S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating
(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default,Continue Reading
Category: Business Briefing
Sri Lanka considering restructure of local and sovereign debt – president
COLOMBO (Reuters) – Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday,Continue Reading
Sri Lanka leader proposes 25-year plan for crisis-hit nation
COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president said Wednesday that his government is preparing a national policy roadmapContinue Reading
Sri Lankans bide time as leaders seek fix for economic woes
COLOMBO, Sri Lanka(AP)- Sri Lankans who have endured months of fuel and food shortages are bracing for more pain as a newly installedContinue Reading
Sri Lanka President says IMF agreement pushed back after unrest
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president said Saturday that an agreement with the International Monetary Fund to helpContinue Reading
World Bank has no new financing plans for crisis-hit Sri Lanka
(Reuters) -The World Bank does not plan to offer new financing to Sri Lanka, which is battling its worst economicContinue Reading
USAID chief calls on China to restructure Sri Lanka’s debt
NEW DELHI (AP)- The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nationsContinue Reading
Sri Lanka asks China for help with trade, investment and tourism
BEIJING (Reuters) – Sri Lanka has asked China to help with trade, investment and tourism to help it grow sustainably,Continue Reading
Sri Lanka to restrict fuel imports for next 12 months
COLOMBO (Reuters) – Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage ofContinue Reading
Sri Lanka president gets long-sought win, steep challenges
COLOMBO, Sri Lanka (AP) — Six-times Sri Lanka’s prime minister, President Ranil Wickremesinghe had long aspired to the pinnacle ofContinue Reading
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