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Sri Lankan News Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
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. 26 Nov 2024 (7:13 PM) Trump vows new Canada, Mexico, China tariffs that threaten global trade
President-elect Donald Trump on Monday pledged big tariffs on the United States three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars. 26 Nov 2024 (2:33 PM) Sri Lanka announces launch of ISB exchange after Cabinet approval
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. 26 Nov 2024 (7:01 PM) Red alert issued as deep depression intensifies near Sri Lanka
The Department of Meteorology has issued a Red alert warning for the land and the deep and sallow sea areas around the island due to the deep depression over Southwest Bay of Bengal. 26 Nov 2024 (5:53 PM) No decision to ban tuition classes - Cabinet Spokesman
The Cabinet Spokesman, Minister Dr. Nalinda Jayatissa clarified that no decision has been taken to ban tuition classes in the country. 26 Nov 2024 (4:03 PM) India rejects food imports from several countries including Sri Lanka
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. 26 Nov 2024 (4:55 PM) |