News Sri Lanka’s international credit ratings become DEFAULT for the first time! Date: April 26, 2022 Standard & Poor’s, one of the world’s leading international credit rating agencies, has downgraded Sri Lanka’s sovereign credit rating to SD (Selective Default). TagsLanka News WebSri LankaStandard and Poor Previous articleEnergy Minister says PUCSL has approved the request to increase electricity billsNext articleMusk gets Twitter for $44 billion, to cheers and fears of ‘free speech’ plan Share post: FacebookTwitterPinterestWhatsApp Popular Dairy Industry Slumps Despite Surging Demand Milk Farmers Face Crisis Exporters Urged to Prepare for New VAT Refund Regime Economic Recovery Stalls as Policy Reversals Undermine Reform SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery Betting and Gambling Levy Amendment Raises Taxes, Casino Entry Fee More like thisRelated Dairy Industry Slumps Despite Surging Demand Milk Farmers Face Crisis CN - October 8, 2025 The Sri Lankan dairy industry is at a crossroads.... Exporters Urged to Prepare for New VAT Refund Regime CN - October 8, 2025 With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now... Economic Recovery Stalls as Policy Reversals Undermine Reform CN - October 8, 2025 Sri Lanka’s path to recovery remains woefully unfinished. While... SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery CN - October 8, 2025 Sri Lanka’s construction industry, long battered by economic turbulence,...