Inchcape Shipping Services has rediscovered its roots by forming a new joint venture with John Keells Holdings PLC (JKH) in Sri Lanka that is positioned to offer a full suite of services to ease …
Sri Lanka’s exports exceed USD 1Bn for third consecutive month in August
Sri Lanka’s merchandise exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by Sri Lanka Customs. Tabl …
Crisis-hit Sri Lanka seeks World Bank Covid loan
Sri Lanka will seek an emergency loan of $100 million from the World Bank for a coronavirus vaccination drive, officials said on Wednesday, as the country struggles with an acute …
Sri Lanka, World Bank Sign Agreement to Strengthen Climate Resilience
The project will support weather forecasting, warning, and flood resilience in the Kelani river basin The Government of Sri Lanka and the World Bank signed a $92 million financing agreement for the …
Cabinet green light to increase Sri Lanka’s credit limit by another Rs. 400 Bn
The Sri Lankan Cabinet of Minister has given the green light to increase Sri Lanka’s credit limit by another Rs. 400 Bn to Rs. 3,397 – Get the latest breaking news and top stories from Sri Lanka, the …
Sri Lanka, World Bank Sign Agreement to Strengthen Climate Resilience
The project will support weather forecasting, warning, and flood resilience in the Kelani river basin The Government of Sri Lanka and the World Bank signed a $92 million financing agreement for the …
Appointment of new Secretary to the Monetary Board of the Central Bank of Sri Lanka
Appointment of new Secretary to the Monetary Board of the Central Bank of Sri Lanka The Central Bank of Sri Lanka (CBSL) is pleased to announce the appointment of Assistant Governor (AG) J P R …
WindForce PLC Titled “Fastest Growing Renewable Energy Company in Sri Lanka” at the 2021 GBO Awards
WindForce PLC has won the award for the Fastest Growing Renewable Energy Company in Sri Lanka at the Global Business Outlook (GBO) Awards for 2021. Held annually, the GBO Awards evaluate companies …
Bangladesh completes $200m bailout fund disbursement to Sri Lanka
The Bangladesh Bank on Tuesday completed disbursement of the $200-million bailout fund to cash crisis-hit Sri Lanka amid a deepening foreign reserve crisis in …
Property Prices in Sri Lanka Remain Positive & Stable in Q2 Despite COVID Waves: report
A recent study on the House Price Index developed by LankaPropertyWeb which is based on the asking prices of its listings revealed that overall residential land prices (per perch) had soared by 44.19% …