Government Regulations

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

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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

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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

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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

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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

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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

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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

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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

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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

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