Tea Sales Average Rises by US $0.06 in September 2024
The national tea sales average for September 2024 reached Rs.1,207.99 (US $ 4.04), marking an increase of Rs.19.50 and US $ 0.06 compared
Business
Economics
CBSL Forecasts Ongoing Deflation Amid Price Cuts and Improved Supply
The Central Bank of Sri Lanka (CBSL) anticipates that deflationary trends will continue in the coming months before inflation gradually aligns with the
Forex Market
Sri Lankan Rupee Weakens to 296.40/80 Against US Dollar, Bond Yields Decline
Sri Lanka’s rupee weakened on Wednesday, closing at 296.40/80 against the US dollar, compared to 294.75/295.00 from the previous day. Meanwhile, bond yields
Economics
IMF Meets Sri Lanka’s New Economic Team for Future Collaboration
Sri Lanka’s newly elected President Anura Dissanayake’s economic team held its first meeting with an International Monetary Fund (IMF) delegation. The discussions, which
Uncategorized
News Summary: 2nd of October 2024
Business Aviyana Named Main Sponsor of Sri Lanka Trade Fair Dubai 2024 Aviyana, Sri Lanka’s premier 7-star hotel, has become the main sponsor
Markets
Gold Prices in Sri Lanka on October 2, 2024:
As of October 2, 2024, gold prices in Sri Lanka are as follows: These prices reflect the latest market rates for gold in
Economics
President Allocates Rs. 5 Billion for Sri Lanka’s General Elections
Sri Lanka’s three-member cabinet, including President Anura Dissanayake, has sanctioned a proposal to allocate Rs. 5 billion from the government’s consolidated fund to
Tourism
Sri Lanka Tourist Arrivals by October 1 Surpass 2023 Totals
Sri Lanka’s tourism sector has achieved a significant milestone, with total tourist arrivals surpassing the entire number recorded in 2023 by October 1,
Insurance
SLIC Offers Rs. 1 Million Free Life Cover for Newborns on Children’s Day
In celebration of World Children’s Day 2024, Sri Lanka Insurance Life Corporation (SLIC) is offering a free life insurance cover worth Rs. 1
Industry Analysis
Siyapatha Finance Reports Strong Financial Growth in 1H 2024
Siyapatha Finance PLC recently announced steady financial growth for the first half of 2024, ending June 30. The company achieved a profit after