Sri Lanka paid a $1 billion bond last week, but the alarming state of its finances suggests it may have been just another step towards its first sovereign default.
Pathfinder Foundation with Visa presents report to Finance Minister
Avanthi Colombage, Country Manager, Sri Lanka and Maldives, VISA; Rajendra Theagarajah, Senior Visiting Fellow, Pathfinder Foundation; Basil Rajapaksa, Finance Minister; K. Balasundaram, Director/CEO, …
CA Sri Lanka’s CEOs Forum plays nexus role to bridge gap between Govt., biz community
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently organised a CEOs Forum to provide clarity on the current debt situation, whilst also helping the dynamic business community …
With a new strategy roadmap, Sri Lanka seeks to reset ties with India
After months of strain over a number of issues including the cancelled Eastern Container Terminal (ECT) port project in Colombo, Sri Lanka is preparing to send its High Commissioner designate to New …
Finance minister urged to give fresh impetus to doing business conditions in Sri Lanka
Venora Group lost export orders worth US$ 300,000-400,000 due to foreign exchange issue’ ‘Many companies do value addition below 10%, but government is allowing that to happen’ By Sanath Nanayakkare …
A strategic partnership that uplifts the maritime industry of Sri Lanka
Hayleys Advantis Group congratulates the Sri Lanka Ports Authority (SLPA) for 42 years of excellence in managing a vital component of the domestic shipping industry and helping to transform the …
Expert team from Switzerland arrives to study Sri Lanka’s agricultural landscape
A renowned team of experts from Switzerland arrived on the 01st of August to study the country’s agriculture ecosystem. During the 10-day visit, they will meet with key industry stakeholders, visit …
Finance minister urged to give fresh impetus to doing business conditions in Sri Lanka
Venora Group lost export orders worth US$ 300,000-400,000 due to foreign exchange issue’ ‘Many companies do value addition below 10%, but government is allowing that to happen’ By Sanath Nanayakkare …
Expert team from Switzerland arrives to study Sri Lanka’s agricultural landscape
A renowned team of experts from Switzerland arrived on the 01st of August to study the country’s agriculture ecosystem. During the 10-day visit, they will meet with key industry stakeholders, visit …
Hayleys Energy Services: The pioneer in oil and gas support services in Sri Lanka
Hayleys Energy Services Lanka Ltd. (HES) is the leading energy logistics and support services provider in Sri Lanka for international oil and gas companies seeking upstream, midstream and downstream …