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.
While tea and rubber have put Sri Lanka on the map, it is an opportune time for Sri Lanka’s plantation sector to diversify its product offerings to the world. Planters’ Association of Ceylon Chairman, Senaka Alawattegama emphasized.
Sri Lanka is to discuss the repayment of emergency credits from India separately from other defaulted debt, Central Bank Governor Nandalal Weerasinghe said.
Preliminary discussions on the setting up of International School at Colombo Port City in collaboration with three leading British independent schools were held in Colombo recently.
China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a US $2.9 billion bailout package for the country, days after India strongly backed the island nation's efforts to secure the loan from the global lender to recover from its worst-ever economic crisis.