Sri Lanka Rupee Opens Stronger; Stocks Edge Up, Bond Yields Fall
Sri Lanka’s rupee opened stronger at 305.95/306.25 against the US dollar on Monday, with bond yields down and stocks rising by 0.07%, according.
Forex Market
Industry Analysis
Tourism
Colombo Gets a Revamp! Softlogic Hotel Rebrands as NH Collection Colombo
Colombo’s hospitality scene is set for a refresh as Softlogic Holdings announces the rebranding of its city hotel. Effective June 1st, the property.
- May 31, 2024
Industry Analysis
Indian giant ITC begins global hospitality journey with Sri Lanka
Indian conglomerate ITC has made its mark on the global hospitality scene with the inauguration of “ITC Ratnadipa,” a luxurious 352-room hotel in.
- April 26, 2024
Economics
Colombo to become tourist city, no more aragalaya: Sri Lanka President
President Ranil Wickremesinghe unveiled ambitious plans to elevate Colombo into a prominent tourist destination, signaling a transformative phase for the city’s development. These.
- April 26, 2024
Finance
Industry Analysis
Colombo stock market rebounds
The Colombo stock market experienced a resurgence into positive territory, buoyed by an uptick in investor sentiment and robust turnover. The benchmark All.
- April 25, 2024
Travel
Cinnamon Lakeside Colombo welcomes Nazoomi Azhar as new General Manager
Cinnamon Lakeside Colombo recently announced a significant leadership transition with the appointment of Nazoomi Azhar as its new General Manager. With a remarkable.
- April 25, 2024