Sri Lanka Rupee Opens at 298.90/299.20 Against US Dollar; Bond Yields Steady
On Monday, Sri Lanka’s rupee opened at 298.90/299.10 against the US dollar, slightly stronger than Friday’s close of 299.00/10. Bond yields remained steady,
Forex Market
Economics
Sri Lanka to Amend Controversial Strategic Development Projects Act by February 2025
Sri Lanka plans to amend its controversial Strategic Development Projects (SDP) Act by February 2025, according to Treasury Secretary Mahinda Siriwardana. The Act,
Markets
Gold Prices in Sri Lanka Today
As of 20th August 2024, the gold price in Sri Lanka for 22 Carat 8 Grams (1 Pawn) is Rs. 193,600. For those
Tech Industry
Rootcode Foundation Opens Second Computer Lab to Empower Underprivileged Students
The Rootcode Foundation inaugurated a new computer lab at Mawathgama Kanishta Vidyalaya on August 4, 2024, marking its second major initiative to empower
Stock Market
Cable Solutions Limited Debuts on Colombo Stock Exchange with Oversubscribed IPO
Cable Solutions Limited (CODE: CSLK-N-0000) successfully commenced trading on the Colombo Stock Exchange (CSE) on August 14, 2024. The company marked this milestone
Industry Analysis
Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer
Union Bank has appointed Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective August 16, 2024. With over two decades of experience
Bond Yields
Sri Lankan Rupee Strengthens to 298.50/60 Against US Dollar; Bond Yields Edge Down
Sri Lanka’s rupee opened stronger on Friday at 298.50/60 against the US dollar, improving from the previous day’s close of 298.95/299.05, according to
Business
Luxury Airport Shuttle Service Launched from BIA to Colombo and Makumbura
A new luxury ‘Airport Terminal Shuttle Service’ has been launched from Bandaranaike International Airport (BIA) to the Colombo Fort Railway Station and the
Markets
Gold Price in Sri Lanka
As of August 16, 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 735,203.00 24
Economics
WindForce Achieves Stellar Q1 Performance with 87% Surge in EBITDA
WindForce PLC has reported an exceptional financial performance for the first quarter of the 2024/25 fiscal year, showcasing significant growth across key metrics.