Affected Debts News Today

P.H.O. Chandrawansa, Former Controller of Exchange The International Sovereign Bond settlement of USD 500 million on January 18, 2022, was routine and Parliament-approved budgeted debt repayment out of a total of approximately USD 7,100 million forex debt-servicing payments and Rs.3,000 billion local debt-servicing payments that were maturing in 2022. According to published information, that amount […]

The national insurer, Sri Lanka Insurance (SLIC), yet again affirms its superiority in the insurance industry here being the Most Loved Brand in the Life Insurance and General Insurance categories and Most Valuable General Insurance Brand at the Brand Finance’s Most Valuable and Most Loved brand index for the fifth consecutive year. SLIC said in […]

For over 60 years, Reckitt has been an integral part of the lives of all Sri Lankans, offering the market a range of solutions that have grown into household names in the consumer healthcare segment, enhancing the hygiene, health, and nutrition, of people across the country, said a press release. It said: The Reckitt team […]

Sri Lanka will avoid paying about 2.3 billion US dollars to external creditors over the next six months but will still have to service around 900 million dollars in debt to multilaterals, Central Bank Governor Nandalal Weerasinghe said.

Also seeks financial help from other partners to alleviate the suffering of masses The Ministry of Finance (MOF) yesterday announced the new the policy of the government concerning the servicing of Sri Lanka’s external public debt pending the completion of the government’s discussions with the International Monetary Fund (IMF) and the preparation of a comprehensive […]

Yields of 3 Month, 6 month and 1-year escalate to 19.71% The secondary market yield curve skyrocketed mainly in the short end of the curve whereas no rates were quoted for bonds maturing after 1Yr as uncertainty persisted for yet another week, a report by First Capital Research stated yesterday.  At the beginning of the […]

LAUGFS Supermarkets are rewarding their customers with exciting offers this Avurudu season. Everyone who meets the promotion’s requirements will receive a complimentary essential item. The offer extends the rewards to all customers without limiting the number of customers through a raffle draw promotion. Grab your free essentials with LAUGFS, when shop between Rs.1500/- – Rs.2999/- […]

The International Consortium of Investigative Journalists (ICIJ) claimed on April 11 that their investigations have shown, legions of Russia’s ruling elites have steadily been safeguarding their fortunes elsewhere. And they’ve had an entire industry of white-collar professionals helping to hide their wealth, out of sight and out of reach from international authorities. Referring to Pandora […]

Ceylon Facet, a leader in the gem cutting and polishing industry in Sri Lanka, was recently felicitated with a gold award at the National Industrial Excellence Awards 2022 organised by the Industrial Development Board (IDB). Ceylon Facet won the award in the medium and large-scale category of the gem and jewelery sector. The award was […]