BUSINESS

SL Dollar earning-rich companies confident  of economic recovery 

Several Sri lankan companies earning US dollars from foreign operations /subsidiaries expressed confidence of economic recovery in the island nation with collective efforts of...

Fitch downgrades Sri Lanka to ‘restrictive default’

COLOMBO: New York-based ratings agency has downgraded debt-ridden Sri Lanka's sovereign rating to “restricted default” after the country defaulted on making international sovereign bond...

Japan Provides US$ 1.5 Million Emergency Aid to Sri Lanka

The new Sri Lanka administration led by PrimeMinister Ranil Wickremasinghe with 44 years experience in local politics and close relations with friendly countries is...

G7 supports debt relief efforts for Sri Lanka

The Group of Seven economic powers support efforts to provide debt relief for Sri Lanka, G7 finance chiefs said on Thursday in a draft...

India permits SL to settle US $1 bn credit facility in Indian rupees.

The Reserve Bank of India said that India’s trade transactions with Sri Lanka, falling under a recent credit facility agreement with Sri Lanka, may be...

Popular

spot_imgspot_img