Gold Prices in Sri Lanka on September 18, 2024
As of September 18, 2024, the price of gold in Sri Lanka remains strong. The rate for 22-carat gold stands at Rs. 25,110
Markets
Economics
Oil Prices Climb on Middle East Tensions and Anticipated US Rate Cuts
Crude oil prices have seen an uptick at the start of this week, following a previous week of losses, as escalating violence in
Markets
Gold Prices in Sri Lanka as of August 23, 2024
As of August 23, 2024, gold prices in Sri Lanka are as follows: These rates reflect the current market value for various gold
Industry Analysis
Union Bank Launches Upgraded UBgo App, Enhancing Digital Banking Experience
Union Bank proudly announces the launch of its upgraded UBgo mobile app, a key development in the bank’s ongoing digital transformation strategy. This
Finance
Seylan Bank Introduces New Factoring Services to Boost Business Cash Flow
Seylan Bank has unveiled a new addition to its financial services suite with the launch of Seylan Factoring, designed to help businesses access
Entrepreneurship
100 Young Entrepreneurs Upskill at SPARK 2024 Competition
The SPARK Skilled Youth Entrepreneurship Competition 2024 has successfully completed its first round, with 100 young participants undergoing advanced training in business fundamentals
Tourism
Six New Tourist Service Counters to Open at (BIA)
The Cabinet of Ministers has approved the awarding of contracts to six new companies to operate tourist service counters at Bandaranaike International Airport
Business
Australia’s United Petroleum to Launch Operations in Sri Lanka on August 28
Australia’s United Petroleum Pvt. Ltd. is set to begin operations in Sri Lanka on August 28 under the banner of United Petroleum Lanka.
Business
Sri Lanka Awards Crude Oil Supply Contract to Vitol Asia (Singapore)
Sri Lanka’s Cabinet has approved a contract for the purchase of three shipments of Murban crude oil from November 15, 2024, to April
Forex Market
Sri Lanka Rupee Opens at 300.90/301.10 Against US Dollar
On Friday, Sri Lanka’s rupee opened at 300.90/301.10 against the US dollar, a marginal decline from Thursday’s close of 300.80/301.30. Dealers noted that