Sri Lanka Faces High Poultry Feed Costs Amid Maize Trade Controls
Sri Lanka is grappling with high poultry feed costs due to import duties and trade controls on maize, a key ingredient in animal.
Economics
Economics
Sri Lanka Tea Crop Surges in September, Marginal Growth Recorded for First Nine Months of 2024
Sri Lanka’s tea industry witnessed a remarkable surge in September 2024, with tea production reaching a seven-year high of 24.13 million kilos, according.
- October 18, 2024
Markets
Gold Price Today in Sri Lanka: 16th October 2024
As of 16th October 2024, the price of 22 Carat Gold in Sri Lanka stands at Rs. 203,000 for 8 grams (1 pawn),.
- October 16, 2024
Economics
Sri Lanka to Revisit 2025 State Worker Salary Hike Decision: Minister Vijitha Herath
The Sri Lankan government will revisit the decision to increase state worker salaries in 2025, according to Minister Vijitha Herath. The previous cabinet.
- October 16, 2024
Economics
Foreign Inflows into Sri Lanka’s Government Securities Rise Amid Deflationary Policies
Foreign investment in Sri Lanka’s government securities surged last week, with Central Bank data revealing a 15.7 percent increase in foreign holdings. The.
- October 14, 2024
Economics
World Bank Projects 4.4% Growth for Sri Lanka in 2024
Sri Lanka’s economy is on the path to recovery, with the World Bank projecting a growth rate of 4.4% for 2024, surpassing previous.
- October 11, 2024
Stock Market
Colombo Stock Market Closes Higher as JKH Drives Net Foreign Buying
The Colombo Stock Exchange (CSE) saw a modest positive close yesterday, supported by a late-day rally in an otherwise volatile session. The benchmark.
- October 11, 2024
Finance
Chamber and SLBA Strengthen Partnership for Sustainable Finance
The Ceylon Chamber of Commerce and the Sri Lanka Banks’ Association (SLBA) have formalized and strengthened their partnership by signing a Memorandum of.
- October 10, 2024
Tech Industry
WIS Accountancy Launches AI-Powered Mortgage Platform MortgagX and Expands Operations in Sri Lanka
WIS Accountancy, a prominent digital accountancy, bookkeeping, tax, and business advisory service provider in the UK, is broadening its reach both in the.
- October 7, 2024
Economics
CBSL Forecasts Ongoing Deflation Amid Price Cuts and Improved Supply
The Central Bank of Sri Lanka (CBSL) anticipates that deflationary trends will continue in the coming months before inflation gradually aligns with the.
- October 3, 2024