SC Reviews Petition Over Alleged Rs. 85 Billion Loss from Lotus Tower Casino License
The Supreme Court (SC) recently addressed a petition alleging that the State incurred a loss of Rs. 85 billion due to the previous
Government Regulations
Economics
Colombo Inflation Drops 0.5% in September Amid Lower Food and Fuel Prices
Inflation in the Colombo district decreased in September, following a significant slowdown in August, as both food and non-food prices declined due to
Markets
Market Stabilizes After Recent Bullish Surge Ahead of T-Bill Auction
Investor sentiment experienced a brief pause following the significant buying momentum observed in recent days, suggesting a period of stabilization ahead of the
Economics
HNB and Hayleys Solar Partner for Flexible Solar Financing Solutions
HNB PLC has renewed its partnership with Hayleys Solar, the renewable energy division of Hayleys Fentons, to deliver enhanced value to customers seeking
Tourism
Sri Lanka Sees Over 100,000 Tourist Arrivals in September
Tourist arrivals in Sri Lanka crossed the 100,000 mark within the first 26 days of September, according to provisional data from the Sri
Markets
Gold Prices in Sri Lanka: As of October 1, 2024
As of October 1, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 203,100 for 8 grams (1 pawn), while
Finance
Dhammika Perera Rejoins Hayleys as Co-Chairman
Dhammika Perera will rejoin the board of Hayleys Plc as Co-Chairman and non-executive director, effective October 1. Known as a philanthropist, strategist, and
Economics
Sri Lanka Reduces Fuel Prices:
Sri Lanka has reduced the price of petrol by 21 rupees, bringing it down to 311 rupees per litre, effective from midnight on
Forex Market
Sri Lankan Rupee Strengthens to 295.80 Against USD, Bond Yields Hold Steady
The Sri Lankan rupee opened stronger at 295.80/296.10 to the US dollar on Tuesday, showing a slight appreciation from Monday’s close of 296.10/60.
Bond Yields
Sri Lanka Rupee Strengthens as Bond Yields Decline Post-Elections
Sri Lanka’s rupee opened at a stronger rate of 304.20/50 against the US dollar on Tuesday, improving from 304.25/75 the previous day. In