Sri Lanka’s remittance inflow at US $587.7 million in October 2024
Sri Lanka has recorded an 11.7% increase in workers’ remittances from January to October 2024 compared to the same period in 2023, according to latest figures released by the Central Bank of Sri Lanka (CBSL).
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Cyclotron-based Radiopharmaceuticals to be produced in Sri Lanka
Access Medical Tracers (Private) Limited, a special purpose vehicle majority owned by Access Engineering Plc, has won the bid to build, operate and own (BOO) a cyclotron based radiopharmaceutical production facility in Sri Lanka, the company said.
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Sri Lankan tea sale averages slide in October 2024
Sri Lanka’s national tea sales average for October declined to Rs. 1,172.15 (US$ 4.02) per kilogram, down by Rs. 35.84 and US$ 0.02 compared with September’s Rs. 1,207.99 (US$ 4.04), according to data from the Sri Lanka Tea Board.
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Tourist arrivals record a robust start in November with over 30,000 in 5 days
Sri Lanka’s tourism industry is off to a robust start in November, with over 30,000 tourists arriving within the first five days of the month.From 1-5 November, the island nation welcomed 30,620 tourists, marking a 38% increase from the 22,202 arrivals during the same period a year ago.
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Tracking system for Customs declarations and containers goes live
Sri Lanka Customs has announced the launch of its new tracking system for Customs declarations and containers. This initiative is part of Sri Lanka Customs’ ongoing commitment to streamline services and support the efficiency of the nation’s trading ecosystem.
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Korea extends $ 10.2 m grant for integrated solid waste management project
A new project aimed at establishing an integrated solid waste management system in the Uva and Northern Provinces is to be inaugurated. The Cabinet of Ministers on Monday approvedthis project
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Oil Prices Remain Rangebound Despite Dramatic Week
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CNL Reporter
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November 9, 2024
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Business News
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0 Comments
Despite a whirlwind news week that saw Donald Trump regain the U.S. presidency and
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Dialog Axiata Rebounds in Q3, Delivering Growth in Core Revenue and Profitability
Dialog Axiata PLC announced, its consolidated financial results for the nine months ended 30th September 2024. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”).
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Chinese companies to construct nearly 2000 houses in Sri Lanka
Chinese companies have been picked to construct nearly 2000 houses in Sri Lanka for low-income families under a Chinese Government funded program.
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Hambantota International Port records remarkable progress
The Sri Lanka Shippers’ Council, led by its Executive Committee, conducted a comprehensive visitto the Hambantota International Port (HIP) last week, emphasizing its critical role in Sri Lanka’s future economic development.
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