Economics

Sri Lanka’s Government Revenue Soars by 41% in First Half of 2024

Sri Lanka has seen a substantial increase in government revenue, with a 41% rise year-on-year (y-o-y) in the first six months of 2024,

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Tourism

Sri Lanka Welcomes 1.2 Million Tourists in 2024

Sri Lanka has achieved a significant milestone in its tourism sector, reaching a target of 1.2 million tourists by August 2024. According to

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Entrepreneurship

BOC Launches Support Initiative for Young Entrepreneurs to Address Brain Drain

The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to

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Personal Finance

INQ Holdings, SBI Funds, Citigroup Lead Adani Energy’s $1 Billion QIP

INQ Holdings, a unit of the Qatar Investment Authority, along with SBI Mutual Fund and foreign investment firms Nomura and Citigroup, emerged as

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Industry Analysis

Sri Lanka International Insurance Summit 2024: Aug 12-14 at Shangri-La Colombo

The Insurance Association of Sri Lanka (IASL) is set to host the ‘Sri Lanka International Insurance Summit 2024’ from August 12-14 at the

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Business

Intex Sri Lanka 2024 Opens in Colombo with Global Textile and Machinery Expo

The 15th edition of “Intex Sri Lanka,” South Asia’s leading international textile sourcing platform, officially began at the Sirimavo Bandaranaike Memorial Exhibition Centre

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Economics

Alliance Air Celebrates 500th Flight to Jaffna, Enhancing Chennai-Jaffna Links

Alliance Air, a subsidiary of Air India, celebrated a major milestone by completing its 500th flight operation to Jaffna International Airport on August

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Business

ADB Country Director Praises SME Success in Kandy, Pledges Continued Support

Asian Development Bank (ADB) Country Director for Sri Lanka, Takafumi Kadono, recently visited ADB-aided small and medium-sized enterprises (SMEs) in Kandy. Kadono expressed

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Markets

Gold Prices Today in Sri Lanka: As of 8th August 2024

Gold Unit Gold Price Gold Ounce Rs. 722,690.00 24 Carat 1 Gram Rs. 25,500.00 24 Carat 8 Grams ( 1 Pawn ) Rs.

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Forex Market

Current Exchange Rates for Sri Lankan Rupee

As of the latest exchange rates, the Sri Lankan Rupee (LKR) stands as follows against major global currencies:

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