BUSINESS

Sri Lanka defaults ISB coupon payment for the first time in its history

Sri Lanka has committed default for the first time in its history as the government struggles to halt an economic meltdown that triggered mass...

New Anthoney’s Farms resilient and reaffirms poultry supply amidst economic challenges

17th May 2022 Photo caption: New Anthoney’s Farms Chairman/Co-Founder Emil Stanley (L) and CEO Neil Suraweera With the view of ensuring consumers continue to enjoy their favorite...

G7 backs debt relief efforts for Sri Lanka – draft communique

KOENIGSWINTER, Germany, May 19 (Reuters) - The Group of Seven economic powers support efforts to provide debt relief for Sri Lanka, G7 finance chiefs...

Ranil’s miracle comeback

Ranil’s miracle comeback

World Bank provides US$ 160 million to SL for essential imports  

The World Bank has released US$ 160 million to Sri Lanka to pay for essential imports and the Asian Development Bank’s financial assistance  is...

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