Sri Lanka Owes Banks Rs88bn for Past Senior Citizen Interest Subsidies; New Scheme Announced
Sri Lanka’s banks are still owed 88 billion rupees for interest subsidies paid to senior citizens in the past, according to State Minister.
Economics
Economics
Local Egg Producers Criticize Government’s Decision to Resume Imports
The decision to resume egg imports has faced fierce opposition from local producers, who argue that Sri Lanka can meet domestic demand with.
- August 6, 2024
Tourism
Sri Lankan Missions to Resume Tourist and Business Visas Amid eVisa Suspension
In response to the suspension of the eVisa platform, Sri Lankan missions abroad will resume issuing tourist and business visas to facilitate international.
- August 6, 2024
Economics
Rooftop Solar Tariffs Unchanged Amid New Renewable Energy Rate Revisions
The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions.
- August 6, 2024
Investing
MP Eran Questions Blockage of $100M Mineral Investment in Sri Lanka
Samagi Jana Balawegaya (SJB) MP Eran Wickramaratne has raised significant concerns in Parliament about the obstruction faced by Puttalam Ilmenite Ltd. (PIL) in.
- August 6, 2024
Tech Industry
Survey: Emerging Technologies Top Priority for Sri Lankan IT Organizations
SLASSCOM, in collaboration with Deloitte, recently conducted an employability skills survey aimed at assessing the current skills landscape and evaluating the readiness of.
- August 6, 2024
Markets
Gold Prices in Sri Lanka: on August 6, 2024
As of August 6, 2024, the gold price in Sri Lanka for 22 Carat gold stands at Rs. 191,000 for 8 grams (1.
- August 6, 2024
Bond Yields
Sri Lanka Rupee Weakens to 302.30/43 Against USD; Bond Yields Rise
Sri Lanka’s rupee weakened to 302.30/43 against the US dollar on Monday, compared to 301.90/302.05 on Friday, according to dealers. Meanwhile, bond yields.
- August 6, 2024
Tourism
Sri Lanka’s Immigration and Emigration Department Posts Record Rs.42.76bn Revenue in 2023
Sri Lanka’s Immigration and Emigration Department has surpassed its revenue projections for 2023, achieving a record Rs.42.76 billion in total revenue. This performance.
- August 5, 2024
Insurance
Sri Lanka’s Insurance Sector Sees Mixed 1Q Results Despite 7.39% GWP Growth
Sri Lanka’s insurance industry experienced mixed performance results in the first quarter, achieving a 7.39% year-on-year (YoY) growth in overall Gross Written Premium.
- August 5, 2024