Finance

CBSL: Today Is Not a Bank Holiday Despite Public Holiday

The Central Bank of Sri Lanka (CBSL) issued a statement today clarifying that, although September 23, 2024, is a public holiday, it is

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Business

CIOB Announces Construction Expo 2025: A Key Event for Sri Lanka’s Building Industry

The Ceylon Institute of Builders (CIOB) has unveiled plans for the Construction Expo 2025, scheduled to take place from March 14 to 16,

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Business

Sri Lanka Sets New Wage Rates for Tea and Rubber Workers at Rs1,350 Plus Rs50 per Kilo

Sri Lanka’s wage board has announced new daily wage rates for tea and rubber workers effective from September 10, as detailed in a

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Economics

Sri Lanka Central Bank’s Foreign Reserves Remain Negative at US$728 Million (July 2024)

As of July 2024, Sri Lanka’s central bank continues to face a challenging financial situation, with net foreign reserves remaining in the negative

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Markets

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

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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

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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

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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

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