Port City Reveals investor interest growth with its Economic Commission delivers rapid progress in 2023
The Colombo Port City Economic Commission has unveiled its Comprehensive Progress Report covering the period from January to August 2023,
Fitch Upgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CCC-‘
Fitch Ratings has upgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘RD’ (Restricted Default). Fitch typically does
SriLankan Airlines Partners with Virgin Australia and Expands in Australia
SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline’s network in Australia
SriLankan Airlines’ Pioneering Aviation Workshop for Journalists a Runway Success
SriLankan Airlines wrapped up a successful, pioneer two-day workshop on airline operations for local journalists from 13 – 14 September
President is ready to give judicial powers to the port city
President Ranil Wickremesinghe has announced the introduction of a new law to transform the Port City into a Financial Zone.
Sri Lanka pays off $200m loan from Bangladesh with $4.5m interest
Sri Lanka has paid off the entirety of the $200 million loan from Bangladesh, taken through a currency exchange agreement
LOLC buys 90% stake in a Rwandan bank
LOLC Holdings yesterday disclosed that its sub-subsidiary LOLC Mauritius has acquired 90% stake in Unguka Bank PLC in Ruwanda for
CBSL announces new governing body
The newly established Governing Board of the Central Bank of Sri Lanka, constituted under the provisions of the recently promulgated
Former UK PM David Cameron to promote SL, Colombo Port City
Former UK Prime Minister David Cameron is to promote the Colombo Port City at a roadshow showcasing investment opportunities and
SL apparel industry needs to firm up vertical integration, import substitution: FAAMA
The Fabric Apparel Accessory Manufacturers Association (FAAMA) asserted the need for the local apparel sector to firm up vertical integration