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Sri Lanka commercial banks exhaust MSME loan quotas; Ministry to allocate new funds
EconomyNext 3 months ago
Sri Lanka commercial banks exhaust MSME loan quotas; Ministry to allocate new funds

Commercial Bank, HNB, and NDB have exhausted their loan quotas, minister said

Sri Lanka rupee weaker, bond yields broadly steady
EconomyNext 3 months ago
Sri Lanka rupee weaker, bond yields broadly steady

Stocks were trading down

Sri Lanka’s John Keells sells Cinnamon Citadel for Rs2.7bn
EconomyNext 3 months ago
Sri Lanka’s John Keells sells Cinnamon Citadel for Rs2.7bn

John Keells Hotels will maintain its current branding and management for at least one year

Sri Lanka sells Rs87.02bn in 2030, 2034 and 2036 bonds
EconomyNext 3 months ago
Sri Lanka sells Rs87.02bn in 2030, 2034 and 2036 bonds

Of an offered 130 billion

Sri Lanka rupee weaker, bond yields broadly steady
EconomyNext 3 months ago
Sri Lanka rupee weaker, bond yields broadly steady

Rupee depreciated

UN-flagged Nanson arrives in Sri Lanka for research after approval delayed 8 months ago
EconomyNext 3 months ago
UN-flagged Nanson arrives in Sri Lanka for research after approval delayed 8 months ago

Nanson will work jointly with Sri Lanka scientists and NARA in marine research

Sri Lanka stocks close down 1.63-pct, capital goods push turnover
EconomyNext 3 months ago
Sri Lanka stocks close down 1.63-pct, capital goods push turnover

Market turnover was 4.1 billion rupees.

Sri Lanka approves appointments of 10 envoys
EconomyNext 3 months ago
Sri Lanka approves appointments of 10 envoys

Including Iran, Palestine and Israel

Colombo Fashion Week a platform for destination marketing, global collaboration
EconomyNext 3 months ago
Colombo Fashion Week a platform for destination marketing, global collaboration

Platform to be used for destination marketing through fashion, arts and culture

Sri Lanka stocks trend down midday, turnover driven by capital goods
EconomyNext 3 months ago
Sri Lanka stocks trend down midday, turnover driven by capital goods

Turnover was 1.82 billion rupees.

Prolonged Iran disruption raises credit risk for APAC ports, airports: Fitch Ratings
EconomyNext 3 months ago
Prolonged Iran disruption raises credit risk for APAC ports, airports: Fitch Ratings

APAC port and airport operators would face mixed but increasingly negative credit effects

ADB reaffirms support for Sri Lanka’s recovery and reform
EconomyNext 3 months ago
ADB reaffirms support for Sri Lanka’s recovery and reform

ADB is ready to provide more than 1 billion dollars annually to Sri Lanka from 2026 to 2029, the glo…