Markets

Current Gold Prices in Sri Lanka as of July 1, 2024

As of July 1, 2024, the price of 22 carat gold in Sri Lanka is as follows: For 24 carat gold: These rates.

  • July 1, 2024
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Economics

DFCC Bank Launches Rs. 500 Million Fund to Boost Smallholder Dairy Farmers

DFCC Bank has announced a significant initiative to strengthen Sri Lanka’s dairy industry by allocating Rs. 500 million to finance smallholder dairy farmers..

  • July 1, 2024
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Economics

Immediate Fuel Price Reductions Announced by CPC

The Ceylon Petroleum Corporation (CPC) has announced an immediate reduction in fuel prices. The new prices are as follows: There are no changes.

  • July 1, 2024
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Tourism

Sri Lanka Reaches 1 Million Tourist Arrivals for 2024

Sri Lanka has achieved a significant milestone by welcoming its one millionth tourist arrival for 2024. The Sri Lanka Tourism Promotion Bureau (SLTPB),.

  • July 1, 2024
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Finance

Sri Lanka Achieves Milestone in Debt Restructuring with IMF Support

The International Monetary Fund (IMF) announced that it welcomes Sri Lanka’s finalization of debt restructuring agreements with major creditor nations, marking a significant.

  • June 28, 2024
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Economics

Sri Lanka to Revise High Renewable Feed-In Tariffs After Competitive Tenders

Sri Lanka will reduce the high feed-in tariffs offered to renewable energy developers following low prices from a 50 MW tender for a.

  • June 28, 2024
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Industry Analysis

Dialog Axiata Completes Acquisition of Airtel Lanka and Begins Amalgamation

Dialog Axiata PLC, Axiata Group Berhad, and Bharti Airtel Ltd. have finalized a share sale transaction, with Dialog acquiring 100% of the issued.

  • June 28, 2024
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Economics

Sri Lanka Imposes New Trade Controls on Metal Scrap Exports

Sri Lanka is set to enforce new trade regulations that will make exporting metal scrap illegal without a proper licensing system, according to.

  • June 28, 2024
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Education and Career

Sri Lanka Mulls Essential Service Status for Teaching

Sri Lanka’s President Ranil Wickremesinghe has indicated plans to designate teaching as an essential service to safeguard children’s education, emphasizing the necessity for.

  • June 27, 2024
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