Business

WEConnect International Hosts Key Events to Empower Sri Lankan Women Entrepreneurs

On August 4 and 5, 2024, WEConnect International, supported by the US Embassy, hosted two pivotal events in Colombo aimed at empowering women.

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Stock Market

CSE Forum Explores Alternative Investments and Wealth Diversification

The Colombo Stock Exchange (CSE) recently organized an awareness session titled “Creating Opportunities for Wealth Creation and Diversification” at the Hilton, Colombo. The.

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Economics

Sri Lanka’s July 2024 Remittances Increase by 10.3% to $566.8 Million

Sri Lanka’s remittances surged by 10.3% to $566.8 million in July 2024, marking a significant rise from the previous year, thanks to increased.

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Finance

HNB to Raise Up to Rs12 Bn Through Debenture Issue

Hatton National Bank Plc (HNB) is set to raise up to Rs12 billion through a new debenture issue, the bank announced. The debentures,.

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Economics

Sri Lanka to Raise Pension Payments to Rs6,000 in October

Sri Lanka will pay its state pensioners a total of Rs6,000 in October following opposition from the Elections Commission regarding an initial Rs3,000.

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Markets

Gold Prices in Sri Lanka as of August 12, 2024

As of August 12, 2024, gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 730,506.00 24 Carat.

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Bond Yields

Sri Lankan Rupee Strengthens, Bond Yields Increase

Sri Lanka’s rupee opened stronger at 300.45/60 to the US dollar on Friday, compared to Thursday’s close of 300.80/301.05. Despite this strengthening, the.

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Economics

Sri Lanka Urged to Boost Annual USD 12 Billion Export Volume

At a recent Business Dialogue event hosted by the Advocata Institute at Queens Hotel Kandy, Prof. Sirimal Abeyratne emphasized the need for Sri.

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Economics

Oversupply Pressures Ceylon Grain Elevators’ Profits in Q2

Ceylon Grain Elevators PLC (CGE), Sri Lanka’s leading poultry producer, reported a decline in both revenue and profit for the second quarter of.

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