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
Industry Analysis
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
Stock Market
Sri Lanka SEC and Maldives Sign Deal for Cross Listings
Sri Lanka’s Securities and Exchange Commission (SEC) has signed an agreement with the Capital Market Development Authority (CMDA) of Maldives to facilitate the
Economics
Sri Lanka’s Private Sector Credit Grows by Rs.146 B
Sri Lanka’s credit to the private sector has expanded by Rs. 146 billion in the first half of 2024, with a notable increase
Finance
Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy
The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s
Business
Sri Lanka’s June Merchandise Exports Rise 2.58% to Over USD 1 Billion
Sri Lanka’s merchandise export performance for June 2024 reached USD 1,031.2 million, marking a 2.58% increase compared to June 2023, according to provisional