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Tag: Sri Lanka

Posted on December 6, 2022

World Bank Approves Sri Lanka’s Request to Access Concessional Financing from IDA

The World Bank has approved Sri Lanka’s request to access concessional financing from the International Development Association (IDA).
Posted on December 5, 2022

Nepalese billionaire Binod Chaudhary reiterates trust and confidence in Sri Lanka despite turbulence

This investment was also Chaudhary’s first ever foray into the hospitality industry, which today has a partnership with IHCL across 11 properties in 06 countries. “At this moment, Sri Lanka is going …

( read original story …)



Posted on December 5, 2022

Sri Lanka Virtually Let Down By China In Securing A $2.9 Billion IMF Loan In December

The 20th Communist Party Congress of China may put a hold on the Chinese restructuring talks with Sri Lanka to secure the $2.9 billion …
Posted on December 5, 2022

Sri Lanka Virtually Let Down By China In Securing A $2.9 Billion IMF Loan In December

The 20th Communist Party Congress of China may put a hold on the Chinese restructuring talks with Sri Lanka to secure the $2.9 billion …
Posted on December 5, 2022

UB Finance rings in the season with 31 for 31 Fixed Deposits

UB Finance Co. Ltd. one of Sri Lanka’s premier financial services providers celebrates 10 years of partnership with its parent company Union Bank of Colombo PLC in 2022. To mark this significant …
Posted on December 4, 2022

Sri Lanka is far from an economic recovery

Pathmanaban, 61, rues the day he decided to head home to Trincomalee in Sri Lanka from Tiruchi in Tamil Nadu, in 2018. Now working as a waiter in a small restaurant just outside the town in the east …
Posted on December 4, 2022

Sri Lanka is far from an economic recovery

Pathmanaban, 61, rues the day he decided to head home to Trincomalee in Sri Lanka from Tiruchi in Tamil Nadu, in 2018. Now working as a waiter in a small restaurant just outside the town in the east …
Posted on December 4, 2022

Indonesia raises alert to highest level as volcano erupts on Java island

Indonesia’s Mount Semeru volcano has erupted, sending ash billowing into the sky and sparking evacuations on the country’s – Get the latest breaking news and top stories from Sri Lanka, the latest …
Posted on December 4, 2022

Paris Club proposes 10-year moratorium on Sri Lanka’s debt: Report

The Paris Club creditor states, which place equal burdens on the wealthy global north and the emerging global south, are proposing a ten-year moratorium on Sri Lanka’s debt and another 15 years of …
Posted on December 4, 2022

Paris Club for 10-year moratorium on Sri Lanka debt.

Sri Lanka’s dire inability to make repayments on its enormous national debt has led to the Paris Club of creditor nations – Get the latest breaking news and top stories from Sri Lanka, the latest …

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