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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Education and Career

Onlineaccounting.lk Achieves ACCA UK’s Gold Accreditation

In a significant milestone for Sri Lanka’s education sector, onlineaccounting.lk has earned the prestigious Gold Accreditation from ACCA UK, becoming the first Sri

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Economics

Tea Exports Cover $60M of Sri Lanka’s Fuel Debt to Iran

The Sri Lanka Tea Board announced that exports of Ceylon Tea have successfully offset $60 million of the country’s fuel bill owed to

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Industry Analysis

SDF Achieves Record Profits in FY 23/24

Sarvodaya Development Finance (SDF) has reported its highest-ever profits for the financial year 2023/24, driven by significant growth in key financial metrics: SDF’s

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Economics

PUCSL Approves 22.5% Electricity Tariff Reduction

The Public Utilities Commission of Sri Lanka (PUCSL) has approved a 22.5% reduction in electricity tariffs, effective from midnight on the 15th. PUCSL

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