Sri Lanka’s Foreign Exchange Earnings Reach $4.5 Billion by June 2024
Sri Lanka’s foreign exchange earnings from workers’ remittances and tourism have exceeded USD 4.5 billion by mid-2024. Workers’ remittances reached USD 2,822.6 million
Tourism
Business
Sri Lanka to Introduce New Insolvency Bill for MSMEs
President Ranil Wickremesinghe has announced that a new bill will be introduced to address business bankruptcies, as it is not feasible to indefinitely
Markets
Sri Lanka Rupee Strengthens to 303.15/30 Against USD
Sri Lanka’s rupee strengthened to 303.15/30 against the US dollar on Monday, according to dealers. The currency had closed at 303.55/65 on Friday.
Educational Opportunities
Sri Lanka to Streamline Post-School Education and Revamp NVQ System
At the Sri Lanka Human Capital Summit 2024 held on July 18 at Temple Trees, President Ranil Wickremesinghe highlighted the need for significant
Economics
Sri Lanka, Japan Discuss Carbon Reduction Funding
Sri Lanka and Japan have discussed new funding strategies to reduce carbon emissions and revive halted projects during a meeting with President Ranil
Business
Sri Lanka Coconut Prices Hit 17-Month High
Sri Lanka’s average coconut prices climbed 2.3 percent, rising from 82,616 rupees to 84,592 rupees per 1,000 nuts at an auction on July
Markets
Gold Prices in Sri Lanka as of July 22, 2024
As of July 22, 2024, gold prices in Sri Lanka are as follows: Gold Prices by Unit:
Economics
Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget
Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57
Economics
Indian Expert Urges Sri Lanka to Explore Bran Oil Production from Paddy Seeds
Sri Lanka should explore the production of bran oil from paddy seeds and husks, similar to practices in India, according to Dr. B.