The Civil Appellate High Court of the Western Province has dismissed all applications seeking to halt construction of Home Lands Group’s Pentara Residences in Thummulla, Colombo,
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Sri Lanka’s Official Creditor Committee (OCC) has approved the government’s proposed repayment structure for the defaulted SriLankan Airlines bond, marking a key milestone in the country’s broader debt restructuring process.
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Sri Lanka’s vehicle import surge that powered record tax revenues in 2025 is losing steam, and industry leaders warn the fallout could hit domestic manufacturers hard.
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Sri Lanka is exploring the use of infrastructure bonds to finance large-scale reconstruction following Cyclone Ditwah, as fiscal constraints limit the Government’s ability to fund rebuilding directly.
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Sri Lanka’s MSME sector is grappling with heavy losses following Cyclone Ditwah, with official data showing nearly 9,630 enterprises directly affected.
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The Government has raised about Rs. 10 billion through Sri Lanka’s first commercial 5G spectrum auction,
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The European Union (EU) has allocated a total of Euro 2.35 million of financial assistance to Sri Lanka.
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The Asian Development Bank (ADB) has launched a $40 million emergency assistance facility under its Trade and Supply Chain Finance Program (TSCFP) to support Sri Lanka’s recovery from the devastation of Cyclone Ditwah.
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The Executive Board of the International Monetary Fund is scheduled to meet on December 19 to consider Sri Lanka’s request for US$200 million under the Rapid Financing Instrument (RFI),
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Sri Lanka’s technology services sector is entering a phase of wage stabilisation as firms move away from crisis-era salary hikes,
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