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Tag: Sri Lanka

Posted on December 3, 2022

France to provide 450,000 euros for renewable energy in Sri Lanka

The French Development Agency (AFD) signed a grant agreement worth 450,000 euros with the Ceylon Electricity Board (CEB) and Electricité de France (French electric utility) to support the increasing …
Posted on December 3, 2022

Unilever Sri Lanka wins Youth Focus Corporate Award

Recognised for its commitment to empower Sri Lankan youth at the New Generation Awards 2022 Unilever Sri Lanka was recently honoured with the Youth Focus Corporate Award at the New Generation Awards …
Posted on December 3, 2022

Unilever Sri Lanka wins Youth Focus Corporate Award

Recognised for its commitment to empower Sri Lankan youth at the New Generation Awards 2022 Unilever Sri Lanka was recently honoured with the Youth Focus Corporate Award at the New Generation Awards …
Posted on December 2, 2022

A seven-member business delegation from CUTOUR Japan

A seven-member business delegation from CUTOUR Japan, led by Takayuki Hirose, was in Sri Lanka on a fact-finding mission on investments and trading. Business meetings were arranged by the Sri …
Posted on December 2, 2022

Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CC’; Affirms ‘RD’ Foreign-Currency IDR

Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default).
Posted on December 2, 2022

Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CC’; Affirms ‘RD’ Foreign-Currency IDR

Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default).
Posted on December 2, 2022

Sri Lankan univ refuses to sign MoU with Chinese univ, says Beijing has other plans

The statement underlined that Sri Lanka became the victim of the financial crisis because of China’s non-transparent and unsustainable loans. Sri Lanka’s student union also doubted that Sri Lankan …
Posted on December 2, 2022

Fitch downgrades Sri Lanka’s local currency debt rating to ‘CC’

Fitch on Thursday downgraded Sri Lanka’s Long-Term local-currency debt rating by two notches to “CC” from “CCC”, citing a probable local-currency debt default in the face of high interest costs and ti …
Posted on November 30, 2022

Houses given on rent for 76 MPs who lost their homes to unrest

Sri Lanka’s housing minister Prasanna Ranatunga told Parliament that 76 MPs who lost their houses and property to arson following – Get the latest breaking news and top stories from Sri Lanka, the …

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Posted on November 29, 2022

Philippines joins push to protect at least 30% of planet’s land, oceans

The Philippines joins Cambodia, Japan, India, Bhutan, Nepal, Pakistan, Sri Lanka, Bangladesh, and Papua New Guinea as the Asian members of the High Ambition Coalition for Nature and People.

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