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Tag: Sri Lanka

Posted on March 5, 2025

Sri Lanka’s debt-ridden CPC to finance development of 24-oil tanks in China Bay

ECONOMYNEXT – Sri Lanka’s Cabinet of Ministers has approved debt-ridden state-owned Ceylon Petroleum Corporation (CPC) to develop 24 oil tanks in the country’s China Bay tank farm in Trincomalee …
Posted on March 5, 2025

Spot US dollar 295.30/50 Sri Lanka rupees, bond yields steady

Sri Lanka’s rupee closed at 295.30/50 to the US dollar in the spot market Wednesday, from 295.18/25 Tuesday, dealers said, while bond yields were broadly steady.
Posted on March 4, 2025

Sri Lanka – Budget Proposals To Changes To ‘Indirect Taxes’.

Sri Lanka – Budget Proposals To Changes To ‘Indirect Taxes’. Legal News and Analysis – Sri Lanka – Tax – Conventus Law …

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Posted on March 4, 2025

Sri Lanka’s first-ever Rs. 1 b high-yield bond by Fintrex Finance snapped up on opening day

Fintrex Finance has made history by issuing Sri Lanka’s first-ever high-yield bond worth Rs. 1 billion and it being oversubscribed on its opening day itself. ..
Posted on March 4, 2025

Sri Lanka’s first-ever Rs. 1 b high-yield bond by Fintrex Finance snapped up on opening day

Fintrex Finance has made history by issuing Sri Lanka’s first-ever high-yield bond worth Rs. 1 billion and it being oversubscribed on its opening day itself. ..
Posted on March 4, 2025

HSBC Sri Lanka voted as Best Trade Finance Bank in Euromoney’s Trade Finance Survey 2025

HSBC has been voted as the Best Trade Finance Bank in Sri Lanka and #1 in Client Service and Products and Technology in the benchmark Euromoney Trade Finance Survey 2025. ..
Posted on March 3, 2025

Colombo sees 7.7% land price surge

Property in Sri Lanka’s Colombo had risen 7.7 per cent in the second half of 2024 from a year earlier, according to a Land Valuation Indicator. According to the report, industrial land had risen 3.9 …

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Posted on March 3, 2025

Sri Lanka in “intense” discussions for compensation from corrupt Airbus deal: Deputy Minister

ECONOMYNEXT – Sri Lanka officials are in intense level discussions on a complex compensation litigation related to a corrupt Airbus deal, Deputy Finance Minister Harshana Suriyapperuma said.
Posted on March 2, 2025

This Tiny Surf Town in Asia Feels Like Bali Without the Crowds

The under-the-radar town of Hiriketiya in Sri Lanka has epic surfing, buzzing beach bars, and gorgeous sunsets.

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Posted on March 2, 2025

Sri Lanka’s Lighthouse to buy 21-room Hotel J

ECONOMYNEXT – Sri Lanka’s Lighthouse Hotel has said it was purchasing a 21-room property in Ambalangoda.

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