Business

Cathay Pacific to Increase Flight Frequency Between Colombo and Hong Kong for Winter 2024-2025

Cathay Pacific has unveiled its new winter schedule for 2024-2025, with plans to boost the frequency of return flights between Colombo’s Bandaranaike International

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Stock Market

Colombo Stock Market Surges to 14-Month High with Record Single-Day Gain

The Colombo stock market reached new heights yesterday as investor confidence soared under the newly elected President Anura Kumara Dissanayake. The benchmark All

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Politics

Business Leader Hanif Yusuf Appointed Governor of Western Province

Prominent business leader and co-founder of Expolanka Holdings PLC, Hanif Yusuf, has been appointed as the Governor of the Western Province by Sri

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Tourism

Tourism Sector Employment Grows 11.24% YoY in 2023, Reaching 429,641 Jobs

In 2023, total employment in Sri Lanka’s tourism sector, including indirect jobs, grew by 11.24% year-on-year (YoY), reaching 429,641 employees, according to provisional

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Economics

National Consumer Prices Drop to 1.1% in August Amid Lower Food and Electricity Costs

In August 2024, Sri Lanka’s national consumer prices eased to 1.1% year-on-year, down from 2.5% in July. This significant deceleration was driven primarily

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Bond Yields

Sri Lanka Rupee Strengthens Against US Dollar as Bond Yields Decline

On Wednesday, Sri Lanka’s rupee traded at a stronger rate of 302.15/25 to the US dollar, an improvement from the previous day’s rate

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Stock Market

Colombo Stock Market Sees Highest Daily Gain in 2024 Amid AKD Optimism

In a significant display of investor confidence following the election of President Anura Kumara Dissanayake, the Colombo stock market surged to record its

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Markets

Gold Price Today in Sri Lanka – 25th September 2024: 22 Carat Gold at Rs. 209,850 for 8 Grams

As of 25th September 2024, gold prices in Sri Lanka have seen an increase. The price of 22 carat gold stands at Rs.

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Tourism

Sri Lanka Tourism Predicts Surge in Arrivals After Elections, Industry Urges ETA Revival

Sri Lanka’s tourism sector is forecasting a significant increase in tourist arrivals following the recent elections. The tourism authority expressed optimism that the

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International Economic Developments

US Supports Sri Lanka’s Path to Economic Sustainability Post-Crisis: Foreign Relations Chair

The United States has reaffirmed its support for the people of Sri Lanka in their efforts to build “an inclusive, just, democratic, and

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