LOLC Finance Exits Commercial Insurance Brokers for Rs. 333 Million
LOLC Finance Ltd. has exited its 40% stake in Commercial Insurance Brokers Ltd. (CIBL) for Rs. 333 million. CIBL, a joint venture originally
Business
Trade Relations
Russia-Sri Lanka Forum Explores New Trade and Banking Opportunities
The National Chamber of Commerce of Sri Lanka recently hosted a roundtable discussion to explore ways to boost trade, commerce, and banking ties
Entrepreneurship
Visa Supports Sri Lankan Women Entrepreneurs
Visa Empowers Women Entrepreneurs in Sri Lanka with Financial Inclusion and Digital Tools Visa, a global leader in digital payments, has reaffirmed its
International Economic Developments
Sri Lanka, Switzerland Boost Trade Ties Through Strategic Talks
The Sri Lanka Export Development Board (EDB) recently hosted a high-level meeting with Swiss officials to advance bilateral trade relations. Ambassador of Switzerland
Energy
Oil Prices Drop Amid Fears of Global Trade War and U.S. Tariffs
Oil prices dropped by as much as 3% on April 3 following the announcement of new tariffs by U.S. President Donald Trump, sparking
Trade Relations
Sri Lanka Apparel Industry Urges Government Action on U.S. Tariffs
Sri Lanka’s apparel industry has raised significant concerns about the new Reciprocal Tariff policy introduced by the U.S. government earlier today. The proposed
Gold Price
Gold Prices in Sri Lanka: April 4, 2025 Update
As of April 4, 2025, the price of 22 Carat gold in Sri Lanka is Rs. 239,100 for 8 grams (1 pawn). You
Stock Market
Sri Lanka Stocks Tumble for Second Consecutive Day Amid US Tax Imposition
Sri Lanka’s stock market opened sharply lower on Friday, continuing its downward trend for the second consecutive day, with the market shedding over
Bond Yields
Sri Lanka Rupee Strengthens Against US Dollar, Bond Yields Rise
Sri Lanka’s rupee opened stronger against the US dollar at 296.75/90 in the spot market on Friday, compared to 296.90/297.20 on Thursday, according
Recap
News Recap: 15-01-2025
Gold Price Gold Price Update in Sri Lanka As of January 15, 2025, gold prices in Sri Lanka are as follows: 24-carat 1