The port has become a thriving transshipment hub in the Indian Ocean particularly for vehicles, with a turnover of 700,000 units a month.
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. ..
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. ..
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.
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 …
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 …
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 …
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 …
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.
Melco to launch City of Dreams Sri Lanka, secures 20-year gaming license
Gaming and integrated resorts operator Melco Resorts & Entertainment Limited unveiled a partnership with John Keells Holdings PLC to build a US$1 billion-plus integrated resort in central Colombo.