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Tag: Sri Lanka

Posted on January 23, 2025

Build Sri Lanka & GBE Brussels channel EUR 500 Mn project funding

Build Sri Lanka Development Society (BSDS) in association with Global Business Enterprise Brussels, Belgium have relaunched their funding projects in Sri …
Posted on January 23, 2025

Build Sri Lanka & GBE Brussels channel EUR 500 Mn project funding

Build Sri Lanka Development Society (BSDS) in association with Global Business Enterprise Brussels, Belgium have relaunched their funding projects in Sri …
Posted on January 23, 2025

Asia Asset Finance redefines financial innovation with Sri Lanka’s first digital debenture, fully subscribed in a day

Asia Asset Finance PLC (AAF), a trusted financial institution with a 54-year legacy, has made history by launching Sri Lanka’s first-ever digitally subscribed debenture issue. This groundbreaking …
Posted on January 23, 2025

Asia Asset Finance redefines financial innovation with Sri Lanka’s first digital debenture, fully subscribed in a day

Asia Asset Finance PLC (AAF), a trusted financial institution with a 54-year legacy, has made history by launching Sri Lanka’s first-ever digitally subscribed debenture issue. This groundbreaking …
Posted on January 23, 2025

World Bank VP visits Sri Lanka; announces $ 200 m financing

World Bank Vice President for South Asia Martin Raiser concluded a two-day visit to Sri Lanka yesterday, reaffirming support for education, rural development, and renewable energy. ..
Posted on January 22, 2025

World Bank to finance key projects in Sri Lanka totaling $200mn

World Bank vice president for South Asia, Martin Raiser, who concluded a visit to Sri Lanka on Wednesday, has said the global lender plans to finance three key projects over the next three months …
Posted on January 22, 2025

Former leaders are ordered to vacate government homes in Sri Lanka.

COLOMBO: As part of a new austerity campaign, Sri Lanka’s left-leaning administration on Tuesday demanded previous presidents, including the once-dominant Rajapaksa brothers, to immediately leave …

( read original story …)



Posted on January 22, 2025

Sri Lanka orders ex-leaders to move out of mansions

Gotabaya Rajapaksa was forced to step down in 2022 as Sri Lanka faced its worst economic meltdown, with foreign reserves plummeting and the nation running out of dollars to finance imports of …
Posted on January 22, 2025

Amid Sri Lanka’s austerity drive, Rajapaksa brothers must vacate deluxe government mansions

The move aims to reduce government spending and convert the mansions into hotels or museums, with former leaders receiving a modest rent allowance instead Sri Lanka’s leftist government asked former …
Posted on January 21, 2025

BOI revitalisation a key New Year’s resolution for Sri Lanka in 2025: US Ambassador

US Ambassador to Sri Lanka Julie Chung recently called on authorities to make the revitalisation of the Board of Investment (BOI) a key New Year’s resolution for Sri Lanka in 2025. ..

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