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Monday, March 20, 2023

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Business

Credit Suisse slump renews fears of global banking crisis

Aljazeera reported that Shares in Credit Suisse have plunged and dragged down other major European lenders as fears about deeper problems in the world...

CSE begins fresh week negatively; net foreign inflow ends after 10 days

The Colombo stock market began a fresh week on a sharply negative note amidst lacklustre investor interest. The active S&P SL20 index declined by 2.22%...

Mitsubishi to wind up Lankan operations next month

Japanese giant Mitsubishi Corporation has decided to wind up operations in Sri Lanka next month after being an integral part of bilateral ties and...

China’s Finance Minister, CB Governor to attend debt roundtable in India – IMF Managing Director

China’s Finance Minister and its Central Bank (CB) Governor will attend a roundtable with other creditors and some borrowing countries in February in India,...

UNDP to support Sri Lanka in achieving Sustainable Development Goals

Representatives of the United Nations Development Program said that Sri Lanka will be supported in achieving the country’s Sustainable Development Goals. They stated this during...

Bangladesh hopeful Sri Lanka will repay $ 200 million debt within timeframe

Bangladesh is expected to get back the money borrowed by Sri Lanka by September this year as the country’s economic situation is improving, according...

Exclusive: Paris Club to give Sri Lanka financing assurances amid IMF debt talks – sources

LONDON, Feb 2 (Reuters) - The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed...

Hatch Enters Partnership with Draper Startup House to Strengthen Sri Lanka’s Position as a Startup Nation

Award-winning startup ecosystem builder Hatch entered a strategic partnership with Draper Startup House, a global network of spaces connected to resources for entrepreneurs. Hatch...

Over 100,000 tourist arrivals recorded in Sri Lanka for January 2023

Sri Lanka has seen a significant increase in the number of tourist arrivals for the month of January 2023, compared to the numbers seen...

300,000 depart for foreign employment in 2022

Workers’ remittances in 2022 amounted to US dollars 3,789 million, in comparison to US dollars 5,491 million in 2021, recording a decline of 31.0...

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