Six Sri Lankan artefacts taken away by the Dutch 200 years ago were returned to Sri Lanka yesterday. Buddhasasana and Cultural Affairs Minister Vidura Wickramanayake accepted them from Netherland’s …
MullenLowe Sri Lanka named ‘Most Effective Agency of the Year 2022/23’
One of the country’s leading Brand Communications Company, MullenLowe Sri Lanka was awarded the ‘Most Effective Agency for 2022/23’ at an …
MullenLowe Sri Lanka named ‘Most Effective Agency of the Year 2022/23’
One of the country’s leading Brand Communications Company, MullenLowe Sri Lanka was awarded the ‘Most Effective Agency for 2022/23’ at an …
Bingumal suggests bankruptcy court in Sri Lanka
Standard Chartered Bank Sri Lanka CEO Bingumal Thewarathanthri yesterday underscored the need for a bankruptcy court in the country to address debt repayment challenges faced by individuals and …
Creditor nations likely to agree on Sri Lanka debt restructuring – report
A group of Sri Lanka’s creditor nations are likely to reach an agreement on debt relief and an extension of repayment deadlines for the South Asian nation, Japan’s Jiji News reported on Wednesday, …
Sri Lanka makes debt restructuring deal with Japan, other creditors
Debt-ridden Sri Lanka and its creditor nations, including Japan, reached a basic agreement on Wednesday over Colombo’s debt restructuring, a senior Japanese Finance Ministry official said. The …
Lessons from Sri Lanka on populist economic interventions
Analysts attribute the sad state of affairs in this island nation to economic mismanagement that weakened the country’s public finance. The situation was exacerbated by deep tax cuts enacted by …
Sri Lanka to receive USD 60mn in financial assistance from ADB
The Government of Sri Lanka says it is planning to borrow USD 60 million from the Asian Development Bank (ADB) under the Second Integrated Road Investment Program (Tranche 4) to finance carrying out t …
Sri Lanka to receive USD 60mn in financial assistance from ADB
The Government of Sri Lanka says it is planning to borrow USD 60 million from the Asian Development Bank (ADB) under the Second Integrated Road Investment Program (Tranche 4) to finance carrying out t …
Sri Lanka to get 60 million USD loan from ADB for road development
COLOMBO, Nov. 28 (Xinhua) — Sri Lanka’s government signed an agreement on Tuesday to borrow 60 million U.S. dollars from the Asian Development Bank (ADB) to finance the country’s road construction, …