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News Summary: On 15th of Oct 2024

Economics Foreign Inflows into Sri Lanka’s Government Securities Rise Amid Deflationary Policies Foreign investment in Sri Lanka’s government securities rose 15.7% last week,.

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News Summary: 10th of October 2024

Markets Sri Lanka Rupee Stable at 293.05/15 Against US Dollar; Bond Yields Steady Sri Lanka’s rupee remained flat at 293.05/15 to the US.

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News Summary: 8th of October 2024

Economics ADB Pledges Continued Support for Sri Lanka’s Development A delegation from the Asian Development Bank (ADB), led by Country Director Takafumi Kadono,.

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News Summary: 7th of October 2024

Economics IMF Advocates Dedollarization and Monetary Policy Reform in Sri Lanka The IMF has sparked political debate in Sri Lanka by recommending dedollarization.

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News Summary: 4th of October 2024

Economics CEB Accused of Rs. 50 Billion Burden on Electricity Consumers The Electricity Consumers’ Association (ECA) claims the Ceylon Electricity Board (CEB) is.

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News Summary: 3rd of October 2024

Business Tea Sales Average Rises by US $0.06 in September 2024 The national tea sales average for September 2024 increased to Rs.1,207.99 (US.

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News Summary: 2nd of October 2024

Business Aviyana Named Main Sponsor of Sri Lanka Trade Fair Dubai 2024 Aviyana, Sri Lanka’s premier 7-star hotel, has become the main sponsor.

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News Summary: On 1st of October 2024

Economics Sri Lanka Reduces Fuel Prices: Sri Lanka reduced petrol prices by 21 rupees to 311 rupees per litre, and diesel by 24.

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News Summary: On 30th September 2024

Business Sri Lanka’s Hela Apparel Raises Rs 1.5 Billion Through Rights Issue Hela Apparel Holdings Plc raised Rs 1.5 billion through a rights.

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Rainco’s Journey: Local Leadership Transforms into Global Influence

Rainco, a stalwart in the umbrella manufacturing industry, has maintained a strong presence for over four decades, evolving from its inception in 1977.

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