Energy

Sri Lanka to Review Wind Energy Procurement, Including Adani Project, Post-Elections

Sri Lanka’s government plans to review its wind energy procurement practices, including the project involving India’s Adani Group, after the upcoming parliamentary elections,

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Markets

Sri Lanka Smartphone Market Grows 218% in Q2 2024, Led by Honor and ZTE

Sri Lanka’s smartphone market experienced a remarkable surge, with 365,000 units shipped in Q2 2024, marking a 218% year-over-year (YoY) growth, according to

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Politics

Political Risks to Sri Lanka’s Debt Restructuring Ease, Says Fitch Ratings

Fitch Ratings has noted that political risks to Sri Lanka’s debt restructuring process have reduced following the authorities’ endorsement of the IMF programme

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Healthcare

Nawaloka Hospitals Wins Merit Award at 2024 NBEA

In recognition of its unwavering dedication to healthcare, Nawaloka Hospitals PLC has been honored with the Merit Award in the Hospital Sector at

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Travel

New Board of Directors Appointed at SriLankan Airlines

SriLankan Airlines has appointed a new Board of Directors, with Sarath Ganegoda taking on the role of Chairman. The newly formed board includes

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Bond Yields

Sri Lankan Rupee Closes Steady at 293.00/20 to USD, Bond Yields Decline

Sri Lanka’s rupee remained stable, closing at 293.00/20 to the US dollar on Wednesday, unchanged from the previous day’s rate of 293.15/20, according

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Markets

Gold Prices in Sri Lanka: On October 10, 2024

As of October 10, 2024, the price of 22-carat gold in Sri Lanka stands at Rs. 199,100 for 8 grams (1 Pawn). The

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Bond Yields

Sri Lankan Rupee Strengthens to 292.75 Against USD, Bond Yields Edge Up

Sri Lanka’s rupee strengthened to 292.75/85 against the US dollar on Wednesday, improving from the previous day’s rate of 293.15/20, according to market

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Education and Career

Kelani Saviya Enrolls 12th Intake with Rs 1.7 Mn Sponsorship

Kelani Cables PLC has successfully continued its award-winning Kelani Saviya skill development CSR program for the 17th consecutive year, enrolling 70 students for

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Tourism

Sri Lanka Sets Ambitious USD 18.5 Billion Tourism Target by 2030

The newly appointed Chairman of the Sri Lanka Tourism Development Authority (SLTDA) and Sri Lanka Tourism Promotion Bureau (SLTPB), Buddika Hewawasam, convened a

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