ECONOMYNEXT – Sustainable Fitch-Singapore said it has given its second-party opinion on Commercial Bank of Ceylon PLC’s (CBC) sustainable bond framework as ‘Good’. “We consider transactions under the sustainable bond framework to be fully aligned with the ICMA Green Bond…
ECONOMYNEXT — Sri Lanka’s ministry of health has received nine refrigerated trucks procured by the United Nation’s Children’s Fund (UNICEF) with funding from the government of Japan to improve delivery of vaccines to all children. UNICEF said in a statement…
ECONOMYNEXT – Sri Lanka has too many agencies overseeing post-school education and also needs to reassess its NVQ qualification, the country’s president told a summit on developing human capital. “We have too many agencies, too many departments, and Ministries running…
ECONOMYNEX — There is no such thing as an import-substitution economy and Sri Lanka has to commit to a competitive, modern and export-oriented economy, President Ranil Wickremesinghe said, citing former Australia Prime Minister Scott Morrison. Speaking at the Sri Lanka…
ECONOMYNEXT – The United States has said it was committed to supporting Sri Lanka’s progress in its IMF program by encouraging private-sector investment, when officials of the two countries met at the 5th Sri Lanka–USA Partnership Dialogue. “The United States…
ECONOMYNEXT – The United States has said it was committed to supporting Sri Lanka’s progress in its IMF program by encouraging private-sector investment, when officials of the two countries met at the 5th Sri Lanka–USA Partnership Dialogue. “The United States…
ECONOMYNEXT – Fitch Ratings has confirmed a ‘BBB(lka)’ insurer rating of Sri Lanka’s National Insurance Trust Fund, with a stable outlook but warned on its inability to get re-insurance cover on time. The NITF’s major source of revenue is riots,…
ECONOMYNEXT – The Colombo Stock Exchange closed down on Wednesday, data on its site showed. The broader All Share Index closed down 0.41 percent, or 48.44 points, at 11,830; while the more liquid S&P SL20 Index closed down 0.52 percent,…
ECONOMYNEXT – Sri Lanka’s non-financial public sector enter which lost 910 billion rupees in 2022, as macro-economists printed money to boost growth and bungled a float with a surrender rule has made profits of 282 billion rupees in 2023, official…
ECONOMYNEXT — Leftist National People’s Power (NPP) leader Anura Kumara Dissanayake believes that Sri Lanka’s presidential election will likely be held on September 28, the MP said. Speaking at a rally in Kandy on Tuesday July 16, Dissanayake said the…
