Economy

Second Treasury Bill Auction for the Month Set for Tomorrow

Second Treasury Bill Auction for the Month Set for Tomorrow

Second Treasury Bill Auction for the Month Set for Tomorrow

By The Morning Telegraph October 7, 2024

The upcoming treasury bill auction, set to take place tomorrow, marks the second such auction held by...

Agriculture Ministry Warns: Egg Price Drop Could Threaten Industry Stability

Agriculture Ministry Warns: Egg Price Drop Could Threaten Industry Stability

Agriculture Ministry Warns: Egg Price Drop Could Threaten Industry Stability

By The Morning Telegraph October 6, 2024

COLOMBO, Sri Lanka — The Ministry of Agriculture has expressed concerns over a potential decline in egg...

Business Confidence in President Boosts Colombo Stock Market

Business Confidence in President Boosts Colombo Stock Market

Business Confidence in President Boosts Colombo Stock Market

By The Morning Telegraph October 6, 2024

Professor Wasantha Athukorala of Peradeniya University’s Department of Economics and Statistical Studies has highlighted the significant rise...

Sri Lanka’s Tourism Revenue Grows 18.9% in September

Sri Lanka’s Tourism Revenue Grows 18.9% in September

Sri Lanka’s Tourism Revenue Grows 18.9% in September

By The Morning Telegraph October 5, 2024

Colombo, October 5, 2024 — Sri Lanka’s foreign exchange revenue from tourism rose to $181 million in...

IMF to Announce Decision on Sri Lanka’s Third Loan Tranche After Key Talks

IMF to Announce Decision on Sri Lanka’s Third Loan Tranche After Key Talks

IMF to Announce Decision on Sri Lanka’s Third Loan Tranche After Key Talks

By The Morning Telegraph October 4, 2024

The International Monetary Fund (IMF) is expected to announce its decision regarding the third installment of Sri...

Ministry to Investigate Why Prices Haven’t Dropped Despite Stronger Rupee

Ministry to Investigate Why Prices Haven't Dropped Despite Stronger Rupee

Ministry to Investigate Why Prices Haven’t Dropped Despite Stronger Rupee

By The Morning Telegraph October 4, 2024

The Ministry of Trade and Consumer Protection has announced plans to introduce a new program aimed at...

Government to Resume Vehicle Imports, Dismissing 600% Tax Rumors

Government to Resume Vehicle Imports, Dismissing 600% Tax Rumors

Government to Resume Vehicle Imports, Dismissing 600% Tax Rumors

By The Morning Telegraph October 4, 2024

The government has announced plans to resume vehicle imports starting January, a move welcomed by the Ceylon...

Sri Lanka’s Economic Discussions with IMF Continue Amidst Rising Concerns Sri Lanka's Economic Discussions with IMF Continue Amidst Rising Concerns

Sri Lanka's Economic Discussions with IMF Continue Amidst Rising Concerns

Sri Lanka’s Economic Discussions with IMF Continue Amidst Rising Concerns

By The Morning Telegraph October 4, 2024

On October 4, 2024, President Anura Kumara Dissanayake met with representatives from the International Monetary Fund (IMF)...

Rupee Stability Preferred Over Continued Strengthening, Says Economic Expert

Rupee Stability Preferred Over Continued Strengthening, Says Economic Expert

Rupee Stability Preferred Over Continued Strengthening, Says Economic Expert

By The Morning Telegraph October 4, 2024

Professor Wasantha Athukorala of the Department of Economics and Statistical Studies at Peradeniya University highlighted that the...

Gates Foundation to Support Sri Lanka’s Digitisation Projects: President’s Office

Gates Foundation to Support Sri Lanka’s Digitisation Projects: President’s Office

Gates Foundation to Support Sri Lanka’s Digitisation Projects: President’s Office

By The Morning Telegraph October 3, 2024

The Bill & Melinda Gates Foundation has pledged to provide financial, technical, and advisory assistance for Sri...