Exclusive articles:
Mattala International Airport records massive losses of over Rs 20 billion
Sri Lanka’s state-run Airport and Aviation Services Limited says the company’s Rs 1.6 billion loss up to June 2022 came from foreign exchange denominated loans and cost on borrowings for Mattala airport and the company is usually profitable.
Sri Lankan Airlines suspends its sovereign bond interest payments
The Sri Lankan Authorities relay the announcement by Sri Lankan Airlines Limited that it has launched consent solicitation to its holders of US$175 million sovereign guaranteed bond of the national carrier with 7 percent interest due in 2024.
France steps in to assist SL dairy development projects with private sector
France is ready to accelatreate Sri Lanka’s s dairy development projects with the active involvement of the private sector.
Chinese-Funded Projects aggravates Sri Lanka’s Economic Distresses
During the past decade, China funded the construction of massive infrastructure projects in Sri Lanka meant to boost the island nation’s economy.
Several SL firms indirectly cause marine pollution: survey report
Several Sri Lanka’s consumer goods firms have been alleged of dumping packaging waste contributing to marine pollution, a conservation organization survey revealed.