BOC Launches Support Initiative for Young Entrepreneurs to Address Brain Drain
The Bank of Ceylon (BOC) has unveiled a groundbreaking initiative aimed at supporting young entrepreneurs in Sri Lanka. The new program, designed to.
Entrepreneurship
Business
ADB Country Director Praises SME Success in Kandy, Pledges Continued Support
Asian Development Bank (ADB) Country Director for Sri Lanka, Takafumi Kadono, recently visited ADB-aided small and medium-sized enterprises (SMEs) in Kandy. Kadono expressed.
- August 8, 2024
Markets
Gold Prices Today in Sri Lanka: As of 8th August 2024
Gold Unit Gold Price Gold Ounce Rs. 722,690.00 24 Carat 1 Gram Rs. 25,500.00 24 Carat 8 Grams ( 1 Pawn ) Rs..
- August 8, 2024
Stock Market
Colombo Stock Exchange Marginally Up Amid Year’s Lowest Turnover
The Colombo Stock Exchange closed with slight gains on Wednesday, according to its site data. The broader All Share Index (ASPI) edged up.
- August 8, 2024
Bond Yields
Sri Lankan Rupee Strengthens to 301.55 Against USD, Bond Yields Rise
Sri Lanka’s rupee closed stronger at 301.55/65 to the US dollar on Wednesday, improving from 302.10/20 on Tuesday, according to dealers. However, bond.
- August 8, 2024
Economics
Sri Lanka’s Forex Reserves Slightly Decline to $5.649 Bn in July
Sri Lanka’s foreign exchange reserves experienced a marginal decline, reaching $5.649 billion in July 2024, down from $5.654 billion in June, according to.
- August 8, 2024
Investing
Sri Lanka Secures $800 Million in FDIs in Q1 2024
Sri Lanka has secured Foreign Direct Investment (FDI) agreements totaling $800 million for 35 projects in the first quarter of 2024, according to.
- August 7, 2024
Finance
ADB and Sri Lanka Secure $100 Million Loan for Power Sector Reforms
On Monday, the Asian Development Bank (ADB) and the Government of Sri Lanka signed a $100 million loan agreement for Subprogram 1 of.
- August 7, 2024
Markets
Current Gold Prices in Sri Lanka: August 7, 2024
As of August 7, 2024, the gold prices in Sri Lanka are as follows:
- August 7, 2024
Stock Market
Sri Lanka Stocks Close Higher, John Keells Experiences Foreign Selling
The Colombo Stock Exchange closed higher on Tuesday, as indicated by data on its site. The broader All Share Index rose by 0.37.
- August 7, 2024