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SriLankan loses Rs. 12.9 b in Q1
SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...
2024-11-05
The Morning
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India top lender to Sri Lanka in 2022
India has disbursed or agreed to give Sri Lanka 1.55 billion US dollars in 2022 to make imports, as the country went through the worst currency crisis in the history of the island’s central bank, official data show.
2022-11-21
Economy Next
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Sri Lanka likely to lose IMF deadline due to China’s lack of interest
Sri Lanka is likely to miss the December deadline for securing the International Monetary Fund (IMF) loan since the main bilateral debtor China has shown little or no interest in restructuring debt with Sri Lanka, financial analysts based in...
2022-11-19
Daily Mirror
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Sri Lanka tax revenues surge 38-pct to August 22 as economy inflates, budget deficit down
Sri Lanka state revenues surged 38 percent from a year earlier to 1,448 billion rupees in the eight months to August 2022, Finance Ministry data showed as the economy inflated in the wake of a currency collapse after two years of money print...
2022-11-18
Economy Next
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FVMP debt increases to Rs 3.42T
Government of Sri Lanka’s (GoSL’s) face value (FV) MP debt increased by 5.63 per cent (Rs 182,411.82 million) to a record high Rs 3,424,696.95 million (Rs 3.4247 trillion) on Tuesday (15 November), due to a persistent lack of rev...
2022-11-17
Ceylon Today
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