Oneroad Group DMCC Explores Sri Lanka Investment Opportunities
A 12-member delegation from Oneroad Group DMCC Dubai, a prominent global investment consortium, concluded a fruitful visit to Sri Lanka from July 7-14,
Investing
Finance
NDB Bank Empowers Tech Professionals with Financial Mastery Workshop
NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at
Forex Market
Sri Lankan Rupee Stable at 303.60/65; Bond Yields Steady
Sri Lanka’s rupee held steady at 303.60/65 to the US dollar on Thursday, according to dealers. The currency was nearly unchanged from Wednesday’s
Industry Analysis
Fitch Affirms ‘A-(lka)’ Rating for National Development Bank with Stable Outlook
Fitch Ratings has reaffirmed the ‘A-(lka)’ National Long-Term Rating for Sri Lanka’s National Development Bank Plc (NDB), maintaining a Stable outlook. This decision
Industry Analysis
Ceylon Tea Traders’ Charity Auction Raises Over Rs.46 Million
The Ceylon Tea Traders Association (CTTA) held a successful charity auction last evening, raising more than Rs.46 million. This event, coinciding with the
Forex Market
Current Exchange Rates for Sri Lankan Rupee
As of the latest update, the exchange rates are as follows:
Markets
Gold Prices in Sri Lanka – July 25, 2024
As of July 25, 2024, the gold prices in Sri Lanka are as follows: These prices reflect the current market value for gold
Stock Market
Sri Lankan Stocks Gain After Central Bank Rate Cut
On Wednesday, the Colombo Stock Exchange experienced a slight uptick following the central bank’s policy rate cut earlier in the day. The All
Bond Yields
Sri Lankan Rupee Strengthens to 303.55/65; Bond Yields Decline
On Wednesday, Sri Lanka’s rupee strengthened to 303.55/65 against the US dollar, compared to 303.70/80 on Tuesday. In addition, bond yields saw a
Economics
Japan Considers Reviving Canceled Sri Lanka $1.5 Billion LRT Project
A $1.5 billion Light Rail Transit (LRT) project, previously canceled unilaterally by former Sri Lankan leader Gotabaya Rajapaksa, may be considered as a