Marking a key milestone in Sri Lanka’s external debt restructuring process, the Governments of Sri Lanka and France have officially signed the Implementation Letters related to their bilateral debt …
Kalkudah, Sri Lanka: Beauty and the beach
THE STORY OF SRI LANKA’S Kalkudah Beach House begins as almost all home-buying stories do: with someone falling in love with a place and imagining a forever life in it. Read more at The Business Times …
Sri Lanka orders Singaporean firm to pay US$1bil over marine disaster
The Sri Lankan government also filed a lawsuit against the ship’s owners in the Singapore International Commercial Court, claiming unspecified damages. That case has been put on hold pending a …
Bangladesh central bank honours Sri Lankan bank for foiling 2016 cyber heist
Bangladesh’s central bank (Bangladesh Bank) hosted a special award ceremony at its headquarters in Motijheel on 17 July, to formally recognise officials from Sri Lanka’s Pan Asia Banking Corporation …
As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research
Following huge protests in 2022 and the resignation of the president, Sri Lanka began a major political and economic shift. It secured a bailout from the International Monetary Fu …
As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research
Following huge protests in 2022 and the resignation of the president, Sri Lanka began a major political and economic shift. It secured a bailout from the International Monetary Fu …
Sri Lanka to procure US West Texas Intermediate crude oil?
The government is reportedly looking at the possibility of procuring US West Texas Intermediate (WTI) crude oil in a bid to reduce the trade deficit between Sri Lanka and the United States …
Sri Lanka Considers US Crude Oil Imports
The Sri Lankan government is exploring the possibility of importing US West Texas Intermediate (WTI) crude oil as part of ongoing efforts to narrow the trade deficit with the United States and seek …
UNDP urges Sri Lanka to view nature as economic capital
The United Nations Development Programme (UNDP) yesterday called on Sri Lanka to treat nature as vital economic capital and prioritise integrated, sustainable approaches to tourism and climate finance …
Real estate stocks power Sri Lanka shares higher
Sri Lankan shares closed higher on Monday, boosted by gains in real estate stocks. The CSE All-Share index settled up 0.37% at 19044.08. Official data published after close showed Sri Lanka’s consumer …