Our focus is on economic stability through fiscal discipline, sustainable debt management, and reforms that enhance productivity and growth – PM – The Island

Debt Help

Sri Lanka have recalled Kamindu Mendis  and  dropped Dhananjaya de Silva from their 15-man squad for the T20 World Cup that begins on Saturday. Twenty-three-year-old batter Pavan Rathnayake  has notably made the cut, as has Eshan Malinga who dislocated his shoulder on Sunday. But there was no room for seamer Pramod Madushan. The major talking…

A large Subway operator declares bankruptcy

Bankruptcy

Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: MTF Enterprises, a Subway operator with 43 stores in Maine, New Hampshire, Pennsylvania and Virginia, filed for Chapter 11 bankruptcy protections last month, according to a court filing by the franchisee’s owner, Michael Fay. The…

Company liquidations hit a 15-year high

Liquidation

Company failures hit a 15-year high in New Zealand last year, according to credit bureau Centrix. In  Centrix’s latest monthly Credit Indicator report, chief operating officer Monika Lacey said the rising liquidations “underscore ongoing financial strain across parts of the economy, as well as the IR’s ongoing crackdown on outstanding debts”. However, Lacey said despite…