Dec 31, 2024 · ECONOMYNEXT – Sri Lanka stocks rose 49 percent measured by the Colombo All Share Index in 2024 as the economy recovered from a currency crisis, companies posted higher nominal profits and costs and interest rates fell amid deflationary policy.

2 days ago · Sri Lanka news, Sri Lanka economy, Sri Lanka business news, Sri Lanka stocks, dollar rupee latest updates from EconomyNext

Dec 23, 2024 · ECONOMYNEXT – The Colombo Stock Exchange closed down on Wednesday after some volatility, data on its site showed. The broader ASPI closed down 0.02 percent, or 2.68 points, at 17,117.18; while the more liquid S&P SL20 Index closed down 0.65 percent, or 33.54 points, at 5,126.31.

Dec 7, 2024 · ECONOMYNEXT – Sri Lanka will obtain 100 million dollars from the World Bank for climate-smart agriculture projects, with technical support from the International Finance Corporation, Health and Media Minister Nalinda Jayatissa said.

Jan 4, 2025 · ECONOMYNEXT – Sri Lanka’s rupee depreciated to close at 299.60/75 to the US dollar in the spot market Monday, from Friday’s close of 297.80/298.20, dealers said, while bond yields were up.

Jan 21, 2025 · ECONOMYNEXT – Sri Lanka’s President Anura Dissanayake has met World Bank Vice President for South Asia Martin Raiser to secure financial and technical support for several sectors. Dissanayake met World Bank VP Martin Raiser to secure financial and technical support for key initiatives: youth ...

Jan 3, 2025 · Sri Lanka continued to record a surplus in the current account in the third quarter of 2024, central bank data show as new borrowings were halted by bilateral lenders and debt repayments continue to multilateral lenders and foreign reserves were built.

Oct 22, 2024 · ECONOMYNEXT – The Export Development Board (EDB), supported by the International Finance Corporation (IFC) and the European Union (EU), has started a program to enhance the export capabilities of local SMEs, called …

Jan 7, 2025 · ECONOMYNEXT – Sri Lanka has a foreign reserve target of 7.0 billion US dollars in 2025, under an International Monetary Fund program, and ended the 2024 with 6.1 billion dollars, Central Bank Governor Nandalal Weersinghe has said. Sri Lanka had a (gross) reserve target of around 5.6 billion US ...

Jan 6, 2025 · Mandatory sustainability reporting is rapidly becoming a global norm. KPMG’s 2024 Survey reveals that many companies are already aligning practices, conducting double materiality assessments, and voluntarily meeting disclosure requirements.