Latest Gold Prices in Sri Lanka: August 21, 2024
As of August 21, 2024, the gold prices in Sri Lanka have been updated, with 22 Carat and 24 Carat gold seeing notable
Markets
Entrepreneurship
COYLE Launches Young Lankan’s Program to Empower Future Entrepreneurs
The Chamber of Young Lankan Entrepreneurs (COYLE) has unveiled its latest initiative, the Young Lankan’s program, aimed at nurturing the next generation of
Business
JAT Holdings Achieves 77% Bottom Line Growth in Q1 FY25
JAT Holdings PLC has reported impressive financial results for the first quarter of FY25, with significant growth in both revenue and profit. The
Entrepreneurship
ComBank Launches ‘Diribala Next Gen School Entrepreneurship Grooming Programme’
The Commercial Bank of Ceylon has introduced the ‘Diribala Next Gen School Entrepreneurship Grooming Programme,’ aimed at empowering school students and fostering entrepreneurial
Tech Industry
Technocity Team Shines at Computex 2024 in Taiwan
Technocity Pvt Ltd made a notable impact at ‘Computex 2024’ in Taiwan, marking a significant step forward in technological advancement. Computex 2024, renowned
Tourism
Tourist Arrivals to Sri Lanka Exceed 91,000 in Early August
Sri Lanka has experienced a significant boost in tourist arrivals, with over 91,000 international visitors arriving in the first two weeks of August.
Industry Analysis
SLT-Mobitel Reports Moderate Revenue Growth and Improved Profitability in 1H 2024
SLT-Mobitel has demonstrated resilience in the first half of 2024, reporting moderate revenue growth alongside significant improvements in profitability. For 1H2024, the group’s
Industry Analysis
Vallibel Finance Expands with New Branches in Medawachchiya, Battaramulla, Nittambuwa
Vallibel Finance has recently expanded its network across Sri Lanka by opening new branches in Medawachchiya, Battaramulla, and Nittambuwa. These new locations will
Business
Sri Lanka’s Tea Exports Drop 6.2% in July 2024, But FOB Value Rises
Sri Lanka’s tea exports in July 2024 totaled 21.35 million kilogrammes, marking a 6.2% year-on-year decline. While bulk and packeted tea exports showed
Economics
Sri Lanka on La Niña Watch: Potential Threat to 2025 Maha Rice Crop
Sri Lanka is on alert for potential La Niña conditions, which could result in below-average rainfall from October 2024, posing a risk to