Cable Solutions Limited IPO Oversubscribed on First Day
The Initial Public Offering (IPO) of Cable Solutions Limited, which included an offer for subscription of 14,666,600 ordinary voting shares and an offer
Business
Finance
Cabinet Approves Amendments to Streamline Tax Appeal Process
The Cabinet of Ministers has approved a set of amendments aimed at expediting the tax appeal process to address delays that have impeded
Forex Market
Current Exchange Rates: Sri Lankan Rupee Against Major Currencies
The latest exchange rates for the Sri Lankan Rupee (LKR) are as follows:
Business
Com’ Bank of Ceylon Wins 6 Asian Business Awards
Commercial Bank of Ceylon achieved a notable success by winning six awards at the Asian Business and Finance (ABF) annual awards ceremony held
Personal Finance
Sriyangani Dhanapala Named First Female Manager at Cinnamon Bentota Beach
Cinnamon Hotels & Resorts has announced the appointment of Sriyangani Dhanapala as the first female Resort Manager at Cinnamon Bentota Beach. With over
Economics
China to Provide Free School Uniforms for Sri Lankan Students in 2025
Education Minister Dr. Susil Premajayantha announced that the Chinese government has agreed to supply school uniforms free of charge for Sri Lankan students
Economics
Sri Lanka Offers Interest Relief on Pawning Advances Up to Rs. 100,000
Sri Lanka will provide interest relief for pawn advances up to Rs. 100,000, as announced by Cabinet Spokesperson Minister Bandula Gunawardena. This measure
Economics
June 2024 Export Earnings Boosted by Tea and Rubber Exports
Sri Lanka’s merchandise export performance for June 2024 reached $1,031.2 million, marking a 2.58% increase compared to June 2023. This growth was driven
Bond Yields
Sri Lankan Rupee Strengthens to 303.70/80; Bond Yields Steady
Sri Lanka’s rupee strengthened to 303.70/80 against the US dollar on Tuesday, up from 304.00/20 the previous day, according to dealers. Meanwhile, bond
Job Market Trends
Sri Lanka Launches Digital Reporting Program for Foreign Workers
Sri Lanka is set to launch a digital program allowing migrant workers to report concerns while employed abroad, according to Minister of Labor