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
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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
Politics
Hulangamuwa and Prof. Fernando Appointed as Economic Advisors to President Dissanayake
President Anura Kumara Dissanayake has appointed Duminda Hulangamuwa, Chairman of the Ceylon Chamber of Commerce (CCC), and Professor Dr. Anil J. Fernando from
Business
Channa Gunawardana Appointed Chairman of Litro Gas Lanka
Litro Gas Lanka Ltd. and Litro Gas Terminal Lanka Ltd. have announced the appointment of Channa Gunawardana as their new Chairman, a move
Tourism
Free Visa System for 35 Countries Delayed Due to Parliamentary Approval
The launch of a free-visa system for nationals from 35 countries, originally scheduled for October 1, has been postponed, as announced by Cabinet
Finance
Dinesh Weerakkody Appointed as New Chairman of Union Bank of Colombo
Dinesh Weerakkody, a highly regarded professional with extensive experience in the banking sector, has been appointed as the new Chairman of Union Bank