News Summary: On 24th of Oct 2024
Business Charithra Hettiarachchi Re-elected as President of Sri Lanka-USA Business Council The Sri Lanka–USA Business Council re-elected Charithra Hettiarachchi as President for 2024/2025.
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Business
Charithra Hettiarachchi Re-elected as President of Sri Lanka-USA Business Council
The Sri Lanka–USA Business Council (SLUSABC) of the Ceylon Chamber of Commerce has re-elected Charithra Hettiarachchi, CEO of WICHY Plantation Company (Pvt) Ltd,
Markets
Gold Price in Sri Lanka: 24th October 2024 Update
As of 24th October 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 800,009.00 24
Economics
G-24 Pushes for Common Debt Framework for Middle-Income Nations, Citing Sri Lanka’s Progress
At the G-24 press briefing during the IMF-World Bank Annual Meetings on October 22, the G-24 countries advocated for the establishment of a
Tourism
Authorities Heighten Security in Arugam Bay Amid Terror Threat to Foreign Tourists
Sri Lankan law enforcement confirmed that they were aware of intelligence suggesting a potential terrorist attack targeting tourist locations in the Arugam Bay
Markets
Gold Price Today in Sri Lanka: 22 Carat at Rs. 208,300 per 8 Grams (Pawn) – 23rd October 2024
As of 23rd October 2024, the gold price in Sri Lanka for 22-carat gold stands at Rs. 208,300 for 8 grams, commonly referred
Forex Market
Sri Lanka Rupee Steady at 293.23/29 Against US Dollar, Bond Yields Slightly Lower
Sri Lanka’s rupee remained stable, trading at 293.23/29 against the US dollar on Wednesday, unchanged from the previous day’s rate of 293.23/27, according
Economics
IMF Warns of Global Economic Risks from Elections and Policy Shifts
The International Monetary Fund (IMF) has raised concerns about the elevated uncertainty surrounding the global economic outlook, citing the potential impact of elections
Business
Port City Colombo Drives Growth in Sri Lanka’s IT Industry
Port City Colombo is playing a pivotal role in accelerating the development of Sri Lanka’s IT industry, aligning with the Government’s ambitious goal
Industry Analysis
Hela Apparel Holdings Partners with Reebok to Enhance Outerwear Offerings in UK and Europe
Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, has announced an exclusive long-term partnership with Authentic Brands Group to