John Keells Holdings (JKH), one of Sri Lanka’s top conglomerates will borrow 75 million US dollars (27.1 billion rupees) from a Canadian financial institution through privately placed debentures to …
Bankrupt Sri Lanka opens IMF talks, begins shutdown
Sri Lanka closed schools and halted non-essential government services on Monday, starting a two-week shutdown to conserve fast-depleting fuel reserves as the IMF opened talks with Colombo on a …
UPDATE 1-More than 30 of Sri Lanka’s bondholders launch formal group for debt talks
More than 30 asset managers holding Sri Lanka’s international bonds announced on Tuesday the formal launch of a creditor group to start debt restructuring talks with the island nation, according to a …
IMF delegation arrives in crisis-hit Sri Lanka as fuel runs out
An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, with police called to escort a top government official to the negotiations after protesters angry about the …
Sri Lanka crisis: 21 arrested for blocking presidential secretariat entrances demanding President’s resignation
A group of protesters in Sri Lanka demanding the resignation of President Gotabaya Rajapksa for the mismanagement of the economy blocked all entrances of the presidential secretariat here, forcing the …
World Cup-winning Sri Lanka player serves tea and buns amid severe fuel crisis
Crisis-hit Sri Lanka has been unable to finance the import of necessities such as food, medicines and fuel since late last year.
World Cup-winning Sri Lanka player serves tea and buns amid severe fuel crisis
Crisis-hit Sri Lanka has been unable to finance the import of necessities such as food, medicines and fuel since late last year.
HNB Finance partners MoneyGram; enables seamless remittance facilities to Sri Lanka
Sri Lanka’s leading integrated financial services provider HNB Finance PLC recently on-boarded P2P payments and money transfer facilitator MoneyGram, to enable easy and efficient remittance services …
HNB Finance partners MoneyGram; enables seamless remittance facilities to Sri Lanka
Sri Lanka’s leading integrated financial services provider HNB Finance PLC recently on-boarded P2P payments and money transfer facilitator MoneyGram, to enable easy and efficient remittance services …
HNB Finance partners MoneyGram; enables seamless remittance facilities to Sri Lanka
Sri Lanka’s leading integrated financial services provider HNB Finance PLC recently on-boarded P2P payments and money transfer facilitator MoneyGram, to enable easy and efficient remittance services …