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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Korea extends $ 10.2 m grant for integrated solid waste management project
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5opn1
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November 9, 2024
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Investment
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Korea, solid waste
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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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5opn1
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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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Sri Lanka rupee opens weaker at 292.68/75 to dollar, bond yields down
Sri Lanka’s rupee opened at 292.68/75 to the US dollar Friday, dealers said, from 292.55/65 Thursday, while bond yields were considerably down.
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October tea sale averages slide
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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India- Russia joint venture bid to manage China-built Mattala airport goes awry
– Sri Lankan authorities not ready to grant licence for it over legal barriers, states top source – New government to decide on alternative model for development of the Airport only after General Election
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Top banker Kavinda de Zoysa appointed new Chairman of Bank of Ceylon
The Bank of Ceylon (BOC) has announced the appointment of Kavinda de Zoysa as its new Chairman. With over 30 years of experience in the banking industry, including 25 years in management, de Zoysa brings extensive leadership expertise and a strategic vision to the role.
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