1,250 Schools to Become ‘Smart Schools’ with $20 Million Chinese Grant
Education Minister Dr. Susil Premajayantha announced that 1,250 main schools in Sri Lanka will be developed as ‘Smart Schools’ in the coming months,.
Educational Opportunities
Economics
CAA Warns Bakeries of Controlled Bread Prices Over Rs. 130
The Consumer Affairs Authority (CAA) has issued a stern warning to bakery owners, stating that a controlled price will be enforced on bread.
- July 29, 2024
Economics
Sri Lanka Negotiates Hilton Colombo Building Sale Price
Sri Lanka is still in negotiations regarding the sale price of Hotel Developers Lanka Ltd, which owns the Colombo Hilton, according to the.
- July 26, 2024
Industry Analysis
Union Assurance Expands Premium Payment Options
Union Assurance, a leading life insurer in Sri Lanka, has introduced a range of flexible premium payment options to better serve its customers..
- July 26, 2024
Economics
Banks Discuss Sovereign Bond Repayment in Rupees Amid Exchange Rate Concerns
Sri Lankan Banks Discuss Repayment of Sovereign Bonds in Rupees Amid Exchange Rate Concerns Sri Lanka’s domestic banks are in negotiations with the.
- July 26, 2024
Markets
Gold Prices in Sri Lanka on July 26, 2024
As of July 26, 2024, gold prices in Sri Lanka are as follows:
- July 26, 2024
Business
Sri Lanka Reviews 100 Vehicle Import Applications to Boost Tourism
Sri Lanka has received around 100 applications for permits to import vehicles to support the tourism industry, according to Somarathne Vidanapathirana, Secretary of.
- July 26, 2024
Business
Central Bank Lowers SDFR and SLFR by 25 Basis Points
The Monetary Policy Board of the Central Bank of Sri Lanka has announced a reduction in both the Standing Deposit Facility Rate (SDFR).
- July 25, 2024
Economics
CEB Cuts Tariffs Due to Lower Generation Costs, IPP Payments Unaffected
Fitch Ratings-Colombo/Singapore-25 July 2024: Despite a 22.5% tariff cut effective from 16 July 2024, Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will remain.
- July 25, 2024
Economics
Bakery Owners Anticipate Bread Price Reduction Announcement
The All Ceylon Bakery Owners’ Association (ACBOA) is set to announce a potential reduction in the price of bread tomorrow (26th). The association’s.
- July 25, 2024