Insurance Industry GWP Rises 7.39% to Rs. 78.59 Billion in Q1 2024
The insurance industry in Sri Lanka reported a total Gross Written Premium (GWP) of Rs. 78,589 million for Long-Term and General Insurance Businesses.
Insurance
Economics
EPF Secures Rs. 231 Million in Laugfs Gas Share Case
The Employees’ Provident Fund (EPF) has received Rs. 231 million in compensation for losses incurred due to market manipulation in the purchase of.
- August 1, 2024
Economics
Sri Lanka’s CPI Up 2.4% in July; 22-Month Inflation Rises 2.8%
Sri Lanka’s consumer prices in the capital Colombo increased by 2.4% in the 12 months to July 2024. However, the central bank’s deflationary.
- August 1, 2024
Educational Opportunities
ACCA and Colombo Stock Exchange Sign MoU to Enhance Financial Education and Employability
The Association of Chartered Certified Accountants (ACCA) and the Colombo Stock Exchange (CSE) have signed a Memorandum of Understanding (MoU) to collaborate on.
- July 31, 2024
Finance
Government to Issue New Gazette for Rs. 1,700 Wage for Plantation Workers
The government is set to implement the Rs. 1,700 daily wage for plantation workers by issuing a fresh gazette within the first two.
- July 31, 2024
Finance
JKH Reports Rs. 7.7 Billion EBITDA but Suffers Rs. 868 Million Loss in 1Q FY25
Top blue-chip company John Keells Holdings Plc (JKH) reported an EBITDA of Rs. 7.7 billion for the first quarter of FY25, marking a.
- July 31, 2024
Business
CPA Australia Explores New Collaborations with Sri Lankan Institutions
A delegation from CPA Australia, a leading global accounting body, has visited Sri Lanka to explore potential collaborations with local government bodies, professional.
- July 31, 2024
Markets
Gold Prices in Sri Lanka: July 31, 2024
As of July 31, 2024, the price of 22 carat gold in Sri Lanka stands at Rs. 188,700 for 8 grams (1 pawn)..
- July 31, 2024
Forex Market
Sri Lankan Rupee Opens at 302.40/70 to USD, Stocks Down 0.41%
Sri Lanka’s rupee opened at 302.40/70 to the US dollar on Wednesday, according to dealers. The rupee had closed at 302.48/55 to the.
- July 31, 2024
Geopolitical Events
Chinese Government Donates Rice and Fishing Nets to Northern and Eastern Sri Lanka
Following diplomatic discussions held by Prime Minister Dinesh Gunawardana and Fisheries Minister Douglas Devananda during their visits to China, the Chinese Government has.
- July 30, 2024