Asantha Sirimanne
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Sri Lanka Said To Offer New Restructuring Plan To Bondholders
Government representatives may travel to London soon to meet Sri Lanka’s commercial creditors, one of the people familiar with the matter.
- Wednesday February 21, 2024
- Author: Anusha Ondaatjie, Asantha Sirimanne
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Sri Lanka Said To Offer New Restructuring Plan To Bondholders
Government representatives may travel to London soon to meet Sri Lanka’s commercial creditors, one of the people familiar with the matter.
- Wednesday February 21, 2024
- Author: Anusha Ondaatjie, Asantha Sirimanne
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Sri Lanka Passes Controversial Law To Police Online Content
Sri Lanka’s parliament has passed a law that grants the government sweeping powers to regulate social media and online speech, which opposition legislators have said will undermine democracy and the nascent internet economy.
- Thursday January 25, 2024
- Author: Asantha Sirimanne
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Sri Lanka Close To IMF Agreement, Is Weighing Bondholder Terms, Semasinghe Says
Sri Lanka is close to reaching a vital staff-level agreement with the International Monetary Fund to get funding, while it’s also assessing debt restructuring terms from foreign holders of its dollar bonds, according to junior Finance Minister Shehan Semasinghe.
- Thursday October 19, 2023
- Author: Asantha Sirimanne, Ronojoy Mazumdar
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Sri Lanka Close To IMF Agreement, Is Weighing Bondholder Terms, Semasinghe Says
Sri Lanka is close to reaching a vital staff-level agreement with the International Monetary Fund to get funding, while it’s also assessing debt restructuring terms from foreign holders of its dollar bonds, according to junior Finance Minister Shehan Semasinghe.
- Thursday October 19, 2023
- Author: Asantha Sirimanne, Ronojoy Mazumdar
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Sri Lanka Seeks To Reassure As Rupee Falls Most In Asia In July
Sri Lanka sought to calm investors over volatility in its currency after the rupee fell the most in Asia last month, with a central bank official saying there isn’t significant pressure from current-account flows in the near term.
- Saturday August 5, 2023
- Author: Karl Lester M. Yap, Asantha Sirimanne
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Sri Lanka Relaxes FX Controls To Spur Overseas Transactions
Sri Lanka eased restrictions on the foreign-exchange market to allow companies and individuals to send more dollars abroad.
- Tuesday July 25, 2023
- Author: Asantha Sirimanne, Karl Lester M. Yap
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Sri Lanka Relaxes FX Controls To Spur Overseas Transactions
Sri Lanka eased restrictions on the foreign-exchange market to allow companies and individuals to send more dollars abroad.
- Tuesday July 25, 2023
- Author: Asantha Sirimanne, Karl Lester M. Yap
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Sri Lanka Prepares To Endorse Debt Restructuring Blue Print
Sri Lanka is on the final lap of unveiling its debt restructuring strategy, highlighting a key step in the nation’s efforts to pull its economy from the worst crisis in seven decades.
- Thursday June 29, 2023
- Author: Anusha Ondaatjie, Asantha Sirimanne
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Sri Lanka To Unveil Domestic Debt Restructuring Plan This Week
Sri Lanka has declared a five-day closure of financial markets from Thursday to finalise required approvals for the blueprint.
- Tuesday June 27, 2023
- Author: Ronojoy Mazumdar, Asantha Sirimanne
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Sri Lanka Nears IMF Bailout as India Said to Back Debt Plan
India formally notified that it will support Sri Lanka’s debt restructuring plan, reports Bloomberg citing a person with knowledge of the matter.
- Wednesday January 18, 2023
- Author: Anusha Ondaatjie, Asantha Sirimanne
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Sri Lanka Opens China-Funded ‘White Elephant’ Tower To Tourists
A 350-metre tall China-funded tower will be the main attraction for Sri Lanka to lure tourists to the bankrupt country.
- Friday September 16, 2022
- Author: Anusha Ondaatjie, Asantha Sirimanne
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Sri Lanka Opens China-Funded ‘White Elephant’ Tower To Tourists
A 350-metre tall China-funded tower will be the main attraction for Sri Lanka to lure tourists to the bankrupt country.
- Friday September 16, 2022
- Author: Anusha Ondaatjie, Asantha Sirimanne
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Fitch Warns Of High Risk Sri Lanka May Default On Local Bonds
Sri Lanka first defaulted on its dollar debt in May, and must clinch a restructuring deal with creditors and private bondholders.
- Monday September 5, 2022
- Author: Ronojoy Mazumdar, Asantha Sirimanne
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Fitch Warns Of High Risk Sri Lanka May Default On Local Bonds
Sri Lanka first defaulted on its dollar debt in May, and must clinch a restructuring deal with creditors and private bondholders.
- Monday September 5, 2022
- Author: Ronojoy Mazumdar, Asantha Sirimanne