U.S sanctions targets include former SriLankan Airlines CEO & Rajapakse relative
The U.S. State Department announced a slew of sanctions on Monday to mark International Anti-Corruption Day and the eve ofContinue Reading
Category: Business Briefing
Sri Lanka To Ink Debt Deals By Year’s End- Minister
(AFP)-Cash-strapped Sri Lanka vowed Thursday to complete its long-delayed foreign debt restructure within the month before a 2025 budget adheringContinue Reading
Moody’s may raise Sri Lanka’s credit rating
(Reuters) -Moody’s may raise Sri Lanka’s ‘Ca’ long-term foreign currency rating, the credit ratings agency said on Wednesday, following theContinue Reading
Adani hit by downgrades as projects under review in India, Sri Lanka
(Reuters) -Adani Group’s troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate,Continue Reading
U.S development agency ‘assessing ramifications’ on Adani’s Sri Lanka project
(Reuters) -A U.S. agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations againstContinue Reading
Sri Lanka’s President makes U-turn on IMF bailout
(AFP/Reuters)-Sri Lanka’s new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election pledge to renegotiateContinue Reading
U.S regulators seek to break up Google, forcing Chrome browser sale as part of monopoly punishment
(AP)-U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition throughContinue Reading
Sri Lanka’s leftist President faces first parliament test
(AFP)-Sri Lanka’s new leftist leader has drawn strong support from an unlikely source as he seeks to expand his threeContinue Reading
Sri Lanka met with bondholders, aims to exit default as soon as possible, central bank governor says
WASHINGTON (Reuters) -Sri Lanka met this week with its bondholders in Washington to discuss a debt exchange as the SouthContinue Reading
U.S warns of attack threat in Sri Lanka surf hotspot
COLOMBO – The US embassy in Sri Lanka warned citizens on Oct 23 of a possible attack on a popularContinue Reading
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