Finance

IFC Acquires 14.73% Stake in Sunshine Healthcare for Rs. 3.27 Billion

The International Finance Corporation (IFC), the private sector investment arm of the World Bank, has secured a 14.73% stake in Sunshine Healthcare Lanka.

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Finance

Sri Lanka Reaches ISB Restructuring Deal, Finalises Agreement with China Development Bank

Sri Lanka has reached an agreement in principle to restructure approximately USD 14.2 billion in sovereign debt with International Sovereign Bond (ISB) holders.

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Economics

Sri Lanka and Austria to Sign Convention on Preventing Double Taxation and Evasion

The Sri Lankan Cabinet of Ministers has approved a proposal by the Minister of Finance to sign a convention with Austria aimed at.

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