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Tag: Sri Lanka

Posted on May 4, 2024

Sri Lankan Rupee shows revival: Finance Minister

Finance Minister Ranjith Siyambalapitiya has heralded a significant resurgence in Sri Lanka’s rupee, which has been grappling amidst economic adversities …
Posted on May 4, 2024

A Chinese debt trap? Sri Lanka’s Hambantota port set to debunk narrative with its success

The port has become a thriving transshipment hub in the Indian Ocean particularly for vehicles, with a turnover of 700,000 units a month.
Posted on May 4, 2024

China assures fullest support to conclude Sri Lanka’s debt restructuring process: Semasinghe

China assured its fullest support and cooperation to conclude the debt restructuring process in Sri Lanka, State Minister of Finance Shehan Semasinghe said. ..
Posted on May 4, 2024

China assures fullest support to conclude Sri Lanka’s debt restructuring process: Semasinghe

China assured its fullest support and cooperation to conclude the debt restructuring process in Sri Lanka, State Minister of Finance Shehan Semasinghe said. ..
Posted on May 4, 2024

Sri Lankan workers and youth must demand the repudiation of all foreign debt

Private bond holders, with the IMF’s tacit support, are seeking to bully the Sri Lankan government into accepting higher repayments or face the withholding of the next tranche of the IMF loan.
Posted on May 3, 2024

From Pakistan To Sri Lanka: Top 10 Countries In Debt To China

From 2012 to 2022, China received around 40% of the total net financial inflows to LMICs, as reported in Yahoo Finance. During this period … With a debt of $8.9 billion (Approx Rs 74,000 crore), Sri …
Posted on May 3, 2024

US assures assistance in Sri Lanka’s debt restructuring process

The United States has once again assured their fullest support to Sri Lanka in the debt restructuring process, State Minister of Finance Shehan Semasinghe said …
Posted on May 2, 2024

Sri Lanka’s SOE losses reverse trend; to post Rs456bn profit in 2023: Minister

ECONOMYNEXT – Sri Lanka’s key state-owned enterprises (SOEs) have reversed its 2022 losses and made profits in 2023, State Finance Minister Shehan Semasinghe said after the government was forced to …
Posted on May 1, 2024

Singer Sri Lanka recognised as ‘Strategic Alliance Partner’ at Sony’s Annual BPC in Singapore

Singer, the exclusive distributor for Sony Electronics in Sri Lanka, was honoured as a Strategic Alliance Partner at Sony’s recently held …
Posted on April 30, 2024

5 Boutique Luxury Hotels You Can’t Miss In Sri Lanka

Sri Lanka may conjure ideas of tropical coastlines, but this island is more than just a paradise for beaches. Discover the best hotels in Sigirya, Ella and more.

( read original story …)



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