Net Foreign Inflow at CSE Tops Rs. 3 Billion in July Amid Local Bearish Sentiment
The Colombo Stock Exchange (CSE) saw its net foreign inflow surpass the Rs. 3 billion mark for July, despite a bearish outlook from
Forex Market
Industry Analysis
Nations Trust Bank to Raise Rs. 10 Billion Through Debentures
Nations Trust Bank PLC has announced plans to raise Rs. 10 billion via a listed debenture issue. The Board has resolved to issue
Industry Analysis
Nestlé Lanka Celebrates Long-Standing Business Partnerships at Connect@Nest’24
Nestlé Lanka recently hosted the “Connect@Nest’24” event to honour and recognize the valuable business partnerships that have contributed to the company’s success. This
Markets
Gold Prices in Sri Lanka as of July 18, 2024
The gold prices in Sri Lanka for today are as follows:
Markets
Sri Lankan Rupee Weakens to 303.90/304.10 Against USD, Bond Yields Continue to Fall
Sri Lanka’s rupee opened weaker at 303.90/304.10 against the US dollar on Wednesday, compared to 303.70/304.00 on Tuesday, according to dealers. Meanwhile, bond
Tourism
Sri Lanka Welcomes Over 85,000 Tourists in Early July, Nearing 1.1 Million YTD Arrivals
Sri Lanka has seen a significant boost in tourist arrivals, welcoming over 85,000 visitors in the first 14 days of July, bringing the
Finance
Sri Lanka Approves Five Firms for Airport Foreign Exchange Counters
Sri Lanka’s cabinet has approved five companies to operate foreign exchange counters at Bandaranaike International Airport, according to Minister Bandula Gunawardana. Following a
Economics
Sri Lanka Plans Gradual Workforce Reduction at Ceylon Electricity Board
Sri Lanka will gradually reduce the workforce of the state-run Ceylon Electricity Board (CEB) from the approved 26,000 cadres through a Voluntary Retirement
Markets
Gold Prices in Sri Lanka as of July 17, 2024
As of July 17, 2024, the gold prices in Sri Lanka are as follows:
Economics
Sri Lanka to Implement Cost-Based Water Pricing Formula in 2025
Sri Lanka’s cabinet of ministers has approved a cost-based pricing formula for the state-run National Water Supply and Drainage Board, according to Minister