Plantation Workers Set to Get Revised Daily Wage of Rs. 1,350 from October 10
Plantation sector workers in Sri Lanka are set to receive a revised daily minimum wage of Rs. 1,350, effective October 10. This increase.
Economics
Forex Market
Sri Lanka Rupee Strengthens to 293.70 Against US Dollar
Sri Lanka’s rupee appreciated against the US dollar, trading at 293.70/90 on Friday, compared to 294.00/50 the previous day, while bond yields remained.
- October 4, 2024
Finance
DFCC Bank to Launch Rs 2 Billion Green Bond Issue in Sri Lanka
DFCC Bank PLC in Sri Lanka is set to launch a senior, rated, 3-year green bond issue to raise Rs 2 billion, with.
- September 10, 2024
Economics
China Exim Bank Becomes First to Restructure Sri Lanka’s Debt
Sri Lanka has successfully restructured defaulted loans and past due interest owed to the Export Import Bank of China, transforming them into $4.187.
- September 10, 2024
Business
Inflation Drops to 0.5% in August 2024 as Prices Decline
Sri Lanka’s headline inflation, measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100), dropped sharply to 0.5% in.
- September 2, 2024
Economics
Sri Lanka Approves Up to 10% Cut in Household Water Tariffs
Sri Lanka’s cabinet has approved a reduction in household water tariffs of up to 10 percent under a cost-reflective tariff formula, according to.
- August 13, 2024
Business
Sri Lanka Panel Sets Daily Wage for Plantation Workers at 1,700 Rupees
Sri Lanka’s Wages Board has mandated a daily wage of 1,700 rupees for plantation workers, which legislators argue amounts to 2,000 rupees with.
- August 13, 2024
Bond Yields
Sri Lanka Rupee Weakens to 302.30/43 Against USD; Bond Yields Rise
Sri Lanka’s rupee weakened to 302.30/43 against the US dollar on Monday, compared to 301.90/302.05 on Friday, according to dealers. Meanwhile, bond yields.
- August 6, 2024
Markets
Sri Lanka Rupee Closes Weaker at 301.90/302.40 to US Dollar
Sri Lanka’s rupee closed marginally weaker at 301.90/302.40 to the US dollar on Monday, compared to 301.70/302.00 on Friday, according to dealers. Meanwhile,.
- July 16, 2024