Finance

BOC Recognized Among Top 1000 World Banks for 2024 by The Banker

Bank of Ceylon (BOC), Sri Lanka’s leading financial institution, has proudly announced its inclusion in The Banker magazine’s esteemed list of Top 1000 World Banks for 2024. BOC stands as the only Sri Lankan bank to secure a place on this prestigious list, marking another milestone during its 85th anniversary celebrations. As a cornerstone of

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Markets

Current Gold Prices in Sri Lanka: August 7, 2024

As of August 7, 2024, the gold prices in Sri Lanka are as follows:

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Markets

Gold Prices in Sri Lanka: on August 6, 2024

As of August 6, 2024, the gold price in Sri Lanka for 22 Carat gold stands at Rs. 191,000 for 8 grams (1 Pawn). For 1 gram of 22 Carat gold, the price is Rs. 23,870. The rate for 24 Carat gold is Rs. 208,300 for 8 grams, and Rs. 26,040 for 1 gram. Gold

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Economics

CBSL Projects Near 4% Economic Growth for SL in 2024

Sri Lanka is poised to achieve close to 4% economic growth by the end of 2024, continuing its positive momentum, according to Central Bank Governor Dr. Nandalal Weerasinghe. Speaking at an event organized by CMA Sri Lanka last week, Weerasinghe highlighted that all leading indicators suggest sustained positive growth in the second quarter and throughout

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Markets

Gold Prices in Sri Lanka on July 19, 2024

As of July 19, 2024, the price for 22 Carat gold in Sri Lanka is Rs. 193,850 for 8 grams (1 pawn). The cost for 1 gram of 22 Carat gold is Rs. 24,230. The rate for 24 Carat gold is Rs. 211,450 for 8 grams. Gold Unit Gold Price Gold Ounce Rs. 749,174.00 24

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Tourism

Sri Lanka Tourism Rebounds with 1.08 Million Tourist Arrivals

Sri Lanka is aiming for over 2.5 million tourist arrivals in 2024, marking a significant recovery as it surpassed 1,077,251 arrivals by July 11th. The country welcomed 67,002 tourists in the first 11 days of July alone. From January to June 2024, tourist arrivals surged to 1,010,249, up 61.7% from 624,874 in the same period

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Tourism

Korea Eases Travel Alert on Sri Lanka

Positive News for Tourism The Republic of Korea has relaxed its travel alert for Sri Lanka, a move welcomed by the tourism industry. As of July 1, the Ministry of Foreign Affairs of the Republic of Korea has adjusted Sri Lanka’s travel alert from level 2 to level 1. “The revised alert, which reflects improved

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