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Tag: Sri Lanka

Posted on April 11, 2024

Sri Lanka Shows Signs of Recovery but Must Maintain Reform Momentum, says ADB

The Asian Development Bank’s (ADB) annual flagship economic publication, the Asian Development Outlook (ADO) April 202 – Get the latest breaking news and top stories from Sri Lanka, the latest …
Posted on April 10, 2024

Ban On Vehicle Imports To Sri Lanka Likely To Be Lifted In 2025

The ban on vehicle imports to Sri Lanka is likely to be lifted in 2025, State Minister of Finance Ranjith Siyambalapitiya, State Minister o …
Posted on April 10, 2024

Genie Business Powered by Dialog Finance unveils Cutting-Edge Fintech Solutions for Sri Lankan MSMEs

Genie Business, the ultimate all-in-one fintech platform for Sri Lankan businesses, was launched by Dialog Finance PLC to revolutionize the landscape …
Posted on April 10, 2024

Sri Lanka Insuranceyet again records a staggering profit of Rs. 10.6 billion before taxation for the year2023

Sri Lanka Insurance was awarded the ‘The Most Loved Insurance Brand’ by Brand Finance for the sixth consecutive year. SLIC was also listed in the top 100 ‘Most Valuable Brands’ in Sri Lanka by Brand …
Posted on April 10, 2024

Sri Lanka Insuranceyet again records a staggering profit of Rs. 10.6 billion before taxation for the year2023

Sri Lanka Insurance was awarded the ‘The Most Loved Insurance Brand’ by Brand Finance for the sixth consecutive year. SLIC was also listed in the top 100 ‘Most Valuable Brands’ in Sri Lanka by Brand …
Posted on April 9, 2024

Sri Lanka’s Leader Advocates for Legal Framework to Support IMF Agreements

President Wickremesinghe emphasizes the need for legalising IMF agreements to secure Sri Lankas economic recovery and prevent policy reversals.
Posted on April 9, 2024

Applied Graphite Technology closes key acquisition of Queens Mine in Sri Lanka

Applied Graphite Technology Corporation CEO Don Baxter joined Steve Darling from Proactive to announce the successful acquisition of the past-producing Queen’s Mine in Sri Lanka. Situated …

( read original story …)



Posted on April 8, 2024

Sri Lanka defaults on USD 6 billion payment despite rising reserves: Patali

United Republican Front (URF) leader Patali Champika Ranawaka said Sri Lanka defaulted on a payment of USD 6 billion starting from April 2022 when the country announced bankruptcy. ..
Posted on April 8, 2024

World Bank report shows drastic increases in Sri Lanka’s poverty and inequality

The economic reforms advanced by the World Bank include the privatisation of Sri Lanka’s state-owned enterprises, mass job destruction and further attacks on hard-won wages and working conditions.
Posted on April 8, 2024

India helping five nations develop early warning systems, says IMD chief

India to help Nepal, Maldives, Sri Lanka, Bangladesh, and Mauritius in developing early warning systems for extreme weather events.

( read original story …)



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