Lanka has reportedly raised US$ 2.0 billion from five and 10 year sovereign bonds, which is the second such sale in 2019.
Sri Lanka sold US$ 500 million of five year bonds for 6.35 percent and US$ 1.5 billion of 10 year bonds for 7.55 percent, Bloomberg Newswires has reported.
Malaysia based Hyrax Oil Sdn. Bhd, which has commissioned a contract blending for Sri Lanka’s state owned Ceylon Petroleum Corporation (CPC) is reportedly looking at reaching other South Asian markets to use excess capacity.
The Central Bank of Sri Lanka together with LankaClear Ltd., (LCPL) has recorded a significant milestone in the country’s payment landscape by launching the National Card Scheme (NCS).
Tourism authorities in Sri Lanka have reportedly launched a special promotional campaign in India with the aim of wooing Indian tourists to the island to overcome the negative impact suffered by the country’s tourism industry following the Easter Sunday attacks.
Colombo Dockyard of Sri Lanka has last week delivered a submarine cable-laying ship for Japan’s Kokusai Cable Ship Co. Ltd.