Sri Lankan Stocks Gain After Central Bank Rate Cut
On Wednesday, the Colombo Stock Exchange experienced a slight uptick following the central bank’s policy rate cut earlier in the day. The All.
Stock Market
Bond Yields
Sri Lankan Rupee Strengthens to 303.55/65; Bond Yields Decline
On Wednesday, Sri Lanka’s rupee strengthened to 303.55/65 against the US dollar, compared to 303.70/80 on Tuesday. In addition, bond yields saw a.
- July 25, 2024
Economics
Japan Considers Reviving Canceled Sri Lanka $1.5 Billion LRT Project
A $1.5 billion Light Rail Transit (LRT) project, previously canceled unilaterally by former Sri Lankan leader Gotabaya Rajapaksa, may be considered as a.
- July 25, 2024
Stock Market
Sri Lanka SEC and Maldives Sign Deal for Cross Listings
Sri Lanka’s Securities and Exchange Commission (SEC) has signed an agreement with the Capital Market Development Authority (CMDA) of Maldives to facilitate the.
- July 25, 2024
Economics
Sri Lanka’s Private Sector Credit Grows by Rs.146 B
Sri Lanka’s credit to the private sector has expanded by Rs. 146 billion in the first half of 2024, with a notable increase.
- July 25, 2024
Finance
Japan Restarts Yen Loan Projects to Boost Sri Lankan Economy
The Government of Japan has officially decided to resume disbursement for Yen Loan Projects in Sri Lanka, which were suspended following the country’s.
- July 25, 2024
Business
Sri Lanka’s June Merchandise Exports Rise 2.58% to Over USD 1 Billion
Sri Lanka’s merchandise export performance for June 2024 reached USD 1,031.2 million, marking a 2.58% increase compared to June 2023, according to provisional.
- July 24, 2024
Business
Cable Solutions Limited IPO Oversubscribed on First Day
The Initial Public Offering (IPO) of Cable Solutions Limited, which included an offer for subscription of 14,666,600 ordinary voting shares and an offer.
- July 24, 2024
Personal Finance
Sriyangani Dhanapala Named First Female Manager at Cinnamon Bentota Beach
Cinnamon Hotels & Resorts has announced the appointment of Sriyangani Dhanapala as the first female Resort Manager at Cinnamon Bentota Beach. With over.
- July 24, 2024
Economics
China to Provide Free School Uniforms for Sri Lankan Students in 2025
Education Minister Dr. Susil Premajayantha announced that the Chinese government has agreed to supply school uniforms free of charge for Sri Lankan students.
- July 24, 2024