BUSINESS

SL to negotiate with Paris Club, other lenders on debt restructuring

Sri Lanka government will seek international sovereign bond payment extensions from Paris Club lenders and other creditors following its decision to work out a...

Sri Lanka’s extreme money printing spells economic doom

Sri Lanka’s continuation of extreme money printing since 2020 up to now has been exerting pressure on the exchange rate and inflation to a...

Sri Lanka banking sector grapples in internal and external pressure

Sri Lanka’s inability to repay mounting foreign debt including a US$1 billion International Sovereign Bond in July and some Chinese Bank loans has become...

 Government to contact  Paris Club and other lenders on debt restructuring 

Sri Lanka government will seek international sovereign bond payment extensions from Paris Club lenders and other creditors following its decision to work out a...

India to build Sri Lanka wind farms in Jaffna replacing China

India has agreed to develop three Sri Lankan wind farms on islets between the countries, officials said Tuesday, in a victory for New Delhi...

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