Sri Lanka is currently experiencing a foreign currency sovereign debt default for the first time in the country’s post-independent history. Full story
From project financing to debt: China’s role in Sri Lanka
PROJECT FINANCE
Dalmia Nisus Finance exits from Puravankara’s Chennai project
Dalmia Nisus has had invested in the project through its Real Estate Credit Opportunities Fund – I (RECOF – I) in October 2020. The entire investment was repaid by Puravankara after it sold 100% of its stake in the subsidiary companies to a third party […]
PROJECT MANAGEMENT
Tamil Nadu’s first integrated Smart City project launched
The first of its kind in the country with 150-plus world-class amenities, including a helipad, the Smart City would help the company promote projects on plots here through its new project G Square City […]
ACCESSORIES INDUSTRY
Relaxed curbs pave way for Philippines cement industry’s comeback
Eagle Cement chalked up P5.1-billion in nine-month net profit, up by 89 per cent year-on-year, on the back of a double-digit volume growth. It has already attained 94 per cent of earnings that market consensus expects it to deliver for the full year, even posting the highest profit and margin relative to peers […]
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