Gold Prices in Sri Lanka: on September 24, 2024
As of September 24, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 207,400 for 8 grams (1 pawn), while
Markets
Forex Market
Sri Lankan Rupee Strengthens to 304.25 as Bond Yields Decline
Sri Lanka’s rupee strengthened on Monday, closing at 304.25/75 against the US dollar, recovering from its previous close of 305.25/306.00 on Friday, according
Economics
IMF: Sri Lanka’s ISB Restructuring Deal Requires OCC Approval
The International Monetary Fund (IMF) has welcomed Sri Lanka’s recent agreement with international sovereign bondholders but emphasized that the deal still requires approval
Healthcare
AIA Insurance Partners with HelpAge Sri Lanka to Fund Cataract Surgeries
AIA Insurance has joined forces with HelpAge Sri Lanka, emphasizing its commitment to improving the lives of those in need. This partnership has
Industry Analysis
CBL Global Foods Partners with USAID to Transform Sri Lanka’s Coconut Industry
CBL Global Foods Limited, a subsidiary of the CBL Group, has teamed up with the United States Agency for International Development (USAID) to
Industry Analysis
HNB Assurance Appoints Prof. Ananda Jayawardane to Board of Directors
HNB Assurance PLC (HNBA) has announced the appointment of Prof. Ananda Jayawardane as a non-executive/non-independent Director, effective August 9. Prof. Jayawardane is a
Stock Market
Sri Lanka Stocks Rebound After Presidential Election, ASPI Gains 0.74%
The Colombo Stock Exchange began to recover after opening lower following Sri Lanka’s presidential election over the weekend. The All Share Price Index
Business
Colombo Tea Auction Sees 4 Million Kilograms Sold Amid Irregular Market Trends
This week’s Colombo Tea Auction concluded as a one-day restricted sale, with a total volume of 4.0 million kilograms due to intervening holidays.
Business
Sampath Bank Wins Asia’s Best Corporate Responsibility at Euromoney Awards 2024
Sampath Bank made history by receiving the prestigious Asia’s Best Bank for Corporate Responsibility award at the Euromoney Awards for Excellence 2024, held
Travel
Air China to Launch Daily Flights Between China and Sri Lanka in October 2024
Air China, one of China’s largest airlines, will begin daily flights to Sri Lanka in October 2024, marking a significant boost in air