Tag: SL Government
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Sri Lanka compels to clear another hurdle of domestic debt restructuring
Sri Lanka is to clear another hurdle of massive domestic debt restructuring as external creditors want more details of government debts before formal negotiations, informed sources said.
China’s assurance for SL debt restructuring hangs on the IMF balance
China’s offer to Sri Lanka of a two-year moratorium on its debt is not acceptable as its in adequate and without haircut to enable Sri Lanka to receive the clear the path for the International Monetary Fund (IMF) board approval for US $2.9 billion Extended Fund Facility , informed sources said.
Sri Lanka takes initial strides to tap Spanish tourist market in a big way
Spain is one of the fastest recovery markets for Sri Lanka Tourism after the pandemic and participation in FITUR argues well for the much-needed exposure for Sri Lanka as an attractive tourism destination for Spanish-speaking countries, SL tourism promotion bureau sources revealed.
Sri Lanka to regularize mobile phone business issuing import license
Sri Lanka in its way towards high digital connectivity is set to regulate the mobile phone industry by making licenses to import handsets with the aim of busting the snuggling and grey market, finance ministry sources said.
CDS signs up with Lanka IOC PLC to act as Registrar
The Central Depository Systems (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), recently signed a service agreement with Lanka IOC PLC as the registrar for Lanka IOC PLC, with effect from 01st of January 2023.