TAL Lanka Hotels PLC has unveiled plans to convert USD 4.47 million (LKR 1.32 billion) in shareholder loans into equity by issuing 32,228,524 ordinary voting shares through a private placement. The ...
Reuters - Sri Lanka has revoked a power purchase deal with India's Adani Group after a probe into U.S. allegations that the conglomerate's executives paid bribes to secure Indian power supply ...
In terms of Section 26(5) of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA), if the Central Bank fails to meet the inflation target set out in the Monetary Policy Framework Agreement (MPFA) ...
The Adani Group has denied reports that its 484 MW wind power projects in Mannar and Pooneryn have been cancelled, calling them "false and misleading." In an official statement, a spokesperson ...
Sri Lanka’s Regional Plantation Companies (RPCs) have been exploring diversification into coffee cultivation over the past few years. Kahawatte Plantations, part of the Dilmah Group, recently ...