Economics

Maga Engineering Awarded Final Central Highway Contracts

The Cabinet of Ministers has approved the awarding of the IR and IS contract packages for the Central Highway Project to Maga Engineering

Read More
Economics

Cabinet Approves Sri Lanka-Thailand Free Trade Agreement

The Cabinet of Ministers has ratified the Sri Lanka-Thailand Free Trade Agreement (FTA), marking a significant milestone in the bilateral relations between the

Read More
Tourism

Colombo Business Analytics Forum 2024 Kicks Off at BMICH

The Colombo Business Analytics Forum 2024, hosted by the University of Moratuwa’s Society of Business Analytics (SOBA), is taking place today at the

Read More
Finance

Sri Lanka’s Positive Growth Momentum Expected to Continue: CB Governor

Sri Lanka’s positive economic growth, seen in early 2024, is likely to continue, supported by low inflation and a stable exchange rate, according

Read More
Forex Market

Sri Lankan Rupee Slightly Higher at 299.05/20 to USD, Bond Yields Steady

The Sri Lankan rupee opened marginally higher on Wednesday, trading at 299.05/20 against the US dollar, following a previous close of 299.10/25 on

Read More
Markets

Gold Prices in Sri Lanka Today: (August 13, 2024)

As of August 13, 2024, the gold price for 22 Carat 8 Grams (1 Pawn) in Sri Lanka is Rs. 191,650. The rate

Read More
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

Read More
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

Read More
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

Read More
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

Read More