Education and Career

Top BTEC Centres in Sri Lanka Honoured at Pearson Higher Education Forum 2024

The Pearson BTEC Higher Education Forum 2024, held at the Lotus Ballroom, Shangri-La Colombo, celebrated the achievements of top-performing Pearson-approved BTEC centres in Sri Lanka. British High Commissioner to Sri Lanka, Andrew Patrick, graced the event as the Chief Guest, highlighting the strong educational ties between the UK and Sri Lanka. This annual forum, hosted

Read More
Markets

Gold Price Today in Sri Lanka: Latest Rates for 18th November 2024

The latest gold prices in Sri Lanka for 18th November 2024 are as follows: Gold Prices by Category Gold Unit Gold Price Gold Ounce Rs. 750,380.00 24 Carat 1 Gram Rs. 26,470.00 24 Carat 8 Grams (1 Pawn) Rs. 211,800.00 22 Carat 1 Gram Rs. 24,270.00 22 Carat 8 Grams (1 Pawn) Rs. 194,150.00 21

Read More
Finance

Finance Companies Increase Treasury and Repo Investments Amid Vehicle Ban

Sri Lankan finance companies have substantially increased investments in government securities, repurchase agreements (repos), and unit trusts in the first half of 2024, as reported by the Central Bank. This shift comes as vehicle imports remain banned following the foreign exchange shortage that stemmed from inflationary rate cuts in 2020. The Central Bank’s report notes

Read More
Entrepreneurship

XpressJobs Partners with GEW 2024 as Official Recruitment Partner

XpressJobs has been announced as the Official Recruitment Partner for Global Entrepreneurship Week (GEW) 2024, taking place from 18 to 24 November. This year’s GEW theme, “Entrepreneurship is for Everyone,” is set to inspire young entrepreneurs to start their own businesses, contribute to economic growth, and create sustainable solutions. GEW is the world’s largest celebration

Read More
Business

Fonterra Receives Strong Buyer Interest for Sri Lanka Unit and Consumer Division

New Zealand-based Fonterra has announced that it has received significant buyer interest in its Sri Lanka unit and global consumer division as part of its ongoing exploration to sell off these assets. Earlier this year, Fonterra revealed plans to exit the consumer (retail) business to focus on ingredients and food service distribution channels. Fonterra’s Chief

Read More
Breaking News Tech

Sri Lankans Targeted by Cyber Scam Centres in Myanmar: Defence Ministry Warns

The Defence Ministry has issued a warning about the growing number of Sri Lankans, especially those staying in the United Arab Emirates (UAE), being trafficked into cyber scam centres in Myanmar. The National Anti-Human Trafficking Task Force (NAHTTF) has received reliable information that an increasing number of Sri Lankans are being recruited for these illegal

Read More
Markets

Gold Price Today in Sri Lanka – November 12, 2024

The gold price in Sri Lanka today, November 12, 2024, has been updated for various gold units. The price for 22 Carat 8 Grams (1 Pawn) is Rs. 202,800, while 22 Carat 1 Gram of gold is priced at Rs. 25,350. The price for 24 Carat 8 Grams (1 Pawn) is Rs. 221,150. Below are

Read More
Finance

Sri Lanka Banks and SMEs Discuss Parate Law and Loan Issues

Sri Lanka’s banks, regulators, and small and medium enterprises (SMEs) gathered at the Presidential Secretariat to address challenges surrounding parate execution (foreclosure) laws and difficulties in loan repayments. A key focus of the meeting was the suspension of the law on parate execution, which governs the auctioning of collateral for defaulted loans. The law has

Read More
Markets

Gold Price Update in Sri Lanka – November 11, 2024

As of November 11, 2024, the price of 22-carat 8 grams (1 pawn) of gold in Sri Lanka is Rs. 202,800. For those looking to buy 1 gram of 22-carat gold, the price stands at Rs. 25,350. Meanwhile, the rate for 24-carat 8 grams of gold is Rs. 221,150. Here is the breakdown of the

Read More
Markets

Gold Prices in Sri Lanka – 7th November 2024

As of 7th November 2024, gold prices in Sri Lanka are as follows: Gold Unit Gold Price Gold Ounce Rs. 778,961.00 24 Carat 1 Gram Rs. 27,480.00 24 Carat 8 Grams ( 1 Pawn ) Rs. 219,850.00 22 Carat 1 Gram Rs. 25,190.00 22 Carat 8 Grams ( 1 Pawn ) Rs. 201,550.00 21 Carat

Read More