Local Egg Producers Criticize Government’s Decision to Resume Imports
The decision to resume egg imports has faced fierce opposition from local producers, who argue that Sri Lanka can meet domestic demand with
Economics
Tourism
Sri Lankan Missions to Resume Tourist and Business Visas Amid eVisa Suspension
In response to the suspension of the eVisa platform, Sri Lankan missions abroad will resume issuing tourist and business visas to facilitate international
Economics
Oil Prices Drop Amid US Recession Concerns and Middle East Tensions
Oil prices fell on Monday as worries about a potential US recession, the world’s largest oil consumer, outweighed concerns over escalating tensions in
Forex Market
Current Exchange Rates for Sri Lankan Rupee
As of today, the exchange rates for major currencies against the Sri Lankan Rupee are as follows:
Economics
Rooftop Solar Tariffs Unchanged Amid New Renewable Energy Rate Revisions
The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions
Investing
MP Eran Questions Blockage of $100M Mineral Investment in Sri Lanka
Samagi Jana Balawegaya (SJB) MP Eran Wickramaratne has raised significant concerns in Parliament about the obstruction faced by Puttalam Ilmenite Ltd. (PIL) in
Industry Analysis
Fitch Assigns Final ‘BBB+(lka)’ Rating to HNB’s Basel III Subordinated Debt
Fitch Ratings has assigned Hatton National Bank PLC (HNB, A(lka)/Stable) a final National Long-Term Rating of ‘BBB+(lka)’ for its proposed Sri Lankan rupee-denominated
Tech Industry
Survey: Emerging Technologies Top Priority for Sri Lankan IT Organizations
SLASSCOM, in collaboration with Deloitte, recently conducted an employability skills survey aimed at assessing the current skills landscape and evaluating the readiness of
Markets
Gold Prices in Sri Lanka: on August 6, 2024
As of August 6, 2024, the gold price in Sri Lanka for 22 Carat gold stands at Rs. 191,000 for 8 grams (1
Stock Market
Sri Lanka Stocks Fall Amid Ongoing Election Uncertainty
The Colombo Stock Exchange closed lower on Monday, according to data from its site. The broader All Share Index dropped by 1.67 percent,