Friday, November 22, 2024
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Economic

Sri Lanka’s tea exports in October have increased by 14% year-on-year (YoY) whilst value-wise, the growth was subdued.

Economic

2024 ඔක්තෝබර් මාසය තුළ ලැබී ඇති විදෙස් ප්‍රේෂණ ප්‍රමාණය අමෙරිකානු ඩොලර් මිලියන 587.7ක් බව ශ්‍රී ලංකා මහ බැංකුව සදහන් කරයි.

Economic
  • Says OMOs is routine central banking function aimed at managing adequate liquidity in banking system for purpose of stabilising short-term interest rates and ensuring price stability, hence should not be grossly misinterpreted as “money printing”

The Central Bank of Sri Lanka (CBSL) this week said the media has misinterpreted the auctions and monetary operations conducted by the CBSL as a part of its regular Open Market Operations (OMOs).

Economic
  • October tea production down by 8.05% YoY to 21.14 m kilos
  • Production falls at all elevation levels compared to October 2023
  • Jan.-Oct. crop improves by mere 0.54% to 196.21 m kilos

Sri Lanka’s tea crop in October has seen a drop in volumes, although cumulative production during the first 10 months has seen a marginal increase. 

Economic

Sri Lanka welcomed the inaugural Azur Air seasonal flight from Russia at Bandaranaike International Airport (BIA) yesterday, marking a boost to the to

Economic
  • Transfers of Dr. T. Senthilverl’s strategic blocks 14% of Harischandra Mills and 10.7% of Swadeshi Industrial Works figure in key trading

The Colombo stock market yesterday saw its turnover reach an 8-month high as investor sentiment remained positive.

Economic
  • First 17 days of Nov. welcomes 103,315 tourists, pushing YTD to 1.72 m
  • India, Russia, and Germany emerge as top contributing markets so far in Nov. 

Sri Lanka’s tourism sector has reached a significant milestone, surpassing 1.7 million arrivals so far for 2024 with over 100,000 visitors welcomed during the first 17 days of November, signalling a strong momentum as the year-end holiday season approaches.

Economic

ලංකා සතොස ආයතනය අත්‍යවශ්‍ය පාරිභෝගික භාණ්ඩ කිහිපයක මිල පහළ දැමීමට තීරණය කර ඇත.

Economic

ජනාධිපති ලේකම් ආචාර්ය නන්දික සනත් කුමානායක මහතා සහ පෝට් සිටි කලම්බෝ සමාගමේ (port city colombo private limited ) කළමණාකාර අධ්‍යක්ෂ ෂියොන්ග් හොංෆෙන්ග් (xiong Hongfeng) මහතා අතර හමුවක් ජනාධිපති ලේකම් කාර්යාලයේදී අද (28) පස්වරුවේ පැවැත්විණි.

Economic

The Embassy and Permanent Mission of Sri Lanka in Thailand, in collaboration with the Sri Lanka Export Development Board (EDB), organised Sri Lanka’s participation at the Thailand Smart City Expo 2024, held from 6-8 November in Bangkok. 

Economic

President Anura Kumara Dissanayake has appointed Dr Hans Wijayasuriya as the Chief Advisor to the President on Digital Economy. President Dissanayake has espoused and reiterated a bold vision and personal commitment to elevate Sri Lanka’s digital economy to a level on par with the most advanced nations in the region, envisaging acceleration of economic growth, national competitiveness and delivery of tangible benefits to all citizens.

Economic

The recent courtesy visit by The Colombo Plan to the Transport, Highways, Ports and Civil Aviation Ministry Secretary K.D.S. Ruwanchandra and the management of the Sri Lanka Ports Authority (SLPA) represents a significant step in strengthening collaboration and updating attendees on recent developments and initiatives under the Maritime Advisory Program (MAP).

Economic

Earnings from tourism crossed the $ 2.5 billion mark by end October, reflecting a high 59% Year-on-Year (YoY) increase, though down by 28% from the best performing benchmark year of 2018.

Economic

Sri Lanka has reached a significant milestone, surpassing 1.6 million tourist arrivals for the year, with over 117,000 visitors registered in the first 27 days of October.

Economic

වාහන ආනයනය සම්බන්ධයෙන් යම් ක්‍රමවේදයකට යටත්ව ඉඩ ලබා දීමට රජය පියවර ගෙන ඇති බව කැබිනට් ප්‍රකාශක අමාත්‍ය විජිත හේරත් පවසයි.

Economic

සුළු හා මධ්‍ය පරිමාණ කර්මාන්තකරුවන් විසින් බැංකුවලින් ලබා ගත් ණය සම්බන්ධ වාර්තාවක් සකස් කිරීමට තීරණය කෙරේ

Economic

කොළඹ පාරිභෝගික මිල දර්ශකයෙහි (කො.පා.මි.ද., 2021=100) වාර්ෂික ලක්ෂ්‍යමය වෙනස මගින් මනිනු ලබන මතුපිට උද්ධමනය, 2024 අගෝස්තු මාසයේ දී වාර්තා වූ 0.5% හි සිට 2024 සැප්තැම්බර් මාසයේ දී -0.5% ක් දක්වා පහළ ගොස් ඇති බව ජනලේඛන හා සංඛ්‍යාලේඛන දෙපාර්තමේන්තුව පවසයි.

Economic

Sri Lankan High Commissioner in London Rohitha Bogollagama met with Fortnum & Mason (F&M) CEO Tom Athron, and F&M Tea and coffee buyer Ottilie Cunningham, who recently visited Sri Lanka to source high quality Ceylon Tea.