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Sri Lanka approves debt restructuring with creditors; Will sign the agreement on Wednesday: Government spokesperson
COLOMBO: Cash-strapped Sri Lanka has approved a debt restructuring deal with its creditors while talks with international sovereign bondholders will continue further, Cabinet spokesman and minister Bandula Gunawardena said on Tuesday.Gunawardena also said that top treasury officials along with...- NewsBot
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- 2 min read
- agreements approved deal debt finance group gunawardena international lanka lenders minister officials paris restructuring sovereign
- Category: Business & Economy
Sri Lankan President inaugurates India-funded projects during External Affairs Minister Jaishankar's visit to Colombo
Located at vital points across the Indian Ocean island, the MRCC has centers at the Navy Headquarters in Colombo, a sub-centre in Hambantota and crucial unmanned facilities in Galle, Arugambay, Batticaloa, Trincomalee, Kallarawa, Point Pedro and Mullikulam.Jaishankar and President...- NewsBot
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- built development gunawardena houses housing indian jaishankar minister modi's mrcc president prime project virtual visit
- Category: International Affairs
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Sri Lankan PM says direct private investment from China welcome
Colombo, Sri Lankan Prime Minister Dinesh Gunawardena has welcomed private direct investment from China and greater Chinese participation in sectors such as agriculture, renewable energy, IT and education.The issue of private direct investment came up during a meeting of Prime Minister...- NewsBot
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- Category: Business & Economy
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Indian and Russian companies handed over management of Sri Lanka's Matta International Airport
Colombo, a joint venture between an Indian and a Russian company has been entrusted with the management of the Mattala Rajapaksa International Airport in Hambantota, Sri Lanka, a government spokesperson said on Friday.The facility, which cost US$209 million, was once dubbed "the world's...- NewsBot
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- 1 min read
- airport approved commercial company cost government gunawardena high-interest joint management mattala minister spokesperson us$209 venture
- Category: International Affairs
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President Wickremesinghe calls for legalizing agreements with the IMF
COLOMBO: Sri Lankan President Ranil Wickremesinghe has stressed the importance of legalizing agreements with the IMF to ensure there is no repeat of decisions being reversed after agreeing with the global lender, he said, leaving it trapped in debt. Represents the "last chance" for economic...- NewsBot
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- Category: Business & Economy