Markets
Gold Price Today in Sri Lanka – 17th December 2024
Gold prices in Sri Lanka on 17th December 2024 were: Gold Ounce at Rs. 771,521, 24 Carat 1 Gram at Rs. 27,220, and 22 Carat 1 Gram at Rs. 24,960. A 24 Carat Pawn (8 Grams) was Rs. 217,750. Rates may vary due to market trends and economic factors.
All-Time High Colombo Stock Market Gathers More Momentum
The Colombo stock market hit record highs as the ASPI rose 2% to surpass 14,500, and S&P SL20 gained 2.5%, with YTD returns at 41.76%. Turnover reached Rs. 8.28 billion, led by banking and capital goods sectors. Bullish sentiment stems from declining rates and Sri Lanka’s debt restructuring success.
Economics
Doing Business Ecosystem Gaining Momentum, Positive Country Image to Boost FDI
Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma, during his first meeting with BOI senior management, emphasized BOI’s vital role in driving FDI, GDP growth, and employment. He highlighted renewed government support, anti-corruption measures, and operational improvements to enhance investor confidence and make Sri Lanka Asia’s top FDI destination.