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Sri Lanka’s Hayleys Rs7bn debt issue assigned ‘AAA(lka)’ by Fitch Ratings
EconomyNext 1 month ago
Sri Lanka’s Hayleys Rs7bn debt issue assigned ‘AAA(lka)’ by Fitch Ratings

The debentures are rated in line with Hayleys' National Long-Term Rating and existing unsecured note…

The little town making nearly all of China's lanterns
BBC Asia 1 month ago
The little town making nearly all of China's lanterns

A remarkable 80% of the country's lanterns are still made by hand in one small town in Hebei Provinc…

Sri Lanka central bank surveys VASPS
EconomyNext 1 month ago
Sri Lanka central bank surveys VASPS

To obtain information on virtual asset service providers (VASPS).

Kabul rocked by blasts as Afghan, Pakistani troops intensify border clashes
© Reuters 1 month ago
Kabul rocked by blasts as Afghan, Pakistani troops intensify border clashes

AFP journalists in Kabul heard multiple explosions and gunfire on Tuesday as Afghan and Pakistani t…

Sri Lanka stocks plunge amidst Middle East tensions, triggering market halt
EconomyNext 2 months ago
Sri Lanka stocks plunge amidst Middle East tensions, triggering market halt

Market halted due to the S&P SL20 index dropping over 5% from the previous close

Iran says it has not yet used its most advanced weaponry
© Ohad Zwigenberg, AP 2 months ago
Iran says it has not yet used its most advanced weaponry

Iran is ready for a long war against the United States and Israel and has so far not used its most …

Sri Lanka rupee depreciates, bond yields seesaw
EconomyNext 2 months ago
Sri Lanka rupee depreciates, bond yields seesaw

Rupee depreciated sharply on Middle East tension

Businessman arrested for hoarding 400 liters of diesel in Gampaha
OnLanka 2 months ago
Businessman arrested for hoarding 400 liters of diesel in Gampaha

A businessman has been arrested in Buthpitiya, Gampaha for stockpiling 400 liters of diesel, as spec…

Iran closes Strait of Hormuz, threatens to attack ships, putting 20% of global oil supply at risk
OnLanka 2 months ago
Iran closes Strait of Hormuz, threatens to attack ships, putting 20% of global oil supply at risk

Iran has closed the Strait of Hormuz and warned it will fire on any ship trying to pass, in a move t…

Sri Lanka’s capex to bring high returns to economy in multiple years: Treasury Secy
EconomyNext 2 months ago
Sri Lanka’s capex to bring high returns to economy in multiple years: Treasury Secy

Capex to have appropriate returns to the economy