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UNP leader Ranil Wickremesinghe says the current crisis will continue for 5 years
United National Party (UNP) leader and former Prime Minister Ranil Wickremesinghe fears the current crisis will continue for 5 years.
Speaking at the All Party...
CTCLSA calls for restructure of domestic debt not only foreign borrowing
In the wake of mounting domestic borrowings , stockbroking firm CTCLSA has suggested the government to restructure domestic debt along with foreign debt restructuring...
Sri Lanka on its worst route as Lebanon
Lebanon has recently joined the list of countries facing the worst economic crisis in the world. We can partially guess what the next country...
SL requests Australia to provide a loan of US $ 200 million
Sri Lanka has requested the Australian Government to provide a loan facility of US $ 200 million. This loan facility is required to obtain...
Sri Lanka bondholders tap legal adviser for sovereign-debt restructuring talks
A group of investors in Sri Lanka’s sovereign bonds has hired law firm White & Case LLP to advise on debt negotiations as the...