Sri Lanka unconcerned with Adani Group’s dealings with other countries – report
COLOMBO (Reuters) – Sri Lanka is unconcerned about the Adani Group’s dealings with other countries and only focused on itsContinue Reading
Category: Business Briefing
Modi says India plans to supply LNG to Sri Lanka, connect power grids
NEW DELHI (Reuters) – India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work onContinue Reading
Adani Ports Withdraws DFC Funding Request for Colombo Port Project of $553 million
(Reuters) -India’s Adani Ports and Special Economic Zone Ltd said on Tuesday it would finance its Colombo port terminal projectContinue Reading
Sri Lanka Welcomes U.S Sanctions On Former Ruling Rajapakse Clan
(AFP)-Sri Lanka’s new government Tuesday welcomed US sanctions against two senior figures from the former ruling Rajapaksa family over twoContinue Reading
U.S sanctions targets include former SriLankan Airlines CEO & Rajapakse relative
The U.S. State Department announced a slew of sanctions on Monday to mark International Anti-Corruption Day and the eve ofContinue Reading
Sri Lanka To Ink Debt Deals By Year’s End- Minister
(AFP)-Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the month before a 2025 budget adheringContinue Reading
Moody’s may raise Sri Lanka’s credit rating
(Reuters) -Moody’s may raise Sri Lanka’s ‘Ca’ long-term foreign currency rating, the credit ratings agency said on Wednesday, following theContinue Reading
Adani hit by downgrades as projects under review in India, Sri Lanka
(Reuters) -Adani Group’s troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate,Continue Reading
U.S development agency ‘assessing ramifications’ on Adani’s Sri Lanka project
(Reuters) -A U.S. agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations againstContinue Reading
Sri Lanka’s President makes U-turn on IMF bailout
(AFP/Reuters)-Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiateContinue Reading
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