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,
Economics
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
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
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
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
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
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
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
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.
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: