Category: Sri Lanka News
-
Why Sri Lanka’s Colombo Stock Exchange All-Share Index (ASI) Is Reducing: Local and International Factors, and Alternative Investment Opportunities
In recent months, the Colombo Stock Exchange (CSE) has seen a significant decline in its All-Share Index (ASI). Investors have been concerned by the drop in stock prices, and many are looking for answers to the factors causing this downturn. While stock market fluctuations are a natural part of any economy, the ongoing reduction in…
-
Unveiling the 2025 Perodua Models: Price and Availability in Sri Lanka
Perodua, a leading Malaysian automobile manufacturer, is renowned for its focus on producing compact, reliable, and affordable vehicles designed to meet the diverse needs of urban and family-oriented drivers. The brand specializes in crafting cars that are fuel-efficient, easy to maintain, and feature user-friendly technology, making them ideal for both first-time car buyers and seasoned…
-
Why the Bank and Finance Sector is Performing Well on the Colombo Stock Exchange (CSE) – A Data-Driven Insight
The Bank and Finance sector on the Colombo Stock Exchange (CSE) has been showing strong performance recently, with several economic and financial factors driving investor confidence. Several key numbers and indicators highlight the sector’s growth, reflecting the positive impact of Sri Lanka’s ongoing economic recovery and market conditions. Stabilization of Macroeconomic Conditions Sri Lanka’s…
-
Colombo Stock Exchange Performance on January 30, 2025: Key Indicators for Future Investment
The Colombo Stock Exchange (CSE) saw mixed performance on January 30, 2025, as Sri Lanka’s market continues to navigate a challenging economic landscape. Investors are keeping a keen eye on both local and global indicators as the country works to stabilize its financial situation and encourage sustainable growth. Despite various hurdles, opportunities remain for those…
-
Sri Lanka’s New Regulations on Vehicle Imports: What You Need to Know
In recent months, Sri Lanka has introduced a set of new regulations aimed at controlling vehicle imports, with a focus on economic sustainability, environmental concerns, and road safety. These regulations come as part of broader efforts to stabilize the country’s economy, reduce foreign exchange outflows, and manage the ever-increasing number of vehicles on the roads.…
-
National Fuel Quota to be increase from 4th April 2023
Government has announced that the National Fuel quota (Pass) has been increase for the new year festive season the below increment will effective from today onwards. National Fuel quota increased as below. Vehicle Category Present allocation per week proposed allocation per week Three wheels (Special) 10 L 15 L Three wheels (General) 5 L 10…
-
Gas prices as at today in Sri Lanka
Litro Gas and Laughs Gas announces that they have reduce the Gas prices effective from today midnight. The New Prices and the reduction value as below Litro Gas Price as Today Cylinder Capacity Old price New Price Reduction 12.5kg LP Gas Cylinder 4743 3738 1005 5kg LP Gas Cylinder 1904 1502 402 2.3 Kgs Gas…
-
Wild Elephant Census in Sri lanka to be held in 2023
Most of us, having a question how elephants are in Sri lanka? as per now the official information available date 2011 which is 5,879 elephants. but unofficial counts said there are about 7,000 Elephants in 2019. Ministry of Agriculture, Wildlife and forest conservation said it has been decided to conduct a survey on wild elephants…
-
Kreate Design Singapore Invest 1 Billion in Lotus Tower
Kreate Design (pvt) ltd of Singapore along with global investor are looking forward to invest USD 1 Billion in Lotus Tower in next 3 years. The company mainly focus on full-fledged casino and an entertainment area including water sports. The MoU have singed recently in Colombo Sri Lanka, the company have already paid USD 56…
-
Lunugamwehera National Park renamed as Yala National Park Zone VI
On 25th November 2022, Minister of Wildlife and Forest Conservation unveiled the name board of Lunugamwehera National Park as Zone VI of the Yala National Park. Lunugamwehera National Park Consists of 27,185.85 Hectares and this park is rich in biodiversity and major elephant migration route between Yala to Udawalawe National Park. Therefore 1,260 Square kilometer…