Sri Lanka Strikes US $14.2 Billion ISB Restructuring, Paving Way Out of Bankruptcy
Sri Lanka has made significant progress in its efforts to exit bankruptcy, reaching an agreement in principle with the ad hoc group of.
Economics
Business
Mirai Consulting of Japan Explores Investment Opportunities in Sri Lanka
A delegation from Japan’s Mirai Consulting Group recently visited Sri Lanka to explore potential investment opportunities in various sectors of the country’s economy..
- September 20, 2024
Forex Market
Sri Lankan Rupee Weakens to 305.00/75 Against USD, Bond Yields Steady, Stocks Rise
Sri Lanka’s rupee opened weaker on Friday at 305.00/75 to the US dollar, compared to 304.50/80 on Thursday, according to market dealers. Despite.
- September 20, 2024
Markets
Gold Price Update: Sri Lanka Rates as of September 19, 2024
As of September 19, 2024, the gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 780,011.00 24.
- September 19, 2024
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
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
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
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
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
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