Tourism

Tourist Arrivals in Sri Lanka Exceed 100,000 in July

Sri Lanka has welcomed over 100,000 tourists in July up to the 18th, according to the Sri Lanka Tourism Development Authority. The year-to-date.

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Industry Analysis

Commercial Bank Wins Two Golds at IDB Green Awards 2024

The Commercial Bank of Ceylon achieved remarkable success at the IDB Green Industry Awards 2024, securing two Gold awards and one Bronze. The.

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Tourism

Sri Lanka’s Foreign Exchange Earnings Reach $4.5 Billion by June 2024

Sri Lanka’s foreign exchange earnings from workers’ remittances and tourism have exceeded USD 4.5 billion by mid-2024. Workers’ remittances reached USD 2,822.6 million.

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Business

Sri Lanka to Introduce New Insolvency Bill for MSMEs

President Ranil Wickremesinghe has announced that a new bill will be introduced to address business bankruptcies, as it is not feasible to indefinitely.

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Educational Opportunities

Sri Lanka to Streamline Post-School Education and Revamp NVQ System

At the Sri Lanka Human Capital Summit 2024 held on July 18 at Temple Trees, President Ranil Wickremesinghe highlighted the need for significant.

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Economics

Sri Lanka, Japan Discuss Carbon Reduction Funding

Sri Lanka and Japan have discussed new funding strategies to reduce carbon emissions and revive halted projects during a meeting with President Ranil.

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Business

Sri Lanka Coconut Prices Hit 17-Month High

Sri Lanka’s average coconut prices climbed 2.3 percent, rising from 82,616 rupees to 84,592 rupees per 1,000 nuts at an auction on July.

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Markets

Gold Prices in Sri Lanka as of July 22, 2024

As of July 22, 2024, gold prices in Sri Lanka are as follows: Gold Prices by Unit:

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Economics

Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget

Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57.

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Economics

Indian Expert Urges Sri Lanka to Explore Bran Oil Production from Paddy Seeds

Sri Lanka should explore the production of bran oil from paddy seeds and husks, similar to practices in India, according to Dr. B..

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