Analysis: Sri Lanka bondholders brace for big losses in debt restructuring
Summary Analysts calculate haircut of at least 20% needed Citi: debt service halt covers around 50% of public debt S&P,Continue Reading
Category: Asia
Sri Lankan protesters demand justice for 2019 Easter attacks
COLOMBO, Sri Lanka (AP) — Sri Lankans protesting for days near the president’s office criticized a lack of progress inContinue Reading
Watch | Protestors beam images and videos on gov building
Protestors in Sri Lanka turn to latest technology and lit up the Presidential Secretariat building with ‘Go Home Gota’ slogans.Continue Reading
Meet the man who has the most unenviable job in Sri Lanka: Ali Sabry, Finance Minister
He replaced Basil Rajapaksa who resigned earlier this month along with the rest of the cabinet — this was aContinue Reading
Commentary: Reasons for Sri Lanka Crisis; China ‘debt trap loans’ or fatal Gov mistakes? – Professor explains
MUMBAI: The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s everContinue Reading
Amid Sri Lankan economic crisis, apparel orders from island nation diverting to India
Countries importing textile products from Sri Lanka have now started moving towards Indian exporters as Sri Lanka continues to reelContinue Reading
Fitch Places 13 Sri Lankan Banks on Rating Watch Negative
Fitch Ratings has placed the National Long-Term Ratings of 13 Sri Lankan banks on Rating Watch Negative (RWN). The banksContinue Reading
Photos: Major crowds throng Galle Face as protesters continue to demand gov to resign on New Year night
The anti-government protests overflowing the Galleface Ground continues for the sixth consecutive night on the Sinhala and Tamil New YearContinue Reading
Sri Lankan Airlines issues clarification on new lease proposal and Uganda cargo after condemnation
State-owned Sri Lankan Airlines has unveiled plans to expand its fleet from 24 to 35 in the next three yearsContinue Reading
Forex reserves declining in Nepal: Is the Himalayan kingdom going south the Sri Lanka way?
Nepal’s economy seems to be heading south, the Sri Lankan way. The country is facing an economic crisis that hasContinue Reading
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