Sri Lanka’s Online Visa Service Faces Review After Court Suspension
Sri Lanka’s Department of Immigration is poised to make a decision on reinstating online tourist visas after a court suspended the service provided
Tourism
Forex Market
Current Exchange Rates for Sri Lankan Rupee: 5 Aug 2024
As of August 5, 2024, the exchange rates for the Sri Lankan Rupee (LKR) are as follows:
Markets
Sri Lanka Gold Prices for August 5, 2024
Gold Unit Gold Price Gold Ounce Rs. 737,998.00 24 Carat 1 Gram Rs. 26,040.00 24 Carat 8 Grams ( 1 Pawn ) Rs.
Forex Market
Sri Lankan Rupee Strengthens to 301.90/302.10 Against USD
On Monday, the Sri Lankan rupee opened stronger at 301.90/302.10 to the US dollar, according to dealers. This improvement follows Friday’s closing rate
Economics
ADB Praises Sri Lanka’s Macroeconomic Progress
The Asian Development Bank (ADB) has expressed confidence in Sri Lanka’s macroeconomic indicators, with Country Director Takafumi Kadono noting positive developments during a
Industry Analysis
Richard Pieris Group’s Q1 Profits Surge 281% to Rs. 1.75 Billion
Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, reported a Profit Before Tax (PBT) of Rs. 1.75 billion for
Economics
Sri Lanka Targets 20% GDP Contribution from Manufacturing by 2030
The Industry Ministry has set ambitious goals to increase the manufacturing sector’s contribution to Sri Lanka’s GDP from 16% to 20% by 2030.
Industry Analysis
People’s Bank Relocates Galkiriyagama Branch to New Premises
People’s Bank has recently relocated its Galkiriyagama branch to a new, more spacious location. The new premises offer enhanced convenience for customers and
Industry Analysis
Sarvodaya Development Finance Ranked No.1 in Category by K Seeds Investments
Sarvodaya Development Finance PLC has been ranked as the top company in its category by K Seeds Investments, reflecting its exceptional financial performance
Insurance
Sri Lanka’s Education Ministry to Provide Suraksha Insurance for Students
The Education Ministry of Sri Lanka has announced a comprehensive insurance coverage plan for government school students, investing Rs. 7,112 million for up