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Posted on December 2, 2020

Sri Lanka Economic Summit 2020 – President address the forum

Economic Recovery’ commenced today. Shrimathi Nirmala Sitharaman, Honourable Minister of Finance and Corporate Affairs of the Republic of India delivered the keynote address. The Sri Lanka Economic …

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Posted on December 2, 2020

Fitch downgrades Sri Lanka’s rating

Fitch downgraded Sri Lanka’s sovereign credit rating to ‘CCC’, warning the country’s debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.

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Posted on December 2, 2020

Fitch downgrades Sri Lanka’s rating

Fitch downgraded Sri Lanka’s sovereign credit rating to ‘CCC’, warning the country’s debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.

( read original story …)



Posted on December 2, 2020

Cyclone Burevi slams into eastern Sri Lanka

Tropical cyclone Burevi slammed into Sri Lanka’s eastern coast on Wednesday night and was expected to damage coastal buildings and power lines, as well as unleash flash floods, officials at the …

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Posted on December 2, 2020

Second Cyclone In A Week Threatens Sri Lanka, India

Sri Lanka and southern India battened down the hatches for the second time in a week on Wednesday ahead of the scheduled arrival of another cyclone from the Bay of Bengal. Burevi will pack gusts of up …

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Posted on December 2, 2020

Uber Eats marks second anniversary in Sri Lanka, completes 10 million orders

Uber Eats is marking its second year anniversary in Sri Lanka after successfully delivering 10 million orders to hungry eaters. The platform more than doubled its orders in the second year of …

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Posted on December 2, 2020

‘Pharma exports, a new potential sector for Sri Lanka’

Agriculture is a very big part of the country’s export basket but what needs to happen is create value addition in that sector Prabhash Subasinghe – Chairman, Sri Lanka Export (Pictured) Development …

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Posted on December 1, 2020

President says Sri Lanka’s over-reliance on loans must end

President Gotabaya Rajapaksa, addressing the Sri Lanka Economic Summit 2020 today (01), said Sri Lanka’s over-reliance on loans must come to an end and insisted on attracting more foreign direct inves …

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Posted on December 1, 2020

Sri Lanka’s over-reliance on loans must end; says President

Sri Lanka’s overreliance on loans must come to an end, said President Gotabaya Rajapaksa adding the focus of the Government is on – Get the latest breaking news and top stories from Sri Lanka, the …

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Posted on December 1, 2020

Sri Lanka’s over-reliance on loans must end; says President

Sri Lanka’s overreliance on loans must come to an end, said President Gotabaya Rajapaksa adding the focus of the Government is on – Get the latest breaking news and top stories from Sri Lanka, the …

( read original story …)



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