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.
Economics
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
Economics
IndiGo to Launch Direct Flights Between Chennai and Jaffna from September 1
IndiGo has announced the addition of Jaffna, Sri Lanka, to its international route network. Starting September 1, the airline will commence non-stop daily
Business
Sri Lanka Launches Institute of Industry Professionals to Tackle Sector Challenges
The Industry Development Board (IDB) has inaugurated the Sri Lanka Institute of Industry Professionals (SLIIP), aimed at providing an active platform to address
Forex Market
Sri Lanka Stocks Close Higher with Renewed Interest in Apparel Sector
The Colombo Stock Exchange ended on a positive note on Thursday, as indicated by the data on its website. The broader All Share
Markets
DFCC Bank to Launch Rs 2 Billion Green Bond Issue with Greenshoe Option
Sri Lanka’s DFCC Bank Plc announced plans for a senior, rated, 3-year green bond issue aimed at raising 2 billion rupees, with the
Economics
Sri Lanka and IMF Discuss Critical Areas for Economic Program Success
Sri Lanka’s President Ranil Wickremesinghe met with International Monetary Fund (IMF) Mission Chief Peter Breuer and his team on Thursday to evaluate the
Bond Yields
Sri Lankan Rupee Steady Against US Dollar, Stock Market Opens Higher
Sri Lanka’s rupee opened almost unchanged at 302.10/30 to the US dollar on Friday, maintaining stability from the previous day’s close of 302.20/30.