The recently signed Free Trade Agreement (FTA) between Sri Lanka and Thailand holds significant importance for Sri Lanka, said Ceylon Chamber …
Sri Lanka debt restructuring makes slow progress even with 1.6% growth rate
The restructuring of Sri Lanka’s external debt is to take much longer than expected, going by President Ranil Wickremesinghe’s policy speech on Tuesday even though he signalled a positive shift in the …
Socomec India Unveils Strategic Expansion Plans to Sri Lanka and Bangladesh, Reinforces Commitment to Make In India
Socomec India, a leading global specialist in Low Voltage (LV) power management, has unveiled its ambitious expansion plan today. The Chennai-headquartered French powerhouse is set to venture into the …
China Responds to Spy Ship Activity in Indian Ocean
Chinese research vessel Xiang Yang Hong 3 was denied permission to dock in Sri Lanka and is set to arrive in Malé soon.
Looking east will help revitalize Sri Lanka’s economy in new environment
Sri Lanka was hit in 2022 by one of its worst economic crises in history. But now, to stabilize its economy, the island country has been renewing a focus on free trade to foster economic growth. The …
Looking east will help revitalize Sri Lanka’s economy in new environment
Sri Lanka was hit in 2022 by one of its worst economic crises in history. But now, to stabilize its economy, the island country has been renewing a focus on free trade to foster economic growth. The …
Singer Sri Lanka profits soar on higher revenues, easing interest rates
Singer Sri Lanka PLC reported some solid top and bottom line performances in the three months ended in December 2023, as the company saw the demand for many of its consumer durable product lines …
Thai PM urges state energy firm to invest in Sri Lanka’s solar farm
Thailand’s Prime Minister Srettha Thavisin has called a meeting with the newly appointed CEO and board chairman of PTT Plc, the state-owned listed oil and gas company, to discuss support for Thai star …
Three Agreements to strengthen Sri Lanka – Thailand ties
Gem and Jewellery collaboration takes centre stage New heights in Air Services Agreement In Sri Lanka’s pursuit of transforming into a …
Debt-stricken Sri Lanka signs trade pact with Thailand as it seeks ‘recovery’
The island nation has been struggling with an economic crisis since declaring bankruptcy in April 2022 with more than US$83 billion in debt.