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 …
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. ..
Bevon Jacobs included in New Zealand’s T20 squad for Sri Lanka series
South Africa-born batter Bevon Jacobs has been named in New Zealand’s Twenty20 squad for the first time for a three-match series against Sri Lanka, weeks after being picked by the Mumbai Indians in …
Untold lessons: Economic insights from history for Sri Lanka’s crisis
With a new Government in power, Sri Lanka finds itself grappling with immense economic challenges. The burden of enormous debts continues to weigh heavily on a fragile economy, necessitating robust …
Kaspersky appoints distributor to boost B2C presence in Sri Lanka and Maldives
Kaspersky, the global cybersecurity and digital privacy company has appointed Technocity as its exclusive B2C distributor in Sri Lanka, and as the second B2C distributor in the Maldives. ..
Kaspersky appoints distributor to boost B2C presence in Sri Lanka and Maldives
Kaspersky, the global cybersecurity and digital privacy company has appointed Technocity as its exclusive B2C distributor in Sri Lanka, and as the second B2C distributor in the Maldives. ..
Sri Lanka claims it has officially ended debt default
Mahinda Siriwardana, a top bureaucrat in the Finance Ministry, said in a statement, “December 20 marked a major milestone in our economic recovery process as Sri Lanka officially exited sovereign …
As Fitch upgrades ratings Sri Lanka claims it has ended debt default
With the decision by the Hong Kong based Fitch Ratings to upgrade Sri Lanka’s credit rating, the island nation has officially ended its debt default, the Finance Ministry said here on Saturday.
Treasury Secretary hails Sri Lanka exiting default after ‘painful reforms’ and complex debt restructuring
The Secretary to the Treasury Mainda Siriwardena says that 20 December 2024 marked a major milestone in Sri Lanka’s economic recovery process as the country officially exited sovereign default …
Fitch raises Sri Lanka rating after creditor nod to $12.55 bln debt overhaul
Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 …