Sri Lanka's only business publication | Daily FT
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No economic policy will work with rampant corruption | Daily FT
WEB3 days ago · Going to the IMF 17 times is adequate proof that all economic policies of the past have not worked due to rampant corruption . Generally, at crucial times like elections, many people try to become economic wizards by expressing concerns of economic policy without having even a semblance of understanding of how a country’s economy, the …
Sri Lanka secures $17.5 billion debt restructuring agreement with …
WEB4 days ago · Sri Lanka secures $17.5 billion debt restructuring agreement with key creditors. Thursday, 19 September 2024 20:30 - - 71. On September 19, 2024, Sri Lanka announced that it had reached agreements in principle to restructure around $17.5 billion of external commercial debt. Group Sites.
Canton Fair organisers visit EDB to scale up trade relationship …
WEB3 days ago · A delegation from the Canton Fair Operations Department of China visited the Sri Lanka Export Development Board (EDB) on 30 August 2024 to scale up trade relations between the two countries by participating in trade promotional events such as Canton Fair 2024. China was the 10th largest export destination for Sri Lanka in 2023. The total …
Presidenshel Elecshen Gide | Daily FT
WEB4 days ago · Presidenshel Elecshen Gide. Thursday, 19 September 2024 00:00 - - 166. by Chaminda Pusswedilla, Former Two-Times President, Three-times Presidenshel Elecshen. (PE) Candidate, Two-Times Winner and One-Times First Runners-up. PART 4.
Ranil says SL to exit bankruptcy today | Daily FT
WEB4 days ago · Ranil says SL to exit bankruptcy today. Thursday, 19 September 2024 00:22 - - 421. Govt. to hold talks with International Sovereign Bondholders. IMF representatives to visit Sri Lanka in two weeks to disburse next tranche. Says responsibility given by people two years ago successfully fulfilled. “Puluwan Sri Lanka” was the goal then to ...
Raja Bhavatu Dhammiko: May the ruler be righteous | Daily FT
WEB4 days ago · When we reflect on our current predicament we can see how we have treaded the vicious instead of the virtuous cycle expounded in the Dhamma . Devo vassatu Kalena (may the rains fall in due season) Sassa sampattu hetu ca (may there be a rich harvest) Phito bhavatu loko ca (may the world prosper) Raja bhavatu dhammiko (may the ruler …
TISL challenges Companies (Amendment) Bill | Daily FT
WEB3 days ago · Expresses concern that the Bill hinders the Right to Access Information. The Transparency International Sri Lanka (TISL) has filed legal action in the Supreme Court challenging the Bill issued on 6 August 2024 to amend the Companies Act No. 07 of 2007. The case was taken up on Wednesday and Thursday. The amendment introduced a …
Market Overreaction: Is it time to buy? | Daily FT
WEB4 days ago · Marketing : +94 011 247 9540. +94 011 247 9873. Web Advertising Inquiry : Dilan : +94 77 372 7288. Print Advertising : Chameen Dayarathne, Manager - Marketing,
DFCC’s first green bond draws 72 applications worth Rs. 3.1 b
WEB3 days ago · DFCC Bank’s green bond issue, the first in Sri Lanka, had drawn 72 applications worth Rs. 3.16 billion. The issue was to raise Rs. 2.5 billion via 20 million senior, listed, rated, unsecured, redeemable, green three-year bonds at Rs. 100 each with an option to issue a further 5 million said debentures in the event of an oversubscription …