Sri Lanka Bondholders Agree to 28% Haircut with GDP-Linked Gains
Sri Lanka and its sovereign bondholders have come to an agreement to exchange $14.43 billion in defaulted bonds and overdue interest for new
Economics
Economics
Excise Revenue Reaches Rs. 105 Billion
The Excise Department has successfully amassed Rs. 105 billion in revenue so far this year, reflecting a significant increase of Rs. 17 billion
Stock Market
Gold Prices in Sri Lanka on 4th July 2024
Current Gold Rates: Detailed Gold Prices: Gold Unit Gold Price Gold Ounce Rs. 708,090.00 24 Carat 1 Gram Rs. 24,980.00 24 Carat 8
Industry Analysis
ComBank’s Largest Debenture Oversubscribed on Opening Day, Raises Record Rs. 20 bn
The Commercial Bank of Ceylon’s debenture issue, the largest ever by a private bank in Sri Lanka, closed after being oversubscribed on its
Forex Market
Sri Lankan Rupee Strengthens to 303.00/50 Against US Dollar
Sri Lanka’s rupee opened stronger at 303.00/50 to the US dollar on Wednesday, compared to 303.10/30 on Tuesday. Bond yields remained steady, with
Stock Market
Gold Price Today in Sri Lanka (3rd July 2024)
Gold Prices: Detailed Gold Prices: Gold Unit Gold Price Gold Ounce Rs. 708,090.00 24 Carat 1 Gram Rs. 24,980.00 24 Carat 8 Grams
Tourism
Sri Lanka to Finalize Free Visa Expansion for 60+ Nations This Month
The Sri Lanka Tourism Development Authority (SLTDA) announced that the process to expand free visa facilities to over 60 countries is expected to
Economics
Sri Lanka CPC Oil Imports and Sales Decline with New Market Players
Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) spent 648.7 million US dollars on oil imports in the first four months of 2024, down
Economics
Sri Lanka Secures $100 Million from ADB for Power Reforms
Sri Lanka’s cabinet of ministers has approved borrowing 100 million US dollars from the Asian Development Bank, according to a statement from the