Sri Lanka Rupee Weakens, Stocks Rise; Bond Yields Dip
Sri Lanka’s rupee started weaker against the US dollar, opening at 305.40/60 on Thursday, with bond yields experiencing a decline and stocks initiating.
Markets
Economics
Sri Lanka’s Export Performance in May 2024: Mixed Results with Overall Decline
In May 2024, Sri Lanka’s merchandise exports dropped by 5.81% compared to the same month last year, totaling 960.2 million dollars, according to.
- June 27, 2024
Economics
Sri Lanka’s coconut prices continued to rise in June
This data suggests a positive trend for Sri Lanka’s coconut industry. It would be helpful to monitor future trends to see if this.
- June 17, 2024
Economics
Tourism
Sri Lanka Tourism Sees Early June Boost, But Target Uncertain
Sri Lanka’s tourism industry shows positive signs in early June: Challenges Remain: Overall 2024 Target: Additional Notes: Sri Lanka’s tourism industry has shown.
- June 17, 2024
Tech
Sri Lanka’s Solar-Powered EV Project Wins Innovation Award
Sri Lanka’s USAID-funded Sri Lanka Energy Project (SLEP) has been recognized for its innovative approach to clean energy and economic development. Here’s a.
- June 17, 2024
Monetary Policy
Sri Lanka to Revamp Tax System in IMF Deal
Sri Lanka agreed to a revised deal with the IMF that includes significant tax changes: These changes are expected to be approved by.
- June 14, 2024
Business
Sri Lanka Summit Tackles Human Trafficking and Modern Slavery
The 1st ever Sri Lanka Summit on the Bali Process brought together governments and businesses to fight human trafficking and modern slavery. Key.
- June 14, 2024
Business
Economics
Sri Lanka Tea Production Down Despite May Increase
Sri Lanka’s tea production shows a mixed picture: Overall, YTD production is lower across all elevations compared to 2023. Key Takeaways:
- June 14, 2024
Education and Career
Sri Lanka Launches Free Digital Learning Platform: publiclearn.lk
Sri Lanka is taking a major step towards improving accessibility of education with the launch of a new digital platform, publiclearn.lk. President Ranil.
- June 13, 2024
Business
Entrepreneurship
Sri Lanka’s Green Entrepreneurship for Mangroves Program Gains Momentum
President Ranil Wickremesinghe received an update on the progress of the Green Entrepreneurship for Mangroves Program. This ambitious initiative aims to develop over.
- June 13, 2024