BUSINESS

Major Shipping Lines evade  Colombo Port in political crisis  

Major international shipping lines have removed the Colombo Port from the list of its service ports following the failure to provide required services for...

Central Bank  takes Extraordinary Measures to support the Banking Sector

The Central Bank, considering the prevailing macroeconomic conditions and its impact on the banking sector, has decided to implement the following regulatory measures to...

UK begins talks with Paris Club on Sri Lanka Debt Restructuring   issue 

Sri Lanka is getting ready for its debt restructuring process with bond holders following the appointment of international financial and legal advisors Lazard and Clifford...

BPPL secures US$ 15 million from the U.S Development Finance Corporation

Sri Lanka’s plastic recycling capabilities and infrastructure are set to soar with BPPL Holdings PLC, the country’s pioneer in the field, securing long-term funding...

World Bank rules out new financing to Sri Lanka

The World Bank on Tuesday said it is not planning to provide any new financing to cash-strapped Sri Lanka until an adequate economic policy...

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