Tag: SL Government
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Sri Lankan Airlines suspends its sovereign bond interest payments
The Sri Lankan Authorities relay the announcement by Sri Lankan Airlines Limited that it has launched consent solicitation to its holders of US$175 million sovereign guaranteed bond of the national carrier with 7 percent interest due in 2024.
France steps in to assist SL dairy development projects with private sector
France is ready to accelatreate Sri Lanka’s s dairy development projects with the active involvement of the private sector.
People celebrate Christmas amidst cake price goes up to Rs 1500 per kg
Due to a shortage of eggs and the high price of ,margarine and wheat flour in the local market, the price of a kilo of cake has been increased up to Rs. 1,500 during this Christmas season, All Ceylon Bakery Owners’ Association (ACBOA) President N.K. Jayawardena disclosed
Sri Lanka, India discuss financial transaction in rupees for tourism
With more Indian tourists visiting the island nation recording the second highest number of arrivals up to now this year, India and Sri Lanka held discussions on ways of improving financial transactions for tourism.
Sri Lanka’s economy contracts amidst input and supply disruptions
The Sri Lanka’s economy contracted by 4.8 percent year-on-year in 2022 with most of key economic indicators contracted, amid shortages of inputs and supply chain disruptions. High frequency indicators such as the purchasing managers’ indices indicate a continued stress this year.