Sri Lanka’s Tourism Earnings Surge to US$ 2.35 Billion Amid Recovery Efforts
Sri Lanka’s tourism sector continues to show positive momentum as of September 2024, with both visitor arrivals and earnings on the rise, despite.
Tourism
Industry Analysis
SLACMA Welcomes NPP’s Industrial Policies to Boost Automobile Component Manufacturing
The Sri Lanka Automobile Component Manufacturers Association (SLACMA) has extended its congratulations to Anura Kumara Dissanayake on his election as the new President.
- October 7, 2024
Business
Maliban Secures Court Ruling Against Uswatte’s Copycat Packaging
The Commercial High Court of Colombo has issued an enjoining order against Uswatte Confectionery Works Ltd., prohibiting them from manufacturing, distributing, and selling.
- October 7, 2024
Economics
Ceylon Chamber Commends Progress in Sri Lanka’s ISB Debt Restructuring Approval
The Ceylon Chamber of Commerce has praised the Sri Lankan government’s successful consultations with the International Monetary Fund (IMF) and the Official Creditor.
- October 7, 2024
Economics
IMF Advocates Dedollarization and Monetary Policy Reform in Sri Lanka
The International Monetary Fund (IMF) has stirred political discussions around dedollarization in Sri Lanka through a report on liquidity operations and monetary policy..
- October 7, 2024
Markets
Gold Prices in Sri Lanka as of October 4, 2024
As of October 4, 2024, the price of 22-carat gold in Sri Lanka is Rs. 203,900 for 8 grams (1 pawn), while 1.
- October 4, 2024
Forex Market
Sri Lanka Rupee Strengthens to 293.70 Against US Dollar
Sri Lanka’s rupee appreciated against the US dollar, trading at 293.70/90 on Friday, compared to 294.00/50 the previous day, while bond yields remained.
- October 4, 2024
Economics
CEB Accused of Rs. 50 Billion Burden on Electricity Consumers
The Electricity Consumers’ Association (ECA) has alleged that the Ceylon Electricity Board (CEB) is imposing an additional financial burden of approximately Rs. 50.
- October 4, 2024
Industry Analysis
Gem and Jewellery Sector in Sri Lanka Faces Decline Amidst Stalled Reforms
The Sri Lanka Gem and Jewellery Association (SLGJA) has issued a renewed call for urgent reforms as the domestic industry grapples with a.
- October 4, 2024
Business
MillenniumIT ESP Launches Global Service Delivery Centre at Port City Colombo
MillenniumIT ESP, a leading enterprise solutions provider, has announced a significant milestone in its growth journey with the establishment of its Global Service.
- October 4, 2024