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.
Industry Analysis
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
Economics
Central Bank Cuts Key Rates by 25bps to Stimulate Growth
The Central Bank has reduced its key policy rates by 25 basis points, bringing the Standing Lending and Deposit Facility rates to 9.25%
Tech
Sirimavo Bandaranaike College Upgrades to Smart Classrooms
All classrooms from Grade 1 to Grade 5 at Colombo’s Sirimavo Bandaranaike College have been upgraded to smart classrooms. Education Minister Susil Premajayantha
Tourism
Ceylon Chamber Calls for Review of e-Visa Pricing and Strategy
The Ceylon Chamber of Commerce has called on the Government to reassess the new e-Visa issuance process and its associated costs to better
Stock Market
Maharaja Foods Debuts on Colombo Stock Exchange
Maharaja Foods Ltd., a leading producer and exporter of authentic Sri Lankan food and spices, is set to commence secondary market trading at
Forex Market
Current Exchange Rates for Sri Lankan Rupee
As of today, the exchange rates for major currencies against the Sri Lankan Rupee are:
Markets
Gold Prices in Sri Lanka on July 26, 2024
As of July 26, 2024, gold prices in Sri Lanka are as follows: