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Tag: Sri Lanka

Posted on December 13, 2023

Sri Lanka thanks official creditors; assures engagement with private creditors

Sri Lanka has been able to reach a reasonably comfortable economic zone, said State Finance Minister Shehan Semasinghe while – Get the latest breaking news and top stories from Sri Lanka, the latest …
Posted on December 13, 2023

Sri Lanka thanks official creditors; assures engagement with private creditors

Sri Lanka has been able to reach a reasonably comfortable economic zone, said State Finance Minister Shehan Semasinghe while – Get the latest breaking news and top stories from Sri Lanka, the latest …
Posted on December 13, 2023

Fake image convinces Sri Lankans that govt issuing 10,000 rupee banknote

A doctored image apparently showing a 10,000 rupee banknote has been shared on social media alongside claims it is the latest denomination issued by Sri Lanka. But the country’s central bank told AFP …
Posted on December 13, 2023

IMF Resumes Sri Lanka Bailout After China’s Debt Deal

The International Monetary Fund announced on Tuesday it is reviving its $2.9 billion bailout for Sri Lanka after the South Asian nation clinched a debt restructure deal with its largest single lender …
Posted on December 12, 2023

India to lock horns with fierce rivals Bangladesh in opener as ICC announce schedule for 2024 U19 World Cup in South Africa

ICC U19 Men’s Cricket World Cup will be hosted by South Africa after being shifted from Sri Lanka. The tournament will begin on January 19 and will be played across five venues with as many as 41 matches to decide the next champion team at the U19 level.
Posted on December 11, 2023

ComBank ranked No 1 in ‘Business Today Top 40’

The Commercial Bank of Ceylon has been ranked No 1 on the Business Today ranking of Sri Lanka’s Top 40 business …
Posted on December 11, 2023

Launch of “National Business Excellence Awards 2024”

The National Chamber of Commerce of Sri Lanka takes pleasure in announcing the “National Business Excellence Awards 2024”, for the 19th consecutive year. The flagship event will be held on Thursday, …
Posted on December 11, 2023

SLTDA warns of US $ 90mn tourism loss as Sri Lanka delays approval for Russian charter flights

Sri Lanka stands to lose an estimated US $ 90 million in potential tourism earnings, due to the government’s reluctance to permit Russian charter flights to the island nation, cautioned the Sri Lanka …
Posted on December 11, 2023

Sri Lanka parliament approves VAT hike, reducing exemptions to meet IMF revenue goal

ECONOMYNEXT – Sri Lanka’s parliament approved a 3 percent increase in Value Added Tax (VAT) from January 1, and to reduce exemptions on the tax as the island nation is struggling to meet the revenue …
Posted on December 11, 2023

Sri Lanka’s Kithul Industry Is Ailing, But Authorities Have Other Plans

Kithul trees were found in abundance in Sri Lanka’s rainforests including Sinharaja but kithul … “People are engaged in the moonshine business and they do that inside the forest areas. Despite …

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