Business

SLID to Host Inaugural International Director Conference on 29th October 2024

The Sri Lanka Institute of Directors (SLID) is gearing up to host its first-ever International Director Conference on 29th October 2024 at the.

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Finance

Sri Lanka Banking System Repays Debt and Builds FX Reserves of US$7.4 Billion Since Default

Since Sri Lanka’s selective default in April 2022, the country’s banking system, including the central bank and commercial banks, has repaid or built.

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Finance

Sri Lanka’s Financial System Set for Recovery Amid Asset Quality Gains and Stronger Capital Buffers

Sri Lanka’s financial system is on the path to recovery, with expectations of improved asset quality and strengthened capital buffers, according to the.

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Markets

Current Gold Prices in Sri Lanka (October 11, 2024)

As of October 11, 2024, the gold prices in Sri Lanka are as follows: For those looking to invest in gold, 1 gram.

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Economics

Tax Evasion Costs Sri Lanka Rs.80 Billion in 2023, IPS Study Finds

A recent study by the Institute of Policy Studies (IPS) reveals that the Sri Lankan government lost an alarming Rs.80 billion in tax.

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Economics

11,000 Acres from Kantale Sugar Company Allocated for Crop Cultivation

President Anura Kumara Dissanayake has instructed officials to allocate 11,000 acres of land owned by the Kantale Sugar Company to farmers for short-term.

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Business

Cinnamon Air Unveils New Flights Connecting Cultural Triangle with South Coast

Cinnamon Air has announced the introduction of two daily scheduled flights connecting Kandy and Sigiriya with the South Coast destinations of Koggala and.

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Real Estate

ComBank and Capital Trust Properties Partner to Simplify Homeownership

The Commercial Bank of Ceylon has partnered with Capital Trust Properties, a leading real estate brokerage firm, to provide enhanced home-buying opportunities for.

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Economics

Sri Lanka-Canada Business Council Prepares for Mission to Strengthen Trade Ties

The Sri Lanka-Canada Business Council (SLCBC) held a crucial briefing with Prime Minister Dr. Harini Amarasuriya on October 10, 2024, in Colombo, as.

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Forex Market

Sri Lankan Rupee Slightly Stronger at 292.85 to Dollar, Bond Yields Steady

Sri Lanka’s rupee strengthened slightly on Thursday, closing at 292.85/293.00 to the US dollar, improving from the previous day’s rate of 293.00/20, according.

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