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%
Economics
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:
Business
Sri Lanka Reviews 100 Vehicle Import Applications to Boost Tourism
Sri Lanka has received around 100 applications for permits to import vehicles to support the tourism industry, according to Somarathne Vidanapathirana, Secretary of
Bond Yields
Sri Lankan Rupee Rises to 303.25 per USD; Bond Yields Stable
Sri Lanka’s rupee appreciated, closing stronger at 303.25/40 to the US dollar on Thursday, compared to 303.55/65 on Wednesday, according to dealers. Bond
Finance
Overseas Realty Reports Rs. 3.5 Billion Profit for H1 2024
Overseas Realty (Ceylon) PLC has announced impressive financial results for the six months ending June 30, 2024. The company recorded a Group Revenue
Business
Central Bank Lowers SDFR and SLFR by 25 Basis Points
The Monetary Policy Board of the Central Bank of Sri Lanka has announced a reduction in both the Standing Deposit Facility Rate (SDFR)