Crisis-hit Sri Lanka will begin on Friday the tricky task of debt renegotiation with a raft of private and bilateral creditors, including China, India and Japan, to restructure and repay nearly $30 …
Amid economic crisis, Sri Lanka’s inflation rate jumps to 70.2%
Amid the worst-ever economic crisis since the country gained independence in 1948, Sri Lanka’s inflation rate jumped to 70.2 per cent in August, official data revealed on Thursday.
Factbox: Sri Lanka set to begin talks to restructure debt of $30 billion
Years of economic mismanagement and the fallout of the COVID-19 pandemic have pushed foreign exchange reserves to record lows in the worst economic crisis in more than seven decades.
Factbox: Sri Lanka set to begin talks to restructure debt of $30 billion
Years of economic mismanagement and the fallout of the COVID-19 pandemic have pushed foreign exchange reserves to record lows in the worst economic crisis in more than seven decades.
Mahindananda highlights extent of tax evasion in Sri Lanka
Highlighting massive tax evasion in Sri Lanka, MP Mahindananda Aluthgamage said only 25,692 companies have paid income tax, though 100,005 companies have opened tax files, as of today. ..
Maldives-Middle East Connections
While there have been academic studies on some its neighbors’ relations with countries in the Middle East, such as India, Pakistan and Sri Lanka by this author and others, there has been nothing of …
IFS Sri Lanka ranks among top 100 LMD’s Most Respected Entities of 2022
IFS has been ranked amongst the top 100 Sri Lankan corporates by LMD (Lanka Monthly Digest) Magazine in its 18th Most Respected….. ..
India starts debt-restructuring talks with Sri Lanka, vows support
India said on Tuesday it had begun talks with Sri Lanka on restructuring its debt and promised to support the crisis-hit neighbour mainly through long-term investments after providing nearly $4 …
Dialog Axiata Group to invest US$ 152.4mn in Sri Lanka
From left: Renuka M. Weerakone, Director General, Board of Investment of Sri Lanka, Dr. Hans Wijayasuriya, Joint Acting Group Chief Executive Officer, CEO – Telecommunications Business/Group Executive …
Capitol Towers Introduces Internationally Recognized Homeownership Option To Sri Lanka
Synonymous to success, Capitol Towers Limited (member of the esteemed Sanken Group) continues adding value to Sri Lanka’s Construction and Real Estate industry by introducing ‘Staircasing with Capitol …