BUSINESS

Govt expenditure swells by Rs. 1 tn in Dec ’22: FY ends with Rs. 4.47 tn

Govt expenditure in swells by Rs. 1 tn in Dec '22: FY ends with Rs. 4.47 tn

Japan promotes coordinated debt restructuring program for Sri Lanka.

Japan has agreed to promote coordinated debt restructuring program for Sri Lanka welcoming the government’s to begin discussions with the bilateral creditors on debt restructuring of US$ 7.1 billion out of the total $25.9 billion owed to external creditors.

SL’s first experience-oriented platform ‘Feelo’ announces maiden investor partnership

Feelo, a Sri Lankan startup company that offers unique experiential packages, has announced its first investor partnership just four months into business.

Investor-centric new investment policies and laws on the cards for BOI

A stable investment policy and a unified investment law is set to be introduced, making Sri Lanka the easiest and most attractive country in the Asian region for investment

IMF induces a strategy for SLs financial sector stability in DDR scenario

The Fund’s Asia and Pacific Department Director says IMF with the govt. will “flesh out a strategy” soon to safeguard financial sector in Domestic Debt Restructure scenario

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