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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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ஆக தேர்வு செய்க
Sri Lanka to buy wind power from Adani for 8.26 US cents
Sri Lanka is purchasing power from wind plants developed by Adani Green Energy Limited of India. The agreed price for the power is...
2024-05-07
Economy Next
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Budget deficit narrows to single digits on higher taxes, recovery in economy
In 2023, Sri Lanka cut its budget deficit to 8.3% of GDP from 10.2% in 2022, despite unpopular tax hikes, in exchange for a $2.9 billion IMF bailout over four years.
2024-05-06
Daily Mirror
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Proposed GDP-linked bonds could attract investors
Sri Lanka is restructuring its defaulted $13 billion debt through macro-linked bonds, as reported by the Financial Times. These bonds would track the country's recovery and include GDP...
2024-05-06
The Morning
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Sri Lanka to benefit from USD 5 bn Asian Development Fund 14
Donors and the Asian Development Bank (ADB) have committed USD 5 billion for ADB’s Asian Development Fund (ADF) 14 and Technical Assistance Special Fund (TASF) 8. ADF 14, spanning 20...
2024-05-06
Daily News
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