Gold Prices in Sri Lanka as of July 29, 2024
As of July 29, 2024, gold prices in Sri Lanka are as follows: Additionally, the prices for other gold units are:
Markets
Tourism
Algeria Grants Visa-Free Travel to Sri Lankans, Boosting Tourism Ties
Following Laos and Thailand, Algeria has also granted visa-free travel to Sri Lankans, among other countries. This move is part of Algeria’s broader
Finance
Pan Asia Bank Achieves 32% Increase in PBT for 1H 2024
Pan Asia Banking Corporation PLC reported a solid performance for the first half of 2024, with a Pre-tax Profit (PBT) of Rs. 1,996
Educational Opportunities
1,250 Schools to Become ‘Smart Schools’ with $20 Million Chinese Grant
Education Minister Dr. Susil Premajayantha announced that 1,250 main schools in Sri Lanka will be developed as ‘Smart Schools’ in the coming months,
Economics
CAA Warns Bakeries of Controlled Bread Prices Over Rs. 130
The Consumer Affairs Authority (CAA) has issued a stern warning to bakery owners, stating that a controlled price will be enforced on bread
Economics
Sri Lanka Negotiates Hilton Colombo Building Sale Price
Sri Lanka is still in negotiations regarding the sale price of Hotel Developers Lanka Ltd, which owns the Colombo Hilton, according to the
Industry Analysis
Union Assurance Expands Premium Payment Options
Union Assurance, a leading life insurer in Sri Lanka, has introduced a range of flexible premium payment options to better serve its customers.
Economics
Banks Discuss Sovereign Bond Repayment in Rupees Amid Exchange Rate Concerns
Sri Lankan Banks Discuss Repayment of Sovereign Bonds in Rupees Amid Exchange Rate Concerns Sri Lanka’s domestic banks are in negotiations with the
Economics
Bread price reduced
The All Ceylon Bakery Owners’ Association (ACBOA) has decided to cut the price of a 450-gram loaf of bread and other bakery items
Bond Yields
Rupee Strengthens to 303.05/15; Bond Yields and Stocks Up
On Friday, Sri Lanka’s rupee opened stronger at 303.05/15 against the US dollar, improving from the previous day’s closing rate of 303.25/40. In