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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)

The Local Consortium of Sri Lanka (LCSL), comprised of domestic commercial banks and financial institutions, has committed its full support for the Exchange Offer and Consent Solicitation launched today by the Government of Sri Lanka to restructure the US$12.55bn in outstanding International Sovereign Bonds (ISBs).. MORE..

26 Nov 2024 (7:54 PM)

The Ceylon Electricity Board (CEB) has strongly refuted recent claims regarding the revision of electricity tariffs. MORE..

26 Nov 2024 (1:35 PM)

The Colombo Magistrate s Court has issued notice on former Governor of the Central Bank of Sri Lanka (CBSL) Arjuna Mahendran to appear before the court on 25 February 2025 over a case filed by the Bribery Commission pertaining to the controversial bond issue in 2015. MORE..

26 Nov 2024 (1:08 PM)

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)

Sri Lanka has announced the official launch of the exchange of its outstanding International Sovereign Bonds (ISBs) totaling approximately USD 12.55 billion, as of 25 November 2024. MORE..

26 Nov 2024 (7:01 PM)