Business Economics

Pakistani Businesses Eye Sri Lanka’s Recovering Economy for Investments

  • May 31, 2024

Colombo, Sri Lanka – A 14-member Pakistani business delegation is visiting Sri Lanka to explore investment opportunities in various manufacturing sectors, signaling confidence in the island nation’s economic turnaround. The delegation, led by the Honorary Consul of Sri Lanka in Lahore, comes after Sri Lanka weathered a severe economic crisis last year. “Sri Lanka’s dramatic

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Business Sri Lanka News

Sri Lankan Airlines Gets a Makeover for Potential Investors

  • March 6, 2024

Sri Lanka’s national carrier, SriLankan Airlines, is undergoing a significant restructuring effort to attract new investors. The government aims to make the airline more appealing by absorbing a substantial portion of its debt and implementing cost-cutting measures. The government plans to absorb $512 million of the airline’s debt, hoping to reduce the overall burden to

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