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Tag: Sri Lanka

Posted on February 24, 2022

M&M Finance’s looks to double AUM of Lankan venture

Mahindra & Mahindra Financial Services Ltd (MMFSL) is looking to double the assets of its Sri Lankan subsidiary Ideal Finance Ltd to Rs 16 billion over three-five years. The entity has been re-branded …

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Posted on February 24, 2022

Ideal Finance rebrands itself as Mahindra Ideal Finance

The lender added that Mahindra Finance’s investment in Sri Lanka is part of Mahindra Finance’s international strategy of expanding into India-like Asian markets; especially those that are of strategic …

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Posted on February 24, 2022

Indonesian Ambassador Encourages Implementation of Trade Agreement with Sri Lanka

Indonesian Ambassador to Sri Lanka Dewi Gustina Tobing has encouraged the prompt implementation of the Preferential Trade Agreement (PTA).

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Posted on February 24, 2022

Sri Lanka imposes rolling power cuts as cash crisis deepens

Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid.

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Posted on February 24, 2022

‘One Island, A Thousand Treasures’ beckons the world to rediscover Sri Lanka.

Colombo: Pioneering its contribution to marketing Sri Lanka as a ‘must-visit’ travel destination over the decades, Cinnamon Hotels & Resorts is making a renewed effort by launching the ‘One Island …

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Posted on February 24, 2022

‘One Island, A Thousand Treasures’ beckons the world to rediscover Sri Lanka.

Colombo: Pioneering its contribution to marketing Sri Lanka as a ‘must-visit’ travel destination over the decades, Cinnamon Hotels & Resorts is making a renewed effort by launching the ‘One Island …

( read original story …)



Posted on February 23, 2022

India willing to make investments in Sri Lanka

Indian Foreign Minister Subrahmanyam Jaishankar said on Wednesday the country is willing to make investments in Sri Lanka to help it ease a financial crisis, the Reuters news service reported. Sri …

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Posted on February 23, 2022

India, Lanka close to sealing 3 defence-related pacts to boost maritime security

India and Sri Lanka had close to firming up three defence-related pacts and arrangements to boost maritime security ahead of Sri Lanka finance minister Basil Rajapaksa’s visit this week …

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Posted on February 23, 2022

Sri Lankan, Bhutanese Ministers extend thanks to India for assistance during COVID-19 pandemic

The Health Minister of Sri Lanka and the Finance Minister of Bhutan on Wednesday extended their thanks to India for the assistance given during the COVID-19 pan …

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Posted on February 23, 2022

Sri Lanka – Sri Lanka prepared to turn to IMF for bailout

Sri Lanka is prepared to turn to the International … aiming to strengthen the macro fiscal unit at the Ministry of Finance as part of our capacity development activities. And that was conducted …

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