In a press release issued on October 2023, the Group stated that the MLB is designed to be “liquid and index-eligible,” with payouts that “are linked to the evolution of Sri Lanka’s gross domestic …
Sri Lanka’s Debt Restructuring Talks With Private Bondholders Hit a Snag
In a press release issued on October 2023, the Group stated that the MLB is designed to be “liquid and index-eligible,” with payouts that “are linked to the evolution of Sri Lanka’s gross domestic …
Sri Lanka FinMin says to confiscate 112 vehicles imported illegally
ECONOMYNEXT – Sri Lanka’s State Finance Minister Ranjith Siyambalapitiya said 112 vehicles imported illegally at a cost of 7 billion rupees will be confiscated from the current owners.
Sri Lanka FinMin says to confiscate 112 vehicles imported illegally
ECONOMYNEXT – Sri Lanka’s State Finance Minister Ranjith Siyambalapitiya said 112 vehicles imported illegally at a cost of 7 billion rupees will be confiscated from the current owners.
Iran’s Raisi Arrives in Sri Lanka to Foster Ties, Open Hydropower Project
COLOMBO (Reuters) – Iran’s President Ebrahim Raisi arrived in Sri Lanka on Wednesday for a brief state visit aimed at strengthening ties, during which he will also open a $514-million hydropower project.
AirAsia among bidders for Sri Lanka’s national carrier
AirAsia is among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion …
AirAsia among bidders for Sri Lanka’s national carrier
AirAsia is among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines as the island nation looks to reduce losses incurred by government-owned enterprises under a $2.9 billion …
Sri Lanka exceeds state revenue targets by 6 pct in 1st quarter
COLOMBO, April 22 (Xinhua) — Sri Lanka has exceeded its state revenue target for the first quarter of 2024 by 6 percent, the country’s State Minister of Finance Ranjith Siyambalapitiya said on Monday …
India’s ITC to launch over $300 mln worth Sri Lankan property this week
ECONOMYNEXT – Indian Tobacco Company (ITC) will launch its Sri Lankan property this week, an official said, a decade after the start of the construction in the land it owns next to China’s high end Shangri-La Hotel.
IMF official: Sri Lanka’s road ahead is challenging, critical to keep up with reform momentum
The rupee is currently under pressure, despite broadly prudent monetary policy, due to an ‘oversold position’ in the market after recent appreciation made importers and banks to run negative open …