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
Finance
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
Economics
Sri Lanka’s Power & Energy Sector Strengthens Under Outgoing Minister
Sri Lanka’s outgoing Power and Energy Minister Kanchana Wijesekara has announced that he leaves the ministry in a stronger financial position, with sufficient
Economics
Exporters Call on New President to Foster Business-Friendly Environment in Sri Lanka
Sri Lanka’s export community has urged President Anura Kumara Dissanayake to streamline administrative processes and cultivate a more business-friendly environment that empowers entrepreneurs
Education and Career
Sysco LABS Expands Project GLO for Undergraduates
Sysco LABS has announced the expansion of Project Guiding Leadership and Outreach (GLO) to include undergraduate students from both state and private universities,
Business
Euro Motors Unveils High-Tech JAC Double Cab T9 in Sri Lanka
Euro Motors (Pvt) Ltd, a prominent player in Sri Lanka’s automobile industry for over two decades, has launched the latest JAC Double Cab
Industry Analysis
Sri Lanka’s Apparel Sector Surpasses $3 Billion in Earnings Amid Growth
Sri Lanka’s apparel sector has surpassed the $3 billion mark in earnings, demonstrating impressive growth with a 22% year-on-year increase in August. According
Policy and Regulation
Kavan Ratnayaka Resigns as Chairman of BOC
Kavan Ratnayaka has stepped down from his role as the Independent, Non-Executive Chairman of the Bank of Ceylon (BOC). The announcement was made