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.
Sri Lanka’s SOE losses reverse trend; likely to post Rs. 456 bln profit in 2023: State FinMin
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 …
All doubts over Sri Lanka’s ability to overcome economic crisis vanish: Semasinghe
The doubts that existed among all parties on whether Sri Lanka will be able to overcome the economic crisis have disappeared, Finance State Minister Shehan Semasinghe said. ..
Fitch affirms Sri Lanka’s UB Finance rating at ‘BB(lka)’
Fitch affirmed licensed non-bank lender UB Finance Company Ltd’s national long-term rating at ‘BB(lka)’. The outlook is stable.
Where To Stay Along Sri Lanka’s Southern Coast: 5 Boutique Hotels
Whether you’re looking for tranquil coves, thrilling surf breaks or vibrant beachside cultural hubs, Sri Lanka’s southern coast has something for everyone.