ECONOMYNEXT – Sri Lanka stocks gained 0.12 percent on Friday on thin volumes and low foreign participation, while the rupee gained marginally against the US dollar, brokers and dealers said. The US dollar closed at 153.65/75 rupees in the spot market, compared to the previous day’s close of …
The Embassy said in a statement that the Ministry of Interior of Kuwait has declared an amnesty period from January 29 to February 22 for expatriates who do not possess residency permits or those with expired residency permits, to rectify their status …
Winning is a habit and it keeps a team healthy, especially when there is a change in the hierarchy. Chandika Hathurusingha, the Sri Lankan coach, started his regime with defeats to Zimbabwe and Bangladesh. However, the final at Sher-e-Bangla National S…
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COLOMBO, Jan 26 (Reuters) – The Sri Lankan rupee ended slightly firmer on Friday, further moving away from a record low hit earlier this week, as banks and exporters sold dollars in dull trade, dealers said. The spot rupee , which traded at 153.70 per …
COLOMBO, Jan 26 (Reuters) – The Sri Lankan rupee ended slightly firmer on Friday, further moving away from a record low hit earlier this week, as banks and exporters sold dollars in dull trade, dealers said. The spot rupee, which traded at 153.70 per d…
Sri Lankan mobile money and payment service eZ Cash has launched the Quick Response (QR) code feature on its eZ Cash app. Customers can now “Scan to Pay” and “Scan to Transfer” via smartphone. eZ Cash services are now available to over 16 million mobil…
COLOMBO, Jan 26 (Reuters) – Sri Lankan shares rose for a third straight session to hit a two-week closing high on Friday, led by telecom shares, but trading was dull as investors waited for direction amid political concerns over local-government electi…
SriLankan Airlines is currently fully owned by the government. The government has recently successfully negotiated a USD200 million funding facility with Credit Suisse for the financially struggling carrier. The funding entailed a long-term credit faci…
India was the number one source for international tourists to Sri Lanka in 2016, a position that the nation has held for the past 10 years and more. With that result, it means Indian arrivals accounted for 15% of international visitors to Sri Lanka in 2016. On the other hand, Sri Lanka was India’s sixth largest …