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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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ஆக தேர்வு செய்க
CEB secures US$150 mn ADB loan for transmission network expansion
The Asian Development Bank (ADB) has provided a $150 million loan to the Ceylon Electricity Board (CEB) to enhance Sri Lanka's electricity transmission infrastructure, focusing on improving grid reliability and inte...
2024-12-20
Daily Mirror
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Sri Lanka to hike withholding tax on deposits to 10-pct, low earners exempt
Sri Lanka will increase the withholding tax on deposits to 10% from 5%, with exemptions for lower-income brackets and measures to reclaim taxes for those in lower tax brackets, aiming to broaden the tax net rather than...
2024-12-18
Economy Next
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Sri Lanka GDP grows 5.5-pct in third quarter 2024
Sri Lanka's GDP grew by 5.5% in Q3 2024, driven by strong performance in construction, apparel, and services, supported by falling interest rates and increased imports of investment and intermediate goods.
2024-12-17
Economy Next
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SL wraps-up debt restructuring, setting country for rating upgrade
Sri Lanka has officially ended its foreign currency debt default, with 98% acceptance of a bond exchange offer for US$ 12.55 billion in defaulted bonds.  
2024-12-16
Daily Mirror
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