Economics

Rising Natural Rubber Prices Push Global Shift to Synthetic Alternatives

The recent surge in natural rubber prices has led the global rubber industry to anticipate a consumer shift from natural rubber products to

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Markets

Gold Prices in Sri Lanka Today: 22K and 24K Rates as of 6th September 2024

As of 6th September 2024, gold prices in Sri Lanka remain steady with updated rates for 22K and 24K gold. Here’s a detailed

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Tourism

Fragmented Tour Guide Sector Poses Risk to Sri Lanka’s Tourism Goals, Study Reveals

Sri Lanka’s tourism industry faces significant challenges due to a fragmented tour guide sector, threatening the country’s ability to meet its target of

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Business

Commercial Bank of Sri Lanka Completes Liquidation of Money Transfer Unit in Italy

Sri Lanka’s Commercial Bank of Ceylon PLC has officially completed the liquidation of its subsidiary, Commex Sri Lanka S.R.L., located in Rome, Italy.

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Trade Agreements

Sri Lanka Empowers Coconut Development Authority to Regulate Edible Oil Quality

Sri Lanka’s Coconut Development Authority (CDA) will be granted expanded powers to regulate the quality of imported edible oils, including coconut and palm

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Politics

Sri Lanka’s Economy Will Not Collapse Under NPP, Assures Anura Kumara Dissanayake

Sri Lanka’s economy will remain stable under the National People’s Power (NPP) administration, according to party leader Anura Kumara Dissanayake. Addressing the business

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Finance

Central Bank Governor Briefs Parliament on Economic Stabilisation Efforts

In a special session held on Tuesday, Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), provided a comprehensive briefing

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Markets

Gold Price Today in Sri Lanka – 5th September 2024

As of 5th September 2024, the gold prices in Sri Lanka have been updated. Here are the latest rates: Gold Unit Gold Price

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Finance

Multi Finance Delists Following Merger with L B Finance

Multi Finance PLC has been officially delisted from the Colombo Stock Exchange (CSE) as of September 4, 2024, following its merger with L

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Economics

Middle East War Poses Risk to Sri Lanka’s Trade, Remittances: CBSL Warns

A broader conflict in the Middle East could significantly impact Sri Lanka’s tea exports, petroleum imports, and remittance inflows, according to the Central

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