LNP – Govt. renews call for debt service standstill from multilateral lenders
Finance State Minister says move could free up resources to provide more relief to people Current debt service suspension initiative
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Business
LNP – Softlogic Life Insurance strikes big!
Secures US $ 15mn funding from Finnfund and Norfund Inks US $ 15mn financial reinsurance deal with MunichRe Softlogic Life
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LNP – India’s economic growth hit by record slump following virus lockdown
Indian GDP contracts 24% in first quarter (Mumbai) AFP: India’s economic growth suffered a historic 23.9 percent decline between April
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LNP – Colombo consumer prices ease in Aug.
Headline inflation slows down to 4.1% from 4.2% in July Non-food inflation contracts by 0.2% due to lower spending on
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LNP – Harsha Amarasekera assumes duties as Sampath Bank Chairman
Harsha Amarasekera PC was appointed as the Chairman (Non-Executive, Non- Independent) of Sampath Bank PLC with effect from 30th August
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LNP – BOI to promote FDI from UK
Direct General, BOI Sanjaya Mohottala, met British High Commissioner Sarah Hulton at the High Commissioner’s residence recently to discuss investment
Read moreLNP – Sharp fall in proxy lending rate for SMEs in July
AWNLR falls sharp 131bps to 9.87% indicating significant boost to small biz Decline in prime lending rate close to its historically
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Belgium, Singapore, Japan and Korea signal willingness to invest in Port City
“Many investors from Belgium, Singapore, Japan, and Korea have pledged their willingness to commence various trade activities in the Colombo
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LNP – Prasanna to make case for re-opening BIA to tourists before Cabinet
Tourism Minister Prasanna Ranatunga will present to the Cabinet the case for re-opening the Sri Lankan borders as early as
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LNP – Stock market soars on strong Cabinet; improved outlook with political stability
Market capitalisation up by Rs. 32 b during two days S&P SL 20 Index up over 2%; Commercial Bank and
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