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Government perturbed after S&P downgrades Sri Lanka
The Government of Sri Lanka (GOSL) said it was perturbed after S&P Global Ratings downgraded Sri Lanka to ‘CCC’ from an earlier ‘CCC+’ with...
ECT Development work at the Colombo Port gets underway
The Eastern Container Terminal (ECT) Development work has been launched at the Colombo Port today under the patronage of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa.
The...
SriLankan Airlines flies profitably in the month of December
SriLankan Airlines has posted a company profit of US$ 9.25 million and a group profit of $ 10.66 million for December 2021, which is...
Should Sri Lanka default on 18 Jan. sovereign bond?
As economists point out, a default would result in Sri Lanka facing higher interest rates and an even lower credit rating among creditors
The Governor...
Top emerging market bond fund awaits for Sri Lanka default gain
Top Foreign Investors are waiting to take advantage of Sri Lanka’s present dollar crisis if Sri Lanka fails to repay US$ 500 million International...