Sri Lanka’s Tourism Minister Highlights Visa-Free Entry as Key to Boosting Arrivals
Tourism Minister Harin Fernando has identified visa-free entry as a major challenge in meeting Sri Lanka’s tourism goals. He noted that neighboring countries
Tourism
Educational Opportunities
China Boosts Sri Lanka’s Smart Classroom Initiative with 1,000 Smart Boards
China has pledged to donate 1,000 smart boards to Sri Lankan schools, advancing the country’s digital education efforts. This announcement follows an Indian
Business
Sri Lanka to Cultivate Hybrid Durian Varieties for Export Expansion
Sri Lanka is set to grow 20,000 durian plants of two hybrid varieties aimed at boosting export opportunities, announced Agriculture Minister Mahinda Amaraweera.
Bond Yields
Sri Lankan Rupee Strengthens; Stocks and Bonds Stable
Sri Lanka’s rupee began Tuesday’s trading session on a stronger note, opening at 303.90/304.10 against the US dollar, according to dealers. This is
Stock Market
Colombo Stock Exchange Falls; Hayleys Attracts Continued Interest
The Colombo Stock Exchange ended Monday’s trading session on a down note, according to data from the exchange’s website. The All Share Index
Economics
Sri Lanka Sets New Rooftop Solar Rate at 27 Rupees Per Unit
Sri Lanka will set the rate for rooftop solar electricity at 27 rupees per unit starting July 2024, as announced by Power Minister
Bond Yields
Sri Lankan Rupee Weakens to 304.00/20 Against USD
Sri Lanka’s rupee closed weaker at 304.00/20 to the US dollar on Monday, down from 303.55/65 on Friday, dealers said, while bond yields
Forex Market
Current Exchange Rates for Sri Lankan Rupee
1 Pound Sterling = 392.97 Sri Lankan Rupees1 United States Dollar = 303.95 Sri Lankan Rupees1 Singapore Dollar = 226.10 Sri Lankan Rupees1
Economics
135,000 Aswesuma Beneficiaries Miss Payments Due to Lack of Bank Accounts
More than 135,000 beneficiaries of Sri Lanka’s Aswesuma poverty alleviation program cannot receive their monthly payments due to not having bank accounts, a
Industry Analysis
HSBC Named ‘Best International Bank in Sri Lanka’ by Euromoney
HSBC Sri Lanka has been awarded the title of ‘Best International Bank in Sri Lanka’ by Euromoney in their Awards for Excellence 2024.