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Tag: Sri Lanka

Posted on January 13, 2023

Sri Lanka Given 6 More Months To Repay Bangladesh’s $200M Loan

Bangladesh Bank today granted Sri Lanka six more months to repay the $200 million loan after the Island nation r …
Posted on January 12, 2023

Why China cannot write off Sri Lanka’s debt despite leniency by IMF

Sri Lanka’s crisis was caused primarily by economic mismanagement since its Independence in 1948, topped by some unthinking policies of then president, Gotabaya Rajapaksa …
Posted on January 12, 2023

Bangladesh Gives Sri Lanka 6 More Months To Repay $200M Loan

The Bangladesh Bank has extended the repayment period of the $200 million loan to Sri Lanka by six months until September this year ami …
Posted on January 12, 2023

Economic crisis-hit Sri Lanka’s central bank urges India, China to reduce debts at earliest

India is owed by Sri Lanka around $1 billion, while China’s lending to the island nation stands at around $7 billion …
Posted on January 12, 2023

House Price Change 10 Years (Real) in Sri Lanka compared to Asia

Source: Various sources Sri Lanka does not have official house price statistics. The Central Bank of Sri Lanka has a monthly housing approval index, and general economics statistics.

( read original story …)



Posted on January 12, 2023

CBSL governor urges China and India to reduce Sri Lanka’s debts soon

The Central Bank of Sri Lanka (CBSL) bank has urged China and India to agree a write-down of their loans as soon as possible …
Posted on January 11, 2023

Japan Looks At Investment Opportunities In Sri Lanka

A delegation led by the Japanese State Minister of the Cabinet Office, Satoshi Fujimaru, is in Sri Lanka to look at the investment oppo …
Posted on January 11, 2023

Canada sanctions Gotabaya, Mahinda Rajapaksa for human rights violation during Sri Lanka’s civil war

Canada on Tuesday imposed sanctions on four Sri Lankans, including former presidents Gotabaya Rajapaksa and his brother Mahinda Rajapaksa, for committing what it called “gross and systematic …

( read original story …)



Posted on January 10, 2023

Courtyard by Marriott debuts in Sri Lanka with Courtyard by Marriott Colombo

Courtyard by Marriott, part of Marriott Bonvoy’s extraordinary portfolio of 30 brands, yesterday announced the opening of Courtyard by Marriott Colombo, making it the first Courtyard… ..

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Posted on January 10, 2023

Sri Lankan shares extend losses as financials weigh

Sri Lankan shares closed lower for the fourth straight day on Tuesday, dragged down by losses in financial stocks. The CSE All-Share index fell 0.15% to 8,367.69, exchange data showed. Sri Lanka’s …

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