Government Grapples to Settle Billions in Construction Contractors Dues amid Economic Pressures
- CNL Reporter
- November 11, 2024
- Banking and Financial
- Construction, Economic, Government
- 0 Comments
Behind the News
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Sri Lanka’s remittance inflow at US $587.7 million in October 2024
- CNL Reporter
- November 9, 2024
- Banking and Financial
- Sri Lanka’s remittance
- 0 Comments
Sri Lanka has recorded an 11.7% increase in workers’ remittances from January to October 2024 compared to the same period in 2023, according to latest figures released by the Central Bank of Sri Lanka (CBSL).
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Sri Lankan tea sale averages slide in October 2024
- CNL Reporter
- November 9, 2024
- Business News
- Sri Lankan tea
- 0 Comments
Sri Lanka’s national tea sales average for October declined to Rs. 1,172.15 (US$ 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
- CNL Reporter
- November 9, 2024
- Travel and Tourism
- November, tourist arrivals
- 0 Comments
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
- CNL Reporter
- November 9, 2024
- Investment
- Korea, solid waste
- 0 Comments
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
- CNL Reporter
- November 9, 2024
- Business News
- 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
- CNL Reporter
- November 8, 2024
- Business News
- Dialog Axiata
- 0 Comments
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
- CNL Reporter
- November 8, 2024
- Constructions
- Chinese companies
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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
- CNL Reporter
- November 8, 2024
- Business News
- dollar, Sri Lanka rupee
- 0 Comments
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
- CNL Reporter
- November 8, 2024
- Business News
- October tea sale averages slide
- 0 Comments
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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