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

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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

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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:

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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

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Economics

IMF Warns of Global Growth Risks Amidst Elevated Inflation

IMF Cautions on Global Growth Threats from Persistent Inflation The International Monetary Fund (IMF) has issued a warning that global growth is at

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Entrepreneurship

Streamlining Business Registration in Sri Lanka: New Reforms to Boost Entrepreneurship

Sri Lanka is poised to transform its entrepreneurial landscape with a series of reforms aimed at simplifying the business registration process. By addressing

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Personal Finance

Boosting Savings and Investments: Sri Lanka’s New Financial Initiatives

In response to the challenge of low savings rates and limited investment opportunities, Sri Lanka is unveiling a series of initiatives aimed at

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Markets

Gold Prices in Sri Lanka as of July 16, 2024

The gold prices in Sri Lanka for today are as follows:

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Markets

Sri Lanka Rupee Closes Weaker at 301.90/302.40 to US Dollar

Sri Lanka’s rupee closed marginally weaker at 301.90/302.40 to the US dollar on Monday, compared to 301.70/302.00 on Friday, according to dealers. Meanwhile,

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Stock Market

CSE Sees Positive Start with Rs. 409 Million Net Foreign Inflow

The Colombo stock market commenced the new week on a positive note, with indices rising and a notable net foreign inflow of over

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