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.
Economics
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
Trade Relations
Sri Lankan Trade Delegation Strengthens Ties with Australian Food Industry
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Melbourne (SLCG) and the Sri Lanka-Australia Chamber.
- October 4, 2024
Economics
IMF to Reveal Dates for Sri Lanka’s Third Review Under EFF Program
The International Monetary Fund (IMF) is set to announce the dates for the third review under the Extended Fund Facility (EFF) program for.
- October 4, 2024
Economics
President Discusses Tax Relief Plans with IMF Delegation in Sri Lanka
President Anura Kumara Dissanayake met with an IMF delegation yesterday, including Asia Pacific Department Director Krishna Srinivasan and Senior Mission Chief Dr. Peter.
- October 4, 2024