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3 days ago · Sri Lanka revokes power purchase deal with Adani Group, AFP reports. Reuters – Sri Lanka has revoked a power purchase deal with India’s Adani Group after a probe into U.S. …
Sri Lanka records highest ever export revenue of USD16.17 bn in …
8 hours ago · The latest report from the Sri Lanka Export Development Board reveals that the country achieved a record-breaking total export revenue of US$ 16.17 billion in 2024. This …
Sri Lanka revokes power purchase deal with Adani Group, AFP …
3 days ago · Reuters – Sri Lanka has revoked a power purchase deal with India’s Adani Group after a probe into U.S. allegations that the conglomerate’s executives paid bribes to secure …
Business Sentiment: Confidence at a 10 year high
5 hours ago · The index soars for the fourth consecutive month as economic indicators strengthen Recent upgrades by international rating agencies and healthy economic indicators have …
Adani refutes claims of wind power project cancellation
3 days ago · The Adani Group has denied reports that its 484 MW wind power projects in Mannar and Pooneryn have been cancelled, calling them “false and misleading.” In an official …
Sri Lanka's Economy Stabilized; Continued Reforms Critical to …
Oct 10, 2024 · Sri Lanka’s economy has stabilized, with growth expected to reach 4.4 percent in 2024, surpassing earlier forecasts. This positive outlook follows four consecutive quarters of …
Sri Lanka holds rates steady, sees rosy inflation, growth outlook
Sep 27, 2024 · Reuters – Sri Lanka’s central bank kept interest rates unchanged on Friday in line with expectations, citing domestic and global uncertainties, but said inflation was likely to …
Sri Lanka's Economic Turnaround: A Beacon of Resilience and …
Jun 27, 2024 · By Jithendra Antonio In a historic address to the nation on June 26, Sri Lankan President Ranil Wickremesinghe announced the successful signing of bilateral debt …
Sri Lanka targets debt restructuring framework in first 6 months of ...
Reuters – Sri Lanka expects to implement a debt restructuring framework within the first six months of 2024, the country’s president said on Wednesday, expressing confidence that the …
Remarkable Surge in Agricultural Exports in First Half of 2024
Jul 16, 2024 · Of the USD 250.9 million expected to be settled from tea exports to Iran for fuel debt, US$ 55 million has been paid so far – Chairman of Sri Lanka Tea Board. A Coconut …