The bonds, largely from superannuated funds, were eligible for exchange under a domestic debt restructuring program announced by Sri Lanka in June.
Sri Lanka, France launch Oil Spill Detection project
A Satellite Based Oil Spill Monitoring Service for Sri Lanka was launched in Colombo on Tuesday (12). The memorandum of understanding – Get the latest breaking news and top stories from Sri Lanka, the …
LOLC Finance strategically relocates in Wilgamuwa and Wellawaya
LOLC Finance, the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, takes pleasure in announcing the successful relocation of its two branches in Wilgamuwa and Wellawaya. These strategic …
LOLC Finance relocates in Wilgamuwa and Wellawaya
LOLC Finance, one of the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, has announced the relocation of its two branches …
LOLC Finance relocates in Wilgamuwa and Wellawaya
LOLC Finance, one of the largest Non-Banking Financial Institution (NBFI) in Sri Lanka, has announced the relocation of its two branches …
Sri Lanka extends special commodity levy on potatoes by four months
ECONOMYNEXT – Sri Lanka’s Minister of Finance Ranjith Siyambalapitiya has said that the special commodity levy of 50 rupees on a kilogram of potatoes is to be extended by four months, following a …
All that went wrong for Bangladesh’s economy
However, while countries like Sri Lanka – on the verge of an economic collapse – have begun to turn around, Bangladesh’s economy is still facing difficulties on many accounts. The fiscal year 2022-23 ended with several disquieting factors on the economic front. Most of these problems could not be handled properly due to policy failures.
Sri Lanka cannot afford to get distracted by upcoming elections: Dr. Coomaraswamy
As Sri Lanka appears to be gearing up for elections in the coming year, strong efforts must be made to stay within the path charted for reforms, or else the country would once again face dire… ..
Can we learn anything from Sri Lanka?
Sri Lanka’s worst economic crisis since its independence began in 2019. Experts attribute a plethora of reasons behind the crisis. First, after the end of the civil war in 2009, the country emphasised …
CZK Group China to invest USD 200 Mn in Sri Lanka
The CZK Group China has expressed their interest to State Minister of Investment Promotion Dilum Amunugama currently on an official visit …