Business

Sri Lanka’s Spice Production Set to Grow: Challenges and Opportunities Ahead

Sri Lanka’s spice production is projected to grow steadily, increasing from 110,000 metric tons in 2023 to an estimated 121,000 metric tons by

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Markets

Current Gold Prices in Sri Lanka

Gold Unit Gold Price Gold Ounce Rs. 757,143.00 24 Carat 1 Gram Rs. 26,710.00 24 Carat 8 Grams ( 1 Pawn ) Rs.

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Finance

Sri Lanka Anticipates Rating Upgrade Following Debt Restructuring: Fitch Ratings

Sri Lanka’s banking sector outlook has stabilized, with the Central Bank’s decision to prevent dividend repatriation playing a key role in the sector’s

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Business

Port City Colombo Onboards 100+ Companies as Authorised Persons, Boosting Sri Lanka’s FDI Prospects

Port City Colombo has reached a key milestone, successfully onboarding over 100 companies as Authorised Persons (APs) by 24 August 2024. These companies

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Honors

Hayleys Fabric Becomes First Sri Lankan Company Featured in Global Organic Textile Standard (GOTS) Case Study

Hayleys Fabric PLC has solidified its status as a trailblazer in sustainable textiles, becoming the first Sri Lankan company to be featured in

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Industry Analysis

Banks’ CIO Forum Gears Up for ‘The CIO Confluence 2025’ with Successful Partner Meet Up

The Banks’ Chief Information Officers Forum (BCIOF), the premier C-level forum in Sri Lanka’s banking and financial sector, hosted a successful ‘Partner Meet

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Tourism

Long Queues Return in Sri Lanka Due to Passport Shortage; Foreign Minister Apologizes

Sri Lanka is witnessing the return of long queues, this time outside the Department of Immigration and Emigration, due to a shortage of

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Stock Market

LTL Holdings Plans Rs. 20 Billion IPO at Rs. 14.50 per Share

Sri Lanka’s LTL Holdings is set to raise up to Rs. 20 billion through an initial public offering (IPO), subject to regulatory approvals,

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Markets

Gold Prices in Sri Lanka Today

As of 28th August 2024, gold prices in Sri Lanka have been updated with the 22 Carat 8 Grams (1 Pawn) priced at

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Bond Yields

Sri Lankan Rupee Opens Slightly Weaker, Bond Yields Edge Up

Sri Lanka’s rupee opened slightly weaker on Wednesday, trading at 300.30/80 against the US dollar, compared to 300.00/30 the previous day, according to

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