Tourism

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

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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:

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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.

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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

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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

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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

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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.

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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

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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

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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

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