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With the renewal of bilateral ties between Sri Lanka and Germany following the recent state visit of President Maithripala Sirisena, Tourism Minister John Amaratunga invited German nationals to not only
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By Shabiya Ali Ahlam As Sri Lanka is actively fishing for partners to propel growth, Thailand, the South East Asia’s second largest economy, yesterday affirmed that it is committed in collaborating with the island nation to help strengthen the economy.
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Standard & Poor’s Ratings (S&P) Services yesterday revised the outlook on its ‘B+’ long-term sovereign credit ratings on Sri Lanka to negative from stable, citing high government debt and weak external and fiscal performance.
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Finance Minister Ravi Karunanayake yesterday urged potential international investors to confidently enter Sri Lanka and assured the unity government will do its best to create win-win situation for both parties.
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Yesterday marked high net worth investor Dhammika Perera’s entry into the country’s private hospital sphere with the acquisition of 24 percent stake in the leading family-controlled Nawaloka Hospitals PLC, in a deal worth over Rs.1.2 billion.