The three countries hold about $13 billion of Sri Lanka’s debt, while China is Sri Lanka’s largest bilateral creditor …
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 …
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 …
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 …
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.
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 …
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 …
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 …
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 …
Visiting USAID head urges China to assist Sri Lanka’s debt restructuring
Visiting USAID Administrator Samantha Power on Sunday urged China, among other creditors, to assist Sri Lanka in restructuring debts to recover …