On June 1st, several developments were reported: CDS became a subsidiary of the Colombo Stock Exchange; the ADB approved a financing package for Sri Lanka; and the EU provided grants for Sri Lankan clean energy.
1 report, 1 independent
Updated Jun 1
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What happened
On June 1st, several developments were reported: CDS became a subsidiary of the Colombo Stock Exchange; the ADB approved a financing package for Sri Lanka; and the EU provided grants for Sri Lankan clean energy.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Port City Colombo is hosting an investor forum for its flagship SEZ project, deepening bilateral economic ties between Sri Lanka and international partners.Sub-event
- The Port Access Elevated Highway project in Port City Colombo is facing issues related to cost overruns and the lack of a thorough economic assessment.Sub-event
Composite event involving CDS structure, ADB aid for Sri Lanka, and EU grants for clean energy.1 source
Keep exploring
The entities involved
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CDS
company in the Czech Republic
Nothing else this week.
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Port City Colombo
place in Colombo, Sri Lanka
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Asian Development Bank
regional development bank
- The Asian Development Bank has lifted its growth outlook for developing Asia and maintained its forecast for China at 4.6%, noting energy costs from the Middle East conflict.
- The Philippines is seeking international financial support from the World Bank and Asian Development Bank for its budget needs.
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Sri Lanka
island country in South Asia