CBSL Projects Near 4% Economic Growth for SL in 2024
Sri Lanka is poised to achieve close to 4% economic growth by the end of 2024, continuing its positive momentum, according to Central
Economics
Finance
Sri Lanka Keeps Fuel Prices Steady for Aug 2024
Sri Lanka’s retail fuel prices will remain unchanged for August 2024, according to the state-run Ceylon Petroleum Corporation (CPC). The CPC was expected
Business
300 Businesses Eye Sri Lanka’s Dollarized Port City SEZ
Approximately 300 businesses have expressed interest in establishing operations within Sri Lanka’s Colombo Port City Special Economic Zone, with around 50 applications currently
Industry Analysis
Sri Lanka to Expand Rubber Plantations by 100,000 Acres in Three Districts
The Ministry of Agriculture and Plantation Industries has unveiled a master plan to expand rubber cultivation in Sri Lanka, aiming to increase the
Economics
Offshore Banking Regulations Gazetted for Port City Colombo’s Economic Zone
Port City Colombo has officially announced the gazetting of two critical regulations, Offshore Banking and Offshore Banking – Prudent Management and Confidence, for
Industry Analysis
Greenlam Industries’ DesignNXT 3.0 Unites Indian, Sri Lankan Designers in Colombo
Greenlam Industries, a global leader in surfacing solutions, concluded its highly anticipated DesignNXT 3.0 event in Colombo, Sri Lanka on July 27. The
Industry Analysis
HNB Assurance and Cargills Bank Partner for Tailored Insurance Solutions
HNB Assurance (HNBA) has announced a strategic partnership with Cargills Bank, aimed at offering tailored insurance solutions designed to meet the specific needs
Industry Analysis
Hemas Holdings Posts Rs. 25.5 Billion Revenue for FY25 Q1 Amid Economic Challenges
Hemas Holdings PLC has reported a consolidated revenue of Rs. 25.5 billion for the first quarter of FY25, ending June 30, 2024. Despite
Entrepreneurship
COYLE Leads Green Entrepreneurship and Mangrove Restoration in Sri Lanka
The Chamber of Young Lankan Entrepreneurs (COYLE) recently hosted ‘The Big Lunch,’ in collaboration with iLEAD International Academy and CIFOR-ICRAF, to promote green
Markets
Current Gold Prices in Sri Lanka: August 1, 2024
As of August 1, 2024, the price of 22 Carat gold in Sri Lanka is Rs. 192,100 for 8 grams (1 Pawn). For