Business

MMA Partners with MTI Consulting for Maldives Green Finance Framework

The Maldives Monetary Authority (MMA), the central bank of the Maldives, has enlisted MTI Consulting, an international strategy consultancy, to develop a green

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Forex Market

Current Exchange Rates for Sri Lankan Rupee

As of today, the exchange rates for the Sri Lankan Rupee (LKR) against various foreign currencies are as follows:

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Markets

Gold Prices in Sri Lanka: July 31, 2024

As of July 31, 2024, the price of 22 carat gold in Sri Lanka stands at Rs. 188,700 for 8 grams (1 pawn).

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Geopolitical Events

Chinese Government Donates Rice and Fishing Nets to Northern and Eastern Sri Lanka

Following diplomatic discussions held by Prime Minister Dinesh Gunawardana and Fisheries Minister Douglas Devananda during their visits to China, the Chinese Government has

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Economics

Sri Lanka Cabinet Approves New PPP Agency Bill

Sri Lanka’s cabinet has given the green light to draft legislation for establishing a National Agency for Public-Private Partnerships (PPP), following a proposal

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Stock Market

East West Properties PLC Proposes Buyout and Delisting at Rs. 16 Per Share

East West Properties PLC, under the majority ownership of Nahil Wijesuriya, has announced its intention to delist its shares from the Colombo Stock

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Industry Analysis

Ceylon Cold Stores Reports Strong Q1 Results, Reflecting Consumer Spending Recovery

Ceylon Cold Stores PLC, a subsidiary of John Keells Holdings, has showcased robust financial performance for the April-June quarter of fiscal year 2025,

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Business

Colombo Port Named World’s Best Growing Port for Q1 2024

Colombo Port has been recognized as the World’s Best Growing Port for the first quarter of 2024 by Alphaliner, a leading global shipping

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Industry Analysis

Commercial Bank of Ceylon Joins PCAF as Sri Lanka’s First Signatory

The Commercial Bank of Ceylon has become the first bank in Sri Lanka to join the Partnership for Carbon Accounting Financials (PCAF), a

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