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The Steering Committee of the Ad Hoc Group of Sri Lanka Bondholders has announced its support for the restructuring terms of all 11 series of Sri Lanka s c.$12.55 billion in outstanding sovereign bonds, as detailed in Sri Lanka s Exchange Offer and Consent Solicitation Memorandum published today. MORE..

26 Nov 2024 (7:13 PM)

Deputy Minister of Economic Development Prof. Anil Jayantha Fernando clarified the procedure for importing vehicles in the future, emphasizing the role of foreign reserve limitations in the process. MORE..

26 Nov 2024 (4:08 PM)

India has taken strict action against substandard food imports, rejecting consignments of items like apples, nuts, alcoholic beverages, and sushi from countries including China, Japan, Sri Lanka, Bangladesh, and Turkey. These products failed to meet the quality and safety standards set by the Food Safety and Standards Authority of India. MORE..

26 Nov 2024 (4:55 PM)