Industry Analysis

NDB Collaborates with Sri Lanka Inventors Commission to Boost Innovation

National Development Bank PLC (NDB) has teamed up with the Sri Lanka Inventors Commission (SLIC) for the Sahasak Nimavum Project, a national competition.

  • July 19, 2024
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Entrepreneurship

SPARK 2024 Opens for Entries: Empowering Sri Lankan Youth Entrepreneurs

The SPARK Skilled Youth Entrepreneurship Competition has officially opened applications for its 2024 edition, inviting young individuals aged 15-30 years to participate. The.

  • July 19, 2024
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Economics

Sri Lanka Targets 40% Direct Tax Collection by 2025

Sri Lanka aims to increase direct tax collection to 40 percent by 2025 from the current 30 percent, through expanded tax nets and.

  • July 19, 2024
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Economics

Sri Lanka Unveils Rs 13 Billion Aid Package for MSMEs

President Ranil Wickremesinghe announced a Rs 13 billion financial aid package for micro, small, and medium-scale enterprises (MSMEs) in Sri Lanka. This initiative.

  • July 19, 2024
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Business

Sri Lanka Halts Sale Process of SriLankan Airlines

The Cabinet of Ministers has decided to terminate the current sale process of SriLankan Airlines, according to the State-Owned Enterprises Restructuring Unit. The.

  • July 19, 2024
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Investing

Japanese Investors Eye Tech Support for Sri Lanka’s Maritime & Aviation

Japanese investors have shown a keen interest in introducing Japan’s latest technology into training programs for Sri Lanka’s maritime and aviation sectors. They.

  • July 19, 2024
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Markets

Gold Prices in Sri Lanka on July 19, 2024

As of July 19, 2024, the price for 22 Carat gold in Sri Lanka is Rs. 193,850 for 8 grams (1 pawn). The.

  • July 19, 2024
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Economics

Sri Lanka Human Capital Summit 2024 Tackles Talent Drain

The Sri Lanka Human Capital Summit 2024, held at Temple Trees in Colombo on Thursday, July 18, aims to address the country’s pressing.

  • July 18, 2024
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Stock Market

Sri Lanka Rupee Opens Steady at 303.80/304.10 to USD, Bond Yields Decline

Sri Lanka’s rupee opened flat at 303.80/304.10 to the US dollar on Thursday, maintaining the same level as the previous day’s close of.

  • July 18, 2024
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