CSE’s Benchmark ASPI Turns Negative YTD for the First Time in 2024
The Colombo Stock Exchange (CSE) experienced a notable downturn yesterday as the All Share Price Index (ASPI) slipped to a negative Year-to-Date (YTD)
Stock Market
Finance
Financial Stability Fund Approved to Strengthen Sri Lanka’s Bank Resolution Framework
The Cabinet of Ministers has approved the establishment of a Financial Stability Fund aimed at strengthening Sri Lanka’s bank resolution framework as part
Entrepreneurship
SPARK 2024 Competition Finale Crowns Sri Lanka’s Top Young Entrepreneurs
The highly anticipated grand finale of the SPARK 2024 Skilled Youth Entrepreneurship Competition took place on September 5, celebrating the next generation of
Markets
Gold Prices in Sri Lanka: September 10, 2024 Update
As of September 10, 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 752,573.00 24
Education and Career
Trailblazing Pioneer Ziyam Abdeen Honored with ISACA Sri Lanka Award for Transformative Impact on Cybersecurity Education
Ziyam Abdeen, Chairman of WinSYS Networks, has been honored with the prestigious ISACA Sri Lanka Chapter Award for his exceptional contributions to the
Business
Milco Milk Powder Price Reduced: New Rates Effective from Today
The price of Milco milk powder has been reduced, with the new prices coming into effect from today (10th September). Consumers will now
Tourism
Sri Lanka’s Tourism Earnings Surpass $2 Billion in First Eight Months of 2024
Sri Lanka’s tourism sector has generated over $2 billion in revenue during the first eight months of 2024, despite a shortfall in tourist
Tourism
Sri Lanka Business Visa Crisis Threatens Economic Recovery: JAAF Urges Immediate Action
The ongoing crisis in Sri Lanka’s business visa issuance is jeopardizing the nation’s economic recovery, as foreign buyers, suppliers, and technical experts struggle
Forex Market
Sri Lankan Rupee Strengthens to 300.75/301.00 Against USD, Bond Yields Rise
The Sri Lankan rupee opened slightly stronger at 300.75/301.00 to the US dollar on Tuesday, following Monday’s close of 301.50/302.00. Bond yields also
Finance
DFCC Bank to Launch Rs 2 Billion Green Bond Issue in Sri Lanka
DFCC Bank PLC in Sri Lanka is set to launch a senior, rated, 3-year green bond issue to raise Rs 2 billion, with