Financial services company Lazard & law firm Clifford Chance appointed for debt restructuring
The Cabinet has previously approved the provision of the services of an International Financial Adviser and an International Legal Adviser for the …
The Cabinet has previously approved the provision of the services of an International Financial Adviser and an International Legal Adviser for the …
By Usha Perera Sri Lanka’s education sector, still reeling from the effects of the COVID-19 pandemic, now faces acute challenges due to the current political …
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index increased to 33.8% in April 2022 from 21.5% in March …
The new Secretary to the Ministry of Foreign Affairs, Aruni Wijewardane assumed duties at the Foreign Ministry on 23 May, 2022. She was appointed as the …
Fitch Ratings has affirmed the rating on SriLankan Airlines Limited's (SLA) USD175 million government-guaranteed 7% unsecured bonds due 25 June 2024 at 'C'. …
Statement on Sri Lanka Defaulting on Foreign Debt Payments by Eran Wickramaratne M.P., Former State Minister of Finance On 12 April 2022, Sri Lanka suspended …
Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'RD' (restricted default) from 'C'. Fitch typically …
As the WHO states asthma is a major non communicable disease characterized by recurrent attacks of breathlessness and wheezing. It often starts in childhood …
Manufacturing PMI declined significantly in April 2022, following the seasonal pattern and indicating a contraction in manufacturing activities on a …
SJB Parliamentarian Eran Wickramaratne said that although Prime Minister Ranil Wickremesinghe had proposed that a female be elected unopposed to the vacant …
Asia Pacific Technology Systems (APTS), an award-winning Information Technology Solutions provider in the region, is gearing for its next phase of growth …
South Asia Textiles (SAT), a fully-owned subsidiary Hayleys Fabric PLC, also joined its parent company in committing to the Science-Based Targets initiatives …
The Ceylon Chamber of Commerce officials met with the leaders of several key political parties during the last 4 days to discuss the serious economic and …
Sri Lanka's Prime Minister Ranil Wickremesinghe said that he proposes to privatize loss-making SriLankan Airlines. SriLankan Airlines has been fraught with …
May 13, 2022 (LBO) - Business leaders in Sri Lanka say the new Prime Minister Ranil Wickremesinghe should be given a chance to resuscitate the economy. …
The Sri Lankan mutual fund industry experienced large outflows in March 2022 with total assets under management (AUM) shrinking by more than 8% to LKR178 …
Total assets cross Rs 2 Tn., first private sector bank to achieve the milestone Mainly influenced by Rupee devaluation, loan book grows by Rs 133 Bn., deposits …
The Colombo Fort Magistrate’s Court has imposed an overseas travel ban on Former Prime Minister Mahinda Rajapaksa and 16 others. The list includes …