Economics

Sri Lanka Approves Up to 10% Cut in Household Water Tariffs

Sri Lanka’s cabinet has approved a reduction in household water tariffs of up to 10 percent under a cost-reflective tariff formula, according to

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Business

Sri Lanka Panel Sets Daily Wage for Plantation Workers at 1,700 Rupees

Sri Lanka’s Wages Board has mandated a daily wage of 1,700 rupees for plantation workers, which legislators argue amounts to 2,000 rupees with

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Finance

Fitch Upgrades Habib Bank Sri Lanka to ‘AA-(lka)’ with Stable Outlook

Fitch Ratings has upgraded the national long-term rating of Habib Bank Limited – Sri Lanka Branch (HBLSL) to ‘AA-(lka)’, up from ‘A(lka)’. The

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Bond Yields

Sri Lanka Rupee Opens Flat; Bond Yields and Stocks Steady

Sri Lanka’s rupee opened flat at 299.50/70 against the US dollar on Tuesday, according to dealers. Bond yields remained largely steady, while stocks

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Business

Devaka Cooray and Hiran Cabraal Appointed to Jetwing Symphony Board

Jetwing Symphony PLC has announced the addition of Devaka Cooray and Hiran Cabraal to its Board as Non-Executive Independent Directors. Devaka Cooray, a

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Entrepreneurship

Fcode Labs Hosts Free QA Masterclass for Startup Founders

Fcode Labs, a prominent Health-Tech company, is offering a free online Quality Assurance (QA) masterclass tailored specifically for startup founders. Scheduled for August

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Business

CA Sri Lanka Hosts Forum on IMF Tax Reforms

To facilitate a deeper understanding of the International Monetary Fund (IMF) tax reforms, the Institute of Chartered Accountants of Sri Lanka (CA Sri

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Stock Market

Gold Price Today in Sri Lanka (5th July 2024)

Gold Price in Sri Lanka (5th July 2024) Gold Price Breakdown: Gold Unit Gold Price Gold Ounce Rs. 720,680.00 24 Carat 1 Gram

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Economics

Sri Lanka Transfers Operations of Mattala Airport to Indian-Russian Consortium Despite US Sanction Concerns

Sri Lanka will transfer the operations of its Chinese-built Mattala Rajapaksa International Airport to a consortium of Indian and Russian firms, despite warnings

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