Business

The price of a pound of 22-carat gold in Sri Lanka has risen to Rs. 235,500 today, according to traders, after the prices surged past the significant USD 3,200 per ounce mark for the first time in the world market.

President Kumara Dissanayake reportedly told the political party representatives yesterday that the U.S. tariffs slapped on Sri Lanka is a national calamity in economic terms similar to the tsunami disaster and the Covid-19 pandemic, and it should be dealt with through a national approach.

The All Share Price Index (ASPI) recorded its highest ever daily gain, surging by 704.88 points to close at 15,580.83, reflecting a 4.74 percentage increase.

The Department of Immigration and Emigration announced that tokens for the one-day and normal passport services will be issued only till 12 noon on April 15, 16 and 17.

Sri Lanka Police has launched a pilot project to enable motorists to pay traffic fines online, in a move aimed at streamlining the payment process and promoting digital governance.

The Sri Lankan rupee has declined against the US dollar today (10), with the spot exchange rate surpassing the Rs. 300 mark for the first time since September 27, 2024.

The pilot project to introduce card payment options on expressways is set to be launched this week, the Ministry of Transport and Highways announced.

The national minimum monthly wage in the private sector will be increased to Rs. 27,000 this year, according to the budget proposals, the Ministry of Labour announced.

The current government has decided to reverse the previous administration’s decision to privatize the airline, the President’s Media Division said.

A tense situation was reported at a privately-owned apparel factory in Udukawa, Weligama last night (April 8), after employees staged a protest against the management’s decision to withhold the Sinhala and Tamil New Year bonus.