Bond Yields

Sri Lankan Rupee Strengthens Further as Bond Yields Decline

Sri Lanka’s rupee continued to gain strength, trading at 294.60/75 to the US dollar on Wednesday, improving from the previous day’s 294.75/295.00. Bond.

  • October 2, 2024
Read More
Economics

Sri Lanka Reduces Fuel Prices:

Sri Lanka has reduced the price of petrol by 21 rupees, bringing it down to 311 rupees per litre, effective from midnight on.

  • October 1, 2024
Read More
Policy and Regulation

Sri Lanka to Present Interim Budget in November; Full Budget in January 2025

Sri Lanka’s new government is set to present an interim budget for the first quarter of 2025 in November, according to Prof. Anil.

  • September 27, 2024
Read More
Finance

Sri Lanka Central Bank Holds Rates Steady, Deflation Possible in Near Term

Sri Lanka’s central bank announced that it would maintain policy interest rates between 8.25% and 9.25%, citing the likelihood of deflation in the.

  • September 27, 2024
Read More
Stock Market

Colombo Stock Market Sees Highest Daily Gain in 2024 Amid AKD Optimism

In a significant display of investor confidence following the election of President Anura Kumara Dissanayake, the Colombo stock market surged to record its.

  • September 25, 2024
Read More
Markets

Gold Price Today in Sri Lanka – 25th September 2024: 22 Carat Gold at Rs. 209,850 for 8 Grams

As of 25th September 2024, gold prices in Sri Lanka have seen an increase. The price of 22 carat gold stands at Rs..

  • September 25, 2024
Read More
Tourism

Sri Lanka Tourism Predicts Surge in Arrivals After Elections, Industry Urges ETA Revival

Sri Lanka’s tourism sector is forecasting a significant increase in tourist arrivals following the recent elections. The tourism authority expressed optimism that the.

  • September 25, 2024
Read More
Policy and Regulation

CCC Highlights 10 Economic Priorities for President Dissanayake’s First 6 Months

The Ceylon Chamber of Commerce (CCC) has congratulated newly elected President Anura Kumara Dissanayake and pledged its commitment to collaborate with stakeholders on.

  • September 24, 2024
Read More
Finance

Sri Lanka Reaches ISB Restructuring Deal, Finalises Agreement with China Development Bank

Sri Lanka has reached an agreement in principle to restructure approximately USD 14.2 billion in sovereign debt with International Sovereign Bond (ISB) holders.

  • September 20, 2024
Read More