Finance

NDB Reports Strong Profit Growth Amid Improving Economic Conditions in Sri Lanka

The National Development Bank PLC (NDB) has announced robust financial results for the nine months ending 30 September 2024, highlighting its resilience and.

  • November 14, 2024
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Economics

Economic Sentiment Rises as Business Confidence Rebounds – Survey

The latest edition of LMD, a leading business magazine, reveals a significant boost in economic sentiment following Sri Lanka’s recent presidential election. The.

  • November 13, 2024
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Forex Market

Sri Lanka Rupee Stable at 292.55/75 Against Dollar, Bond Yields Decline

Sri Lanka’s rupee remained stable at 292.55/75 to the US dollar on Tuesday, according to dealers, while bond yields saw a decline. A.

  • November 12, 2024
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Markets

Gold Price Update in Sri Lanka – November 11, 2024

As of November 11, 2024, the price of 22-carat 8 grams (1 pawn) of gold in Sri Lanka is Rs. 202,800. For those.

  • November 11, 2024
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Forex Market

Sri Lanka Rupee Weakens to 292.60/70 Against Dollar, Bond Yields Fall

Sri Lanka’s rupee opened weaker on Monday, trading at 292.60/70 to the US dollar, compared to 292.50/65 on Friday, according to dealers. Bond.

  • November 11, 2024
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Economics

Sri Lanka’s Pharmaceutical Sector Shows Signs of Growth After Economic Crisis

Sri Lanka’s pharmaceutical sector is beginning to show signs of recovery, with sales starting to grow after the country’s severe currency crisis in.

  • November 11, 2024
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Economics

Private Sector Credit Demand Slows in September, But Remains Resilient

Private sector credit demand showed signs of slowing in September, falling short of the recent high recorded in August, according to data from.

  • November 11, 2024
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Forex Market

Sri Lanka Rupee Opens Weaker at 292.68/75 to Dollar; Bond Yields Drop

Sri Lanka’s rupee opened weaker at 292.68/75 to the US dollar on Friday, reflecting a slight dip from 292.55/65 on Thursday. Meanwhile, bond.

  • November 8, 2024
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Markets

Sri Lanka and Pakistan Set to Lead Asian Frontier Markets in 2025

Sri Lanka and Pakistan are positioned to take the lead in South Asian frontier markets, extending their current market rally into 2025. This.

  • November 1, 2024
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