Industry Analysis

Sri Lanka-UAE Joint Venture Enhances Graphene Processing Capabilities, Boosts Industry Ties

Inovartic Investment Lanka Ltd., a new joint venture between Sri Lanka’s Apex Asia Holdings and UAE’s Inovartic Investment LLC, is set to advance.

  • September 19, 2024
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Business

Sri Lanka Pavilion Shines at 70th Bangkok Gems and Jewellery Fair, Showcasing Global Expertise

The Embassy and Permanent Mission of Sri Lanka inaugurated the Sri Lanka Pavilion at the prestigious 70th Bangkok Gems and Jewellery Fair on.

  • September 19, 2024
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Politics

AKD Blames Ranil for Sri Lanka’s Financial Crisis, Spares Gotabaya

Presidential candidate Anura Kumara Dissanayake has attributed Sri Lanka’s 2022 financial crisis to incumbent President Ranil Wickremesinghe, while largely absolving former President Gotabaya.

  • September 19, 2024
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Forex Market

Sri Lankan Rupee Weakens to 304.25/50, Bond Yields Rise, Stocks Open Higher

Sri Lanka’s rupee opened weaker on Thursday at 304.25/50 against the US dollar, compared to Wednesday’s 303.75/85, according to market dealers. Bond yields.

  • September 19, 2024
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Economics

Sri Lanka Anticipates IMF Mission Visit in Two Weeks, Says President Wickremesinghe

Sri Lanka is expecting a mission from the International Monetary Fund (IMF) in two weeks, President Ranil Wickremesinghe announced at a campaign rally.

  • September 19, 2024
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Business

CIOB Announces Construction Expo 2025: A Key Event for Sri Lanka’s Building Industry

The Ceylon Institute of Builders (CIOB) has unveiled plans for the Construction Expo 2025, scheduled to take place from March 14 to 16,.

  • September 18, 2024
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Business

Sri Lanka Sets New Wage Rates for Tea and Rubber Workers at Rs1,350 Plus Rs50 per Kilo

Sri Lanka’s wage board has announced new daily wage rates for tea and rubber workers effective from September 10, as detailed in a.

  • September 18, 2024
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Economics

Sri Lanka Central Bank’s Foreign Reserves Remain Negative at US$728 Million (July 2024)

As of July 2024, Sri Lanka’s central bank continues to face a challenging financial situation, with net foreign reserves remaining in the negative.

  • September 18, 2024
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Markets

Gold Prices in Sri Lanka on September 18, 2024

As of September 18, 2024, the price of gold in Sri Lanka remains strong. The rate for 22-carat gold stands at Rs. 25,110.

  • September 18, 2024
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