Sri Lanka to secure likely 6-year moratorium on debt owed to India, Paris Club

(LANKAPUVATH | COLOMBO) –  Sri Lanka is close to finalising a debt treatment plan with India and the Paris Club, sources familiar with the negotiations said, pointing to a likely moratorium of up to six years and a reduced interest rate during the repayment period.

"Sri Lanka to secure likely 6-year moratorium on debt owed to India, Paris Club"

Critical for Sri Lanka to finalize deals with official and external private creditors in timely manner – IMF

(LANKAPUVATH | COLOMBO) – Acknowledging that the independence of the Central Bank of Sri Lanka (CBSL) is an ‘absolutely key pillar’ under its program, the International Monetary Fund (IMF) has said that it is important to maintain a high degree of transparency to explain how the CBSL’s decisions are benchmarked.

"Critical for Sri Lanka to finalize deals with official and external private creditors in timely manner – IMF"

EXCELLENCE AWARDS 2023 FELICITATES THE BEST OF THE BEST

(LANKAPUVATH | COLOMBO) – The Sri Lanka Air Force Excellence Awards 2023 was held at the Eagles’ Lagoon View Banquet Hall, Katunayake under the patronage of the Commander of the Air Force, Air Marshal Udeni Rajapaksa. Outstanding performances of the Airmen and Airwomen within the Air Force were recognized and appreciated in order to motivate them to strive for continued excellence through dedication.

"EXCELLENCE AWARDS 2023 FELICITATES THE BEST OF THE BEST"

75 Years of Sri Lanka India Society

(LANKAPUVATH | COLOMBO) – The President of the Sri Lanka India Society (SLIS), Kishore Reddy, and the executive committee of the society organized a commemorative dinner to celebrate the 76th Independence Day of Sri Lanka and the 75th Republic Day of India, with H.E. President Ranil Wickremesinghe as the Chief Guest and H.E. Santosh Jha, High Commissioner of Sri Lanka to India, as the Guest of Honour. This year, the society is celebrating its 75th…

"75 Years of Sri Lanka India Society"

USHERING IN A NEW ERA AS PORT CITY COLOMBO BREAKS GROUND ON BUSINESS CENTER

(LANKAPUVATH | COLOMBO) –  A new era of innovation dawns for Sri Lanka as Port City Colombo breaks ground on its premier business park, the Business Center. This groundbreaking ceremony signifies a major milestone, not just for the project, but for the country’s ambition to become a leading regional hub for technology and commerce.

"USHERING IN A NEW ERA AS PORT CITY COLOMBO BREAKS GROUND ON BUSINESS CENTER"