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The background to the International Sovereign Bond (ISB) settlement of USD 500 million on January 18, 2022 - Vimarsana News

The background to the International Sovereign Bond (ISB) settlement of USD 500 million on January 18, 2022

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 […]

Source: island.lk
Sri Lanka Insurance shines at Brand Finance's Most Valuable and Most Loved Brand Index – The Island - Vimarsana News

Sri Lanka Insurance shines at Brand Finance's Most Valuable and Most Loved Brand Index – The Island

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 […]

Source: island.lk
Reckitt committed to build healthier, cleaner Lanka - Vimarsana News

Reckitt committed to build healthier, cleaner Lanka

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 […]

Source: island.lk
Sri Lanka to save US$2.3bn, pay US$900 to multilaterals in next six months - Vimarsana News

Sri Lanka to save US$2.3bn, pay US$900 to multilaterals in next six months

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.

Govt halts foreign debt repayments pending a programme of IMF - Vimarsana News

Govt halts foreign debt repayments pending a programme of IMF

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 […]

Source: island.lk