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India seizes 5.5 tonnes of Myanmar meth in biggest drug bust
26 Nov 2024 (8:20 PM) Local Consortium of Sri Lanka commits support for govt s ISB restructuring
26 Nov 2024 (7:54 PM) IMF chief commends Sri Lanka s economic reform program, says collective effort key to success of debt restructuring
27 Nov 2024 (10:01 AM) Eight including 6 children missing after tractor swept away by floods
26 Nov 2024 (10:54 PM) Ad Hoc Bondholders announces support for Sri Lanka s debt restructuring terms
26 Nov 2024 (7:13 PM) Sri Lanka s Central Bank implements a single policy rate mechanism
26 Nov 2024 (11:38 PM) |
India s coast guard said Tuesday they had seized their biggest haul of illicit drugs when they stopped a fishing boat smuggling 5.5 tonnes of methamphetamine from war-torn Myanmar. 
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).. 
IMF Managing Director Kristalina Georgieva says the continued support from international financial institutions and other official creditors, together with the participation of bondholders in a debt exchange consistent with debt sustainability, is necessary to underpin the success of Sri Lanka s economic reform efforts. 
(UPDATED) At least eight persons including 06 children are reported missing while two children have been rescued after the tractor they were travelling on was caught in flood waters in Karaitivu in Ampara District this evening (26). 
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. 
The Monetary Policy Board of the Central Bank of Sri Lanka (CBSL) has decided to implement a single policy interest rate mechanism, the Overnight Policy Rate (OPR), transitioning from its dual policy interest rate mechanism with effect from today (27 November). Copyright © 2007 - 2024 Col3neg. All Rights Reserved.
