International Economic Developments

Celebrating Excellence: The 10th Edition of Top German Brands in Sri Lanka

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) marked a significant milestone by hosting the 10th edition of.

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Government Regulations

SC Reviews Petition Over Alleged Rs. 85 Billion Loss from Lotus Tower Casino License

The Supreme Court (SC) recently addressed a petition alleging that the State incurred a loss of Rs. 85 billion due to the previous.

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Economics

HNB and Hayleys Solar Partner for Flexible Solar Financing Solutions

HNB PLC has renewed its partnership with Hayleys Solar, the renewable energy division of Hayleys Fentons, to deliver enhanced value to customers seeking.

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Finance

Dhammika Perera Rejoins Hayleys as Co-Chairman

Dhammika Perera will rejoin the board of Hayleys Plc as Co-Chairman and non-executive director, effective October 1. Known as a philanthropist, strategist, and.

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Markets

Current Gold Prices in Sri Lanka (September 30, 2024)

As of September 30, 2024, the price of 22 Carat gold in Sri Lanka for 8 grams (1 pawn) is Rs. 205,950. The.

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Forex Market

Sri Lankan Rupee Strengthens to 297.25 Against USD, Bond Yields Rise

Sri Lanka’s rupee appreciated to open at 297.25/75 against the US dollar on Monday, strengthening from the previous day’s rate of 298.70/299.00, according.

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Economics

IMF Team to Visit Sri Lanka This Week for Key Discussions with President Dissanayake

A delegation from the International Monetary Fund (IMF) is set to visit Sri Lanka this week to meet with President Anura Kumara Dissanayake,.

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Economics

World Bank Pledges Continued Support to Sri Lanka Under President Anura Dissanayake

The World Bank Group has reaffirmed its commitment to support Sri Lanka in a letter addressed to the newly elected President, Anura Dissanayake..

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Politics

Business Leader Hanif Yusuf Appointed Governor of Western Province

Prominent business leader and co-founder of Expolanka Holdings PLC, Hanif Yusuf, has been appointed as the Governor of the Western Province by Sri.

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Tourism

Tourism Sector Employment Grows 11.24% YoY in 2023, Reaching 429,641 Jobs

In 2023, total employment in Sri Lanka’s tourism sector, including indirect jobs, grew by 11.24% year-on-year (YoY), reaching 429,641 employees, according to provisional.

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