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New Anthoney’s Farms (Private) Ltd, a leading producer in Sri Lanka’s poultry sector with a distinctive reputation for quality and innovation, recently bought 100pct stake in Gold Coin Feed Mills (Lanka) Ltd from Gold Coin Management Holdings Pte Ltd and Glen Arbor Holdings (Singapore) Pte Ltd, both of whom are subsidiaries of Aboitiz Equity Ventures Inc (“AEV”). With this acquisition ...
By Hiran H. Senewiratne CSE trading activities were positive from the beginning yesterday and shares rosé to register their highest close in more than three and a half months. Of particular importance was the news that Paris Club members had expressed their willingness to provide financial assurances on Sri Lanka’s debt restructuring effort. This had […]
Bank of Ceylon, bringing forth its innate commitment towards Sri Lanka, introduces “BOC My Sri Lanka” Foreign Currency Fixed Deposit account that offers attractive incentives to the account holder while encouraging them to enhance the country’s foreign currency position. The immediate purpose of this initiative is to facilitate the collaborative effort of enhancing the country’s [̷...
[…]The post Aiyo Sirisena! Cut Out The Bluff! appeared first on Colombo Telegraph.
China’s government on Friday confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in foreign debt that pushed it into a financial crisis.The post China confirms two-year debt moratorium offer for Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The Government has defended the event held in Kandy for the presentation of the credentials by a group of foreign envoys. Eleven newly appointed Ambassadors and six High Commissioners to Sri Lanka presented their credentials to President Ranil Wickremesinghe last afternoon (02) at the Presidential Palace in Kandy. New Ambassadors had been appointed to Cote […]
China today (Feb. 03) confirmed that its Export-Import Bank is offering Sri Lanka a two-year moratorium on loan repayments.
Sri Lanka’s international bondholders group was prepared to engage with the island nation’s authorities in debt restructuring talks consistent with the parameters of the IMF Programme, their legal adviser, White & Case LLP, said.The post Sri Lanka bondholders ready for debt restructuring talks with authorities appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...
Chinese Foreign Ministry Spokesperson Mao Ning has replied to comments made by Under Secretary of State for Political Affairs of the United States, Victoria Nuland.The post China responds to Victoria Nuland’s comment on Debt Relief to Sri Lanka appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
A total of 150 motorcycles, 74 vehicles and 115 pieces of search equipment have been handed over to the Sri Lanka Police by Japanese State Minister for Foreign Affairs, Takei Syunsuke.
[…]The post Review Of Dr W.A Wijewardena’s Book ‘A Child’s Guide To Ranilnomics, Cryptos & Currency Boards’ appeared first on Colombo Telegraph.
[…]The post Sri Lanka: Surviving The 75th Year Of Independence appeared first on Colombo Telegraph.
State Minister for Foreign Affairs and Pakistan People s Party leader Hina Rabbani Khar will undertake a two-day visit to Sri Lanka from today (03 Feb.).
China has hit back at the remarks made by US Under Secretary of State for Political Affairs, Victoria Nuland that the terms extended by China to Sri Lanka to unlock IMF debt relief remain insufficient.
Labour and Foreign Employment Minister Manusha Nanayakkara said that the country’s foreign income from those involved in foreign employment is expected to increase to US$ 1 billion this year.The post Worker remittances to top US$ 1 Billion this year – Minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Why Are The Structural Changes Necessary? appeared first on Colombo Telegraph.
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