In this backdrop the Chamber of Construction Industry Sri Lanka (CCI) has initiated action to revitalise the construction industry by extending assistance to the property development sector and the …
Name change from Ceylon to Sri Lanka has caused utter destruction: Astronomer
Science writer and astronomer Anura C. Perera claims that the country’s name change from Ceylon to Sri Lanka has caused utter destruction over the past few decades owing to the unfavorable word ‘Sri’.
Political ties must for doing business in Sri Lanka: AKD
JVP-led NPP leader Anura Kumara Dissanayake says that the prevailing political economic culture, in Sri Lanka, required entrepreneurs to have political ties to do business in Sri Lanka. Addressing a …
Belt and Road: “debt trap’ hovering over Indonesia
Indonesians risk losing control of a Chinese-funded high-speed train on Java. Delays in construction have led to extra costs. Chinese lenders are asking for government guarantees. The Sri Lanka scenar …
Journey ahead for Sri Lanka is not a bed of roses: State Minister of Finance
Sri Lanka has to raise USD 17 billion to repay its loans between 2023 and 2027 By Sanath Nanayakkare Speaking to the media on April 15, State Minister of Finance Ranjith Siyambalapitiya hinted that …
JICA eager to resume Japan-funded development projects in Sri Lanka: State Minister Semasinghe
State Minister of Finance Shehan Semasinghe said yesterday that JICA has expressed eagerness to resume Japan-funded projects in Sri Lanka. ..
Sri Lanka Shippers’ Council has its say over multiple issues
The import and export sectors of Sri Lanka, which comprise the critical and crucial economic segments of Sri Lanka and which contribute to the country’s overall commercial activities, have been …
Cinnamon Hotels & Resorts set to bring the best of Sri Lanka to Arabian Travel Market 2023
Unlocking the potential within the Middle East, Cinnamon Hotels & Resorts is set to debut at this year’s Arabian Travel Market …
Exclusive: Sri Lanka’s bondholders send debt rework proposal to government, sources say
China, Sri Lanka’s biggest bilateral creditor … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop …
Exclusive: Sri Lanka’s bondholders send debt rework proposal to government -sources
A committee of Sri Lanka’s international private creditors sent its first debt rework proposal to the country’s authorities regarding over $12 billion in bonds outstanding, according to three sources …