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Tag: Sri Lanka

Posted on September 15, 2022

Sri Lanka’s 60 Shades of White When lawmakers become lawbreakers

Parliamentarians—so-called supreme legislators—wear white, the colour of peace and purity. But how many of them actually behave as such? In November, 2018, Sri Lankans and the whole world witnessed …

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Posted on September 14, 2022

Insider Sri Lanka advice from Resplendent Ceylon boss

The head of Resplendent Ceylon shares information from the ground in Sri Lanka to help agents sell the destination …

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Posted on September 13, 2022

Lazard in talks with China, India, Japan on restructuring Sri Lanka’s debt

The three countries hold about $13 billion of Sri Lanka’s debt, while China is Sri Lanka’s largest bilateral creditor …

( read original story …)



Posted on September 13, 2022

Lazard in talks with China, India, Japan on restructuring Sri Lanka’s debt

The three countries hold about $13 billion of Sri Lanka’s debt, while China is Sri Lanka’s largest bilateral creditor …

( read original story …)



Posted on September 13, 2022

Lazard in talks with China, India, Japan on Sri Lanka debt

Financial advisory group Lazard has started talks with India, China and Japan on restructuring Sri Lanka’s debt, a spokesman for the Sri Lanka government said on Tuesday, as the crisis-hit island …

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Posted on September 13, 2022

Lazard in Talks With India, China and Japan for Sri Lanka’s Debt Restructuring

Financial advisory group Lazard is in the process of speaking to India, China and Japan for the restructuring of Sri Lanka’s debt, Ramesh Pathirana, the island nation’s acting cabinet spokesperson …

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Posted on September 13, 2022

China gave tens of billions in secretive ‘emergency loans’ to vulnerable nations, emerging as world’s major creditor and IMF competitor

Since 2017, Beijing has given a collective $32.8 billion to Sri Lanka, Pakistan, and Argentina, indicating a shift from providing infrastructure to emergency loans.

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Posted on September 12, 2022

The Clarks Hotels and Resorts opens its first property in Sri Lanka

The Clarks Hotels and Resorts strengthens its footprints in Sri Lanka by opening The Albatross Golf Resort in Kandy. They are aiming to promote the country to the Indian travellers, and take advantage …

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Posted on September 12, 2022

Sri Lanka can’t count on China to solve its debt problems

Can Sri Lanka pivot away from its deep economic and political crisis? A decade of fiscal mismanagement has led to diminishing foreign exchange reserves and government debt that jumped from 91 percent …

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Posted on September 12, 2022

Australian companies continue to see Sri Lanka as a highly prospective place to invest and do business, says High Commissioner

Australia has provided SL more support than ever this year, including through $75 million in development funding in 2022-23 = There is great potential in GOSL’s plan to become a regional hub for …

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