Fitch Ratings has downgraded the local rating of Sri Lanka’s Senkadagala Finance Plc to ‘BBB(lka)’ from ‘BBB+(lka)’ and removed a rating watch negative.
Fans scurry for cover at Australia-Sri Lanka World Cup match as dust storm rips banners off stadium roof
Strong gusts of wind at a stadium in the northern Indian city of Lucknow during the ICC Cricket World Cup 2023 match between Australia and Sri Lanka on Monday tore off advertising banners and scaffolding from the roof,
What Can We Learn from Sri Lanka’s Debt Default?
Photo courtesy of Ceylon Independent At Independence in 1948, Sri Lanka was second to Japan on most socio-economic indicators and ahead of South Korea on per capita income in 1960; it has since
Sri Lanka CB collects penalties from 4 finance firms for non-compliance
ECONOMYNEXT – Sri Lanka Central Bank has collected 1.7 million rupees in penalties imposed on Merchant Bank of Sri Lanka & Finance PLC, Vallibel Finance PLC, LB Finance PLC, and People’s Leasing & …
First woman Chair of ICC, Maria Garza to visit Sri Lanka
The Chair of the International Chamber of Commerce (ICC), Maria Fernanda Garza, present in 170 countries will visit Sri Lanka in October 2023.
First woman Chair of ICC, Maria Garza to visit Sri Lanka
The Chair of the International Chamber of Commerce (ICC), Maria Fernanda Garza, present in 170 countries will visit Sri Lanka in October 2023.
Ministry of Gems consolidates in Australia with roots in Sri Lanka
Ministry of Gems, a modern gemstone company based in Australia with roots in Sri Lanka, is making a significant impact in …
Make memories to last a lifetime in stunning Sri Lanka
Having macaque monkeys steal your breakfast minutes after you encounter elephants has to be one of the most surreal experiences around.
CBSL’s Financial Intelligence Unit battling to keep Sri Lanka away from ‘black and grey’ lists
Foreign investors raised concerns about real estate sector investments .Reluctance for new correspondent banking relationships could also result in from such a situation,” she said. She pointed out …
Indian Minister welcomes Sri Lanka’s progress with IMF
Indian Finance Minister Nirmala Sitharaman has said Sri Lanka’s progress so far with regards to the agreement reached with the International Monetary Fund (IMF), has been encouraging.The Indian …