PUCSL Approves 22.5% Electricity Tariff Reduction
The Public Utilities Commission of Sri Lanka (PUCSL) has approved a 22.5% reduction in electricity tariffs, effective from midnight on the 15th. PUCSL.
Economics
Insurance
Sri Lanka Introduces Insurance Scheme for Schoolboy Rugby Players
Sri Lanka’s Ministry of Sports, led by Minister Harin Fernando, has launched a historic insurance scheme for schoolboy rugby players under 16 and.
- July 15, 2024
Industry Analysis
NDB Recognized as ‘Technology Resilient Company of the Year’ at Digital Trust Awards
The Sri Lanka Chapter of ISACA introduced the ‘Digital Trust Award’ to honor organizations excelling in Information Security, with NDB clinching the top.
- July 15, 2024
Economics
WindForce and Vidullanka Invest Rs. 370 Million More into Solar Energy
WindForce PLC and Vidullanka PLC have entered into a definitive share sale and purchase agreement with Hi-Energy Services Ltd. on 11th July to.
- July 15, 2024
Investing
Bingiriya Investment Zone to Generate $2.6 Billion in Export Income
The completion of the Bingiriya Investment Zone is projected to generate $2.6 billion in export income and create 75,000 job opportunities, stated President.
- July 15, 2024
Economics
EU to Boost Ceylon Cinnamon Exports to Premium Markets
The European Union (EU) plans to leverage the expertise of the International Finance Corporation (IFC) to promote Ceylon cinnamon exports to higher-value markets,.
- July 15, 2024
Markets
Current Gold Prices in Sri Lanka – 15th July 2024
As of 15th July 2024, the gold prices in Sri Lanka are as follows:
- July 15, 2024
Economics
Third Duty-Free Operator Considering Sri Lanka’s Port City Colombo
A third international duty-free operator is considering entering Sri Lanka’s Port City Colombo, following the recent cabinet approval for two operators to establish.
- July 15, 2024
Markets
Sri Lanka’s Central Bank Sells $57 Million in Forex Markets in June
In June 2024, Sri Lanka’s central bank was a net seller in the foreign exchange market, selling $57 million to banks without purchasing.
- July 15, 2024
Economics
Sri Lanka to Provide Land for 176,000 Families in Plantation Areas
Sri Lanka’s cabinet has approved a law to establish village communities for descendants of former plantation workers, providing land and housing. President Ranil.
- July 15, 2024