Colombo Stock Market Plunges, Suffers Largest Intraday Loss in Over Two Years
The Colombo stock market experienced a dramatic downturn, with Rs. 188 billion wiped off its value in the largest intraday drop in over.
Stock Market
Gold Price
Gold Prices in Sri Lanka Rise Slightly – 22K Pawn at Rs. 213,550
Gold prices in Sri Lanka saw a slight increase as of 30th January 2025. The price of 22 Carat 8 Grams (1 Pawn).
- January 30, 2025
Economics
IMF Says Sri Lanka’s SOEs Could Remain State-Owned or Be Privatized Amid Restructuring Debate
Sri Lanka’s state-owned enterprises (SOEs) could either remain under state ownership or be privatized, according to Peter Breuer, International Monetary Fund (IMF) Mission.
- January 23, 2025
Bond Yields
Sri Lanka Bond Yields Decline Amid Ongoing Treasury Bill Auction
Sri Lanka’s bond yields saw a slight decline on Wednesday as the market responded to an ongoing auction of 155,000 million rupees worth.
- January 22, 2025
Bond Yields
Sri Lanka’s 4% Sovereign Bond Quoted at 6%, Governance Bond Yields Highest
A plain sovereign bond with a 4.0% coupon maturing in 2028 was quoted at around 6.0% in its first week of trading, according.
- January 2, 2025
Economics
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