Business

MillenniumIT ESP Launches Global Service Delivery Centre at Port City Colombo

MillenniumIT ESP, a leading enterprise solutions provider, has announced a significant milestone in its growth journey with the establishment of its Global Service

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Trade Relations

Sri Lankan Trade Delegation Strengthens Ties with Australian Food Industry

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Melbourne (SLCG) and the Sri Lanka-Australia Chamber

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Economics

IMF to Reveal Dates for Sri Lanka’s Third Review Under EFF Program

The International Monetary Fund (IMF) is set to announce the dates for the third review under the Extended Fund Facility (EFF) program for

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Economics

President Discusses Tax Relief Plans with IMF Delegation in Sri Lanka

President Anura Kumara Dissanayake met with an IMF delegation yesterday, including Asia Pacific Department Director Krishna Srinivasan and Senior Mission Chief Dr. Peter

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International Economic Developments

Korean Exim Bank Resumes Funding for Sri Lanka’s Development Projects

The Export and Import (Exim) Bank of Korea has agreed to resume financial support for Sri Lanka’s development projects, according to the President’s

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Economics

Sri Lanka’s Forex Inflows Exceed Imports by $757 Million in August 2024

Sri Lanka’s gross foreign exchange inflows exceeded imports by $757 million in August 2024, according to data released by the Central Bank of

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Uncategorized

News Summary: 3rd of October 2024

Business Tea Sales Average Rises by US $0.06 in September 2024 The national tea sales average for September 2024 increased to Rs.1,207.99 (US

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Forex Market

Sri Lankan Rupee Falls to 296.60 Against US Dollar; Bond Yields Increase

On Thursday, the Sri Lankan rupee opened weaker at 296.60/297.20 to the US dollar, compared to 296.40/80 the previous day, according to dealers.

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Markets

Gold Prices in Sri Lanka: On 3rd October 2024

As of 3rd October 2024, gold prices in Sri Lanka are as follows: In addition, the gold rates for other units are: These

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Investing

Netherlands Invests €300,000 in Gampaha Batik SMEs with Electric Three-Wheelers

The Netherlands’ Foreign Affairs Ministry has invested €300,000 in a cluster project aimed at enhancing the sustainability and growth of local batik SMEs

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