GLOBAL EQUITIES
Softlogic Holdings announced that its fully owned subsidiary Softlogic Restaurants has entered into a joint venture and management agreement, to develop and operate outlets
MICROCOSM
IMF staff and the Sri Lankan authorities reached a staff level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) to the tune of around US$ 2.9 billion.
GLOBAL EQUITIES
Ceylinco Life Insurance entered into a partnership with Kings Hospital through a major equity investment. This partnership expands the company’s footprint
MICROCOSM
The Central Bank of Sri Lanka announced that all efforts will be made to strictly monitor and ensure compliance with regulations on foreign exchange transactions