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Tag: Sri Lanka

Posted on December 24, 2024

India to fund projects worth Rs 237.1 cr in Sri Lanka’s eastern province

India is to provide Rs 2,371 million to Sri Lanka for 33 development projects in education, health and agriculture sectors in the eastern province, it was announced on Tuesday.
Posted on December 24, 2024

India Strengthens Ties with Sri Lanka Through Development Projects

India is set to provide Rs 2,371 million to Sri Lanka for 33 development projects across education, health, and agriculture sectors in the eastern province. The initiative aims to boost socio-economic …
Posted on December 24, 2024

Moody’s upgrades Sri Lanka’s rating to ‘Caa1’ after creditors’ approval of $12.55 billion debt restructuring

Moody’s rating hike action comes after the review, which started last week. The rating upgrade to ‘Caa1’ marks a stable outlook for the island nation of Sri Lanka, reported Reuters.
Posted on December 23, 2024

Moody’s Joins Fitch in Upgrading Sri Lanka on Debt Restructuring

Moody’s Ratings upgraded Sri Lanka’s credit rating, days after the nation concluded debt restructuring of its dollar bonds, which reduces the risk of default on future notes.

( read original story …)



Posted on December 23, 2024

Sri Lankan exporters attend world’s largest food innovation exhibition in Paris

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lankan Embassy in France, successfully organised Sri Lanka’s participation at SIAL Paris 2024 – one of the world’s leading F …
Posted on December 23, 2024

Sri Lankan exporters attend world’s largest food innovation exhibition in Paris

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lankan Embassy in France, successfully organised Sri Lanka’s participation at SIAL Paris 2024 – one of the world’s leading F …
Posted on December 23, 2024

Constituent change in S&P Sri Lanka 20 Index

The Colombo Stock Exchange (CSE) announces changes to the S&P Sri Lanka 20 index constituents as part of the 2024 Year-End …
Posted on December 23, 2024

Constituent change in S&P Sri Lanka 20 Index

The Colombo Stock Exchange (CSE) announces changes to the S&P Sri Lanka 20 index constituents as part of the 2024 Year-End …
Posted on December 23, 2024

Lion Brewery commissions Sri Lanka’s first innovation centre for craft brews

PLC announced the commissioning of Sri Lanka’s first Innovation Center dedicated to the research and development for craft and specialty brews targeting export markets, which is also a BOI-approved …
Posted on December 23, 2024

PATA Chief says Sri Lanka’s tourism sector charts pathway to growth

CEO Noor Ahmad last Friday said Sri Lanka’s tourism sector is charting a path towards prosperity and growth, whilst praising its unique offerings and need for innovation and collaboration. ..

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