Gold Prices in Sri Lanka as of August 12, 2024
As of August 12, 2024, gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 730,506.00 24 Carat
Markets
Bond Yields
Sri Lankan Rupee Strengthens, Bond Yields Increase
Sri Lanka’s rupee opened stronger at 300.45/60 to the US dollar on Friday, compared to Thursday’s close of 300.80/301.05. Despite this strengthening, the
Economics
Sri Lanka Urged to Boost Annual USD 12 Billion Export Volume
At a recent Business Dialogue event hosted by the Advocata Institute at Queens Hotel Kandy, Prof. Sirimal Abeyratne emphasized the need for Sri
Economics
Oversupply Pressures Ceylon Grain Elevators’ Profits in Q2
Ceylon Grain Elevators PLC (CGE), Sri Lanka’s leading poultry producer, reported a decline in both revenue and profit for the second quarter of
Personal Finance
Teejay Lanka Posts Rs. 273.7 Million Profit in 1Q25
Teejay Lanka PLC, Sri Lanka’s pioneering multinational textile manufacturer, has announced a remarkable turnaround in its financial performance for the quarter ending June
Industry Analysis
Union Assurance Teams Up with Union Chemists for Discounts and Enhanced Benefits
Union Assurance, Sri Lanka’s leading life insurer, is enhancing its customer support by partnering with Union Chemists, a renowned pharmaceutical provider with over
Tech
Amana Takaful Wins Mobile App of the Year
Amana Takaful Insurance, recognized as Sri Lanka’s fastest-growing and most awarded insurance company, has won the prestigious Mobile App of the Year– Sri
Industry Analysis
AIA Sales Convention 2024 Honors Top Performers with Innovation
AIA Insurance recently hosted the AIA Sales Convention 2024 at Shangri-La Colombo, under the inspiring theme ‘WINGS UP – to fly beyond Everest’.
Economics
Tokyo Cement Group Begins FY24/25 with Mixed Results but Positive Outlook
Quarterly Financial Review Tokyo Cement Group reported a turnover of Rs. 11,665 million for the first quarter ended 30 June 2024, marking a
Finance
Sampath Bank Reports 45% Increase in PAT for 1H 2024
Sampath Bank announced a significant financial performance for the first half of 2024, with a 45% increase in profit after tax (PAT) to