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Tag: Sri Lanka

Posted on April 7, 2022

Lankan Alliance Finance, CASHe Alliance announce a lending app

Lankan Alliance Finance Limited (LAFL), the joint venture NBFI between Bangladesh and Sri Lanka, is going to launch a new app-based product named “nano loan” for the unbanked population and low-income …

( read original story …)



Posted on April 7, 2022

Chinese ‘Debt Trap’ Adds To Sri Lanka, Pakistan Crises: Foreign Policy Expert

More than 40 countries have sorely felt the impact of the Chinese benevolence that seems ready to pull their people out of poverty, but instead lands them into debts that multiply and become difficult …

( read original story …)



Posted on April 7, 2022

Sri Lanka in ‘restricted’ cover category: ECGC to keep an eye

While the present country rating of Sri Lanka remains unchanged as C1 (moderately high risk), its cover category has been changed from Open Cover to Restricted Cover Category – I (RCC-I).

( read original story …)



Posted on April 7, 2022

Sri Lanka in ‘restricted’ cover category: ECGC to keep an eye

While the present country rating of Sri Lanka remains unchanged as C1 (moderately high risk), its cover category has been changed from Open Cover to Restricted Cover Category – I (RCC-I).

( read original story …)



Posted on April 7, 2022

Korean companies in dilemma over doing business in Sri Lanka

By Park Jae-hyuk Samsung Electronics, Hyundai E&C and other companies doing business in Sri Lanka are increasingly concerned about the potential negative impact of the island coun …

( read original story …)



Posted on April 7, 2022

Korean companies in dilemma over doing business in Sri Lanka

By Park Jae-hyuk Samsung Electronics, Hyundai E&C and other companies doing business in Sri Lanka are increasingly concerned about the potential negative impact of the island coun …

( read original story …)



Posted on April 7, 2022

India supplies two fuel consignments to crisis-hit Sri Lanka

The country of 20 million people is suffering its worst economic crisis in decades, short supply of fuel resulting in hours-long power cuts every day …

( read original story …)



Posted on April 7, 2022

Sri Lanka Insurance runner-up under insurance category at National Business Excellence Awards 2021

Sri Lanka’s insurance giant Sri Lanka Insurance was awarded runner-up under the insurance category at the 17th edition of the National Business Excellence Awards organised by the National Chamber of …

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Posted on April 7, 2022

Bangladesh will not face any economic crisis like Sri Lanka: PM

She said her government used to repay the debt taken for the country’s development purpose in due time since the Awami League assumed office …

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Posted on April 6, 2022

Sri Lanka’s Finance Minister quits after one day

The Sri Lankan Finance Minister has quit after one day in office, due to political unrest caused by the current inflation within his country. Ali Sabry, …

( read original story …)



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