Milliman, Inc., a premier global consulting and actuarial firm, announced that it will begin operations in Sri Lanka after an agreement to acquire Colombo -based Spark Actuarial Private Limited came …
P2P Lender Robo.cash Provides Updates on Performance of its Loan Originators, May Launch Operations in Sri Lanka
TEZ Finance was able to “grow disbursement volumes by 60% every … They are planning to set up a lending business in Sri Lanka. As reported recently, Robo.cash claims it’s been successful during the …
Reposition Sri Lanka: Attracting more FDI
In a globalized economy, Sri Lanka cannot survive in a closed economy. Thus, we have to open our economy selectively. There is a requirement to export products and value added raw material to attract …
Sri Lanka Debt Tumbles From Best to Worst in Asia on Virus Pain
(Bloomberg) — Sri Lanka has tumbled from best to worst in Asia’s dollar bond market, underscoring how fast the pandemic can chill sentiment toward weaker emerging-market assets. The island nation’s …
More loans could possibly leave Sri Lanka in the hands of China, warns top political economist
Following the recent visit of the Chinese delegation led by Yang Jiechi, a member of the Communist Party of China’s Politburo, Sri Lanka received a concessionary loan of US$500 million. Will this …
China’s snub to US Pompeo: ‘You ain’t welcome in Lanka’
Until and unless Sri Lanka formally solicited China’s opinion on the outcome of the talks, it was not the business of third party China to comment on it publicly beforehand, and cast aspersions on …
The Latest: Sri Lanka arrests dozens as cases climb
For the first time, Sri Lanka police have arrested dozens of people for not wearing masks and failing to maintain social distancing, under the new laws …
State Minister Cabraal dispels fears about Sri Lanka’s debt service capacity
State Minister of Money and Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal has said nobody should harbour fears of Sri Lanka’s ability to service its debt. Fears being expressed in …
Vision of US For Sri Lanka Very Different From ‘Predator’ China, Says Pompeo
Addressing a joint press conference with his Sri Lankan counterpart Dinesh Gunawardena after bilateral talks, the top US diplomat said that the US and Sri Lanka shared a democratic vision.
US counters China in Sri Lanka and Maldives by driving a wedge
The ideological choice that Washington is asking Sri Lanka and the Maldives to make comes with both countries beholden to China and its financial muscle. Multibillion-dollar loans arranged by …