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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 conclude most SOE sales by August; Srilankan by Sept
Sri Lanka's government-led State-Owned Enterprises Restructuring Unit (SOERU) is striving to conclude divestiture transactions for a range of State-Owned Enterprises (SOEs), including Hotel Developers Lanka Ltd, Canwill Holdings Pvt Ltd,...
2024-04-18
Economy Next
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Verité Research mooted Governance-Linked Bonds figure in London talks
Verité Research's Governance-Linked Bond (GLB) proposal, featured prominently in recent discussions between the Sri Lankan government and external commercial creditors in London, introduces a novel mechanism to align debt repaymen...
2024-04-17
Daily FT
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Eyeing Green Bonds, Sri Lanka State FinMin takes part at WB Biodiversity Financing forum
Sri Lanka, amidst its economic recovery efforts, is exploring innovative avenues for financing its green initiatives. State Finance Minister Shehan Semasinghe participated in the World Bank's Bio-Diversity Financing Forum, signaling the...
2024-04-17
Economy Next
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Recovery at stake as deal with bondholders delays: Economists
Economists warn that Sri Lanka's failure to reach a restructuring agreement with its bondholders by the set deadline could severely hinder the nation's recovery efforts. With over US$12 billion in outstanding bonds and accumulating arrears, delays in finalizin...
2024-04-17
Daily Mirror
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