Sri Lanka Economy - Sri Lanka Business News

Doing Business Ecosystem Gaining Momentum, Positive Country Image to Boost FDI

Finance and Planning Deputy Minister Dr. Harshana Suriyapperuma recently visited the Board of Investment (BOI) and held the first meeting with its senior.

December 17, 2024

Tech

Hambantota Port Boosts Container Operations with $41 Million Crane Upgrade

The Hambantota International Port Group (HIPG) has unveiled a major $41 million investment to enhance its container operations, set to be fully operational.

December 5, 2024

Forex Market

Sri Lanka Rupee Strengthens to 290.60 Against Dollar; Bonds and Equities Show Mixed Trends

Sri Lanka’s rupee opened slightly stronger on Tuesday, trading at 290.60/65 to the US dollar, compared to Monday’s close of 290.65/70, according to.

December 3, 2024

Economics

Colombo Consumer Prices Dive Deeper into Deflation in November 2024 Amid Fuel Price Cuts

Inflation in Colombo fell further into deflationary territory in November 2024, as anticipated by the Central Bank, with a significant decline in non-food.

December 2, 2024

Finance

Sri Lanka Bondholders Incentivized to Join Exchange, Says CB Governor

Holders of Sri Lanka’s defaulted sovereign bonds have been given sufficient incentives to participate in the exchange launched this week, according to Central.

November 28, 2024

Forex Market

Sri Lankan Rupee Strengthens to 291.00 Against Dollar; Bond Yields Decline

The Sri Lankan rupee opened stronger on Tuesday, trading at 291.00/15 to the US dollar, compared to 291.25/35 on Monday, according to market.

November 26, 2024

Forex Market

Sri Lanka Rupee Strengthens to 291.05/20 Against US Dollar; Bond Yields Rise

Sri Lanka’s rupee opened stronger at 291.05/20 against the US dollar on Tuesday, improving from the previous day’s rate of 291.35/45. Meanwhile, bond.