Sri Lanka Strikes US $14.2 Billion ISB Restructuring, Paving Way Out of Bankruptcy
Sri Lanka has made significant progress in its efforts to exit bankruptcy, reaching an agreement in principle with the ad hoc group of
Economics
Markets
Gold Price in Sri Lanka Today: 20th September 2024
Gold prices in Sri Lanka have seen an update as of 20th September 2024. The price for 22 Carat 8 grams (1 pawn)
Business
Mirai Consulting of Japan Explores Investment Opportunities in Sri Lanka
A delegation from Japan’s Mirai Consulting Group recently visited Sri Lanka to explore potential investment opportunities in various sectors of the country’s economy.
Forex Market
Sri Lankan Rupee Weakens to 305.00/75 Against USD, Bond Yields Steady, Stocks Rise
Sri Lanka’s rupee opened weaker on Friday at 305.00/75 to the US dollar, compared to 304.50/80 on Thursday, according to market dealers. Despite
Finance
Sri Lanka Reaches ISB Restructuring Deal, Finalises Agreement with China Development Bank
Sri Lanka has reached an agreement in principle to restructure approximately USD 14.2 billion in sovereign debt with International Sovereign Bond (ISB) holders
Markets
Gold Price Update: Sri Lanka Rates as of September 19, 2024
As of September 19, 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 780,011.00 24
Industry Analysis
Sri Lanka-UAE Joint Venture Enhances Graphene Processing Capabilities, Boosts Industry Ties
Inovartic Investment Lanka Ltd., a new joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, is set to advance
Business
Sri Lanka Pavilion Shines at 70th Bangkok Gems and Jewellery Fair, Showcasing Global Expertise
The Embassy and Permanent Mission of Sri Lanka inaugurated the Sri Lanka Pavilion at the prestigious 70th Bangkok Gems and Jewellery Fair on
Politics
AKD Blames Ranil for Sri Lanka’s Financial Crisis, Spares Gotabaya
Presidential candidate Anura Kumara Dissanayake has attributed Sri Lanka’s 2022 financial crisis to incumbent President Ranil Wickremesinghe, while largely absolving former President Gotabaya
Forex Market
Sri Lankan Rupee Weakens to 304.25/50, Bond Yields Rise, Stocks Open Higher
Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields