Gold Prices Soar Past $5,000 Driven by Central Bank and Speculative Demand
On Monday, gold prices surged to over $5,000 per ounce, driven by speculative demand amid uncertainty surrounding erratic U.S. policy,…
Author: Sienna De Silva
DIMO Healthcare Introduces Cutting-Edge ZEISS Ophthalmology Technologies at Ninewells Eye
Ninewells Hospital has inaugurated Ninewells Eye, a cutting-edge eye clinic designed to improve access to advanced ophthalmic care. The clinic…
IFC Pledges $166 Million in Financial Support to Sri Lanka’s NDB, NTB, and Combank
International Finance Corporation (IFC), a member of the World Bank Group, has announced a financial package totaling USD 166 million…
IFC Commits $166 Million to Bolster Sri Lankan Enterprises and Propel Economic Growth
The International Finance Corporation (IFC), a member of the World Bank Group, has announced a significant investment program of $166…
Sri Lanka Enhances Protectionism in Coconut Foreign Direct Investment
Sri Lanka has taken measures to prevent several multinational companies from establishing industries using coconut husks, aiming to protect local…
Think Tank Urges Sri Lanka to Harmonize SME Support with Banking Stability
FINANCIAL CHRONICLE – A prominent think tank has warned that calls for government intervention in credit enforcement could destabilize Sri…
Sri Lanka Unveils Ambitious Vision as ‘Next Dubai’ with Tax Incentives to Woo UAE Investors
Sri Lanka is extending tax holidays of up to 15 years and positioning Colombo Port City as a burgeoning financial…
Port City Colombo Launches into Active Development with Inauguration of First Residential Project
Sri Lanka’s most ambitious urban development initiative has achieved a significant milestone with the commencement of construction on the first…
Sri Lanka’s Unfulfilled Battery Tariff Promises Waste Renewable Energy, Say Solar Firms
Sri Lanka’s solar power companies were assured a battery tariff of 46.80 rupees per unit to be effective in 2025.…
Indian Economist Urges Sri Lankans to Remember Crisis Causes to Avert Future Turmoil
FINANCIAL CHRONICLE – Sri Lankans must remember the factors that led to the economic crisis and its impact on the…