Sri Lanka’s rupee depreciated to close at 292.86/95 to the US dollar in the spot market Tuesday, weaker from 299.25/40 Monday, dealers said, while bond yields were broadly steady.
Spot US dollar 299.50/80 Sri Lanka rupees, bond yields flat
Sri Lanka’s rupee opened at 299.50/80 to the US dollar in the spot market Tuesday, from 298.85/299.25 Monday, dealers said, while bond yields were broadly steady.
Sri Lanka-China Friendship Association expresses concerns over new US tariffs on China
The Sri Lanka-China Friendship Association (SLCFA) in a statement said it is deeply concerned about the heavy tariffs recently introduced by the US on Chinese goods. ..
Sri Lanka eyes green economy transition but funding gaps hinder progress
Environment Ministry Secretary K.R. Uduwawala recently declared that Sri Lanka’s transition to a green economy is steadily gaining momentum, but lacks adequate sustainable finance to deliver on its …
Resetting trade ties: 90-day roadmap to resolve US-Sri Lanka tariff imbalances
Recent concerns over Sri Lanka’s alleged imposition of cumulative taxes and trade barriers—reportedly amounting to 88% on US goods, particularly automobiles, alcohol, and electronics—have reignited …
Sri Lanka SEC cautions Wealthy Minds Academy over social media posts
The Securities and Exchange Commission of Sri Lanka said it had cautioned a firm called Wealthy Minds Academy (Private) Limited and two directors of ‘reckless conduct’ over social media.
Gunman fires at Sri Lanka church ahead of Easter bombings anniversary
“Initial investigations suggest that the suspect had targeted the church due to a personal enmity with the pastor,” police say.
Sri Lanka’s women-run hotel breaks down barriers
The hotel, on the shores of Lake Kandalama in the green hills of central Sri Lanka, opened in January with a unique selling point — its staff are exclusively women.
Sri Lanka shelves naval drill with Pakistan off Trincomalee as India flags concerns
The proposed drills, which were part of the routine military engagements between Pakistan and Sri Lanka, were called off following New Delhi’s intervention, sources said.
India’s concerns lead to cancellation of Pakistan-Sri Lanka naval drills off Trincomalee
India has been focusing on extending assistance to Sri Lanka in developing Trincomalee’s energy infrastructure. India is especially looking at revitalising the oil tank farms in Trincomalee that has …