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Tag: Sri Lanka

Posted on November 25, 2023

Why policy rate hikes fail to cool inflation in Bangladesh but worked in Sri Lanka

While global central banks have effectively curbed inflation through policy rate hikes, the Bangladesh Bank’s efforts over the past year have been hampered by an ineffective transmission mechanism, …
Posted on November 25, 2023

Sri Lankan SEP/IYSSE meeting calls on working class to intervene to stop Israel’s genocide in Gaza

The Colombo meeting is a part of a series of meetings in Sri Lanka, as well as around the world by the International Committee of the Fourth International (ICFI), to build an international anti-war …
Posted on November 23, 2023

Lanka’s bid to join Madrid Protocol gains strong support from exporters

“The move, once completed, is expected to significantly bolster Sri Lanka’s position in the international business arena, attracting investments and fostering global market expansion.” …
Posted on November 23, 2023

Lanka’s bid to join Madrid Protocol gains strong support from exporters

“The move, once completed, is expected to significantly bolster Sri Lanka’s position in the international business arena, attracting investments and fostering global market expansion.” …
Posted on November 23, 2023

Rising gold-backed loans elevate risks for Sri Lankan finance companies – Fitch

Rising gold-backed lending among Sri Lanka’s finance and leasing companies (FLC) sector is exposing financiers to higher collateral price risk and making them more susceptible to any adverse movements …
Posted on November 22, 2023

Eight investors show interest in Lanka Hospitals

State-owned Sri Lanka Insurance Corporation owns a 51 percent stake in Lanka Hospitals. The other major shareholder is Fortis Healthcare International Ltd, with a 28.6 percent stake. Bank of Ceylon …

( read original story …)



Posted on November 22, 2023

BYD and John Keells Group forge partnership for passenger vehicle business in Sri Lanka

“We are delighted to have our Sri Lanka partner JKH to our Global Headquarters … John Keells Group Chairperson Krishan Balendra said: “ESG is firmly entrenched in our business process, workplace …
Posted on November 21, 2023

15 Tamil Nadu fishermen reached Chennai after being released from Sri Lanka

The Finance Minister spoke to the Foreign Secretary and the Indian High Commission in Sri Lanka, following which the fishermen were rescued …
Posted on November 21, 2023

Rising gold-backed loans elevate risks for Sri Lankan Finance Companies

Rising gold-backed lending among Sri Lanka’s finance and leasing companies (FLC) sector is exposing financiers to …
Posted on November 21, 2023

Rising gold-backed loans elevate risks for Sri Lankan Finance Companies

Rising gold-backed lending among Sri Lanka’s finance and leasing companies (FLC) sector is exposing financiers to …

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