Sri Lanka Targets 20% GDP Contribution from Manufacturing by 2030
The Industry Ministry has set ambitious goals to increase the manufacturing sector’s contribution to Sri Lanka’s GDP from 16% to 20% by 2030..
Economics
Industry Analysis
People’s Bank Relocates Galkiriyagama Branch to New Premises
People’s Bank has recently relocated its Galkiriyagama branch to a new, more spacious location. The new premises offer enhanced convenience for customers and.
- August 2, 2024
Insurance
Sri Lanka’s Education Ministry to Provide Suraksha Insurance for Students
The Education Ministry of Sri Lanka has announced a comprehensive insurance coverage plan for government school students, investing Rs. 7,112 million for up.
- August 2, 2024
Economics
IndiGo to Launch Direct Flights Between Chennai and Jaffna from September 1
IndiGo has announced the addition of Jaffna, Sri Lanka, to its international route network. Starting September 1, the airline will commence non-stop daily.
- August 2, 2024
Business
Sri Lanka Launches Institute of Industry Professionals to Tackle Sector Challenges
The Industry Development Board (IDB) has inaugurated the Sri Lanka Institute of Industry Professionals (SLIIP), aimed at providing an active platform to address.
- August 2, 2024
Markets
DFCC Bank to Launch Rs 2 Billion Green Bond Issue with Greenshoe Option
Sri Lanka’s DFCC Bank Plc announced plans for a senior, rated, 3-year green bond issue aimed at raising 2 billion rupees, with the.
- August 2, 2024
Economics
Sri Lanka and IMF Discuss Critical Areas for Economic Program Success
Sri Lanka’s President Ranil Wickremesinghe met with International Monetary Fund (IMF) Mission Chief Peter Breuer and his team on Thursday to evaluate the.
- August 2, 2024
Markets
Sri Lanka Gold Prices Update for August 2, 2024
As of August 2, 2024, the price of gold in Sri Lanka is as follows: These rates reflect the current value of gold.
- August 2, 2024
Tech
CameraLK Opens New Sony Service Center for Expert Repairs
CameraLK, Sri Lanka’s leading camera retailer, has opened a new CameraLK Service Center located at 244 High Level Rd, Colombo 05. This cutting-edge.
- August 2, 2024
Industry Analysis
Sri Lanka’s Construction PMI Hits 59.5 in June, Highest in 30 Months
Sri Lanka’s Purchasing Managers’ Index for Construction (PMI – Construction) surged to 59.5 in June 2024, marking its highest value in 30 consecutive.
- August 1, 2024