By Ifham Nizam The Chamber of Young Lankan Entrepreneurs (COYLE) with a diverse membership spanning over 20 industries, contributing some Rs. 750 billion to the national GDP, and employing over …
Anti-business nature tax policies need change for better business environment
The current Sri Lanka tax policies have an anti-business nature and these should be changed to create a better business environment, …
Adani backs out of $533mn US loan for Sri Lanka port
Adani Ports has withdrawn its request for a $553 million loan from the US International Development Finance Corporation (IDFC) for a Sri Lankan port p …
President Calls for Strengthening Sri Lanka’s Financial System
President Anura Kumara Dissanayake has directed the Ministry of Finance to implement measures to enhance the efficiency and resilience of Sri …
Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port
The withdrawal marks another low point in U.S.-India ties after the billionaire’s indictment on charges related to fraud, and a blow to Washington’s bid to counter China’s regional clout.
Oliver’s Travels expands Sri Lanka portfolio
UK travel and tourism industry news, features, jobs, directories, events and awards for travel agencies and consortia, airlines and airports, tour operators, ocean and river cruise lines, luxury and …
Amid US bribery scandal, Gautam Adani takes BIG decision, cancels Rs 46912193604 loan for Sri Lanka’s….
Gautam Adani led Adani Ports and Special Economic Zone said it has withdrawn its request for $553 million funding from the US Development Finance Corporation for completing the port project in Sri …
Insurance regulation in Sri Lanka ‘developing with limited transparency’: Fitch Ratings
Sri Lanka’s regulatory environment for the insurance sector is regarded as “developing with limited transparency,” according to Fitch Ratings …
LankaPropertyWeb Celebrates Exceptional Service and Dedication of Sri Lankan Realtors
These agents have been advertising with us for over 6 years and possess extensive experience in the market. They are among the most respected and knowledgeable professionals, dedicated to serving …
Adani drops US financing for strategic Sri Lanka port
Gautam Adani’s conglomerate has said it will no longer tap $500mn in US development financing for a Sri Lankan port project after the group’s billionaire chair was accused of orchestrating a …