Originally planned for August 2022, the much-awaited Lanka Premier League (LPL) 2022 has been rescheduled for December 2022. The decision to move LPL 2022 to the end of the year was taken collectively by Sri Lanka Cricket (SLC) and IPG Sports, the Rights Holder of the tournament, in order to maximize attendance and deliver the…
Announces national proposal for future-focused technology and digitally empowered citizens to usher change and growth SLT-MOBITEL, the leading communication and technology service provider in Sri Lanka announced a national proposal to enhance critical services and sectors, and digitally empower citizens. SLT-MOBITEL, one of the most powerful players in the telecommunications and technology sector, cites archaic…
SriLankan Airlines says it is pleased to announce that the company has taken the necessary steps to settle the interest relating to its U.S.$175,000,000 / 7.00 per cent guaranteed bond due in 2024 and guaranteed by the Government of the Democratic Socialist Republic of Sri Lanka (ISIN iXS2010609662). The interest was paid in full within…
Bloomberg – Sri Lanka’s new President, Ranil Wickremesinghe, had sought the top job for decades. Now he has to find ways to avoid the fate of his predecessor as he fends off protesters who’re angry about persistent food and fuel shortages. The veteran politician was sworn in last week after months of protests escalated, forcing…
Reuters – Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably, Colombo’s envoy to Beijing said on Monday as it negotiates for an emergency $4 billion package to help it emerge from an economic meltdown. The island nation of 22 million people is suffering its worst economic…
Bloomberg – China’s Belt and Road financing and investments fell in the first half, with no new spending in Russia, Sri Lanka and Egypt, according to a study by the Green Finance & Development Center. Financing and investments were at $28.4 billion in the first six months, compared with $29.4 billion in the same period…
The Ceylon Chamber of Commerce Chamber submitted proposals and recommendations on proposed electricity tariffs to the Public Utilities Commission of Sri Lanka, in order to ensure the implementation of an effective tariff revision, which sustainably addresses Sri Lanka’s energy requirements. This was formulated by the Energy Sector committee of the Ceylon Chamber after careful analysis…
BPPL Holdings announced today its unaudited financial results for the three month period April to June 2022. Net earnings for the quarter were Rs.300 million or Rs. 0.98 per share, up by 188% compared to the corresponding period in the previous year where the net earnings were Rs.104 million or Rs.0.34 per share. YoY revenue…
Popular short-form video platform TikTok has released its latest Community Guidelines Enforcement Report for Q1 2022 (January – March 2022), including updates on its commitment to support the safety of the community and foster kindness on the platform. The report reflects the platform’s ongoing commitment to earn trust by being accountable while working to be…
Sri Lanka will need to emerge from its current state of chaos before the International Monetary Fund can step in with a bailout, according to a professor from Johns Hopkins University. “The IMF cannot… interact with the government when things are in a continuing crisis mode. So until the government stabilizes, until they have a…
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