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Tag: Sri Lanka

Posted on December 2, 2022

A seven-member business delegation from CUTOUR Japan

A seven-member business delegation from CUTOUR Japan, led by Takayuki Hirose, was in Sri Lanka on a fact-finding mission on investments and trading. Business meetings were arranged by the Sri …
Posted on December 2, 2022

Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CC’; Affirms ‘RD’ Foreign-Currency IDR

Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default).
Posted on December 2, 2022

Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘CC’; Affirms ‘RD’ Foreign-Currency IDR

Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’, and has affirmed the Long-Term Foreign-Currency IDR at ‘RD’ (Restricted Default).
Posted on December 2, 2022

Sri Lankan univ refuses to sign MoU with Chinese univ, says Beijing has other plans

The statement underlined that Sri Lanka became the victim of the financial crisis because of China’s non-transparent and unsustainable loans. Sri Lanka’s student union also doubted that Sri Lankan …
Posted on December 2, 2022

Fitch downgrades Sri Lanka’s local currency debt rating to ‘CC’

Fitch on Thursday downgraded Sri Lanka’s Long-Term local-currency debt rating by two notches to “CC” from “CCC”, citing a probable local-currency debt default in the face of high interest costs and ti …
Posted on November 30, 2022

Houses given on rent for 76 MPs who lost their homes to unrest

Sri Lanka’s housing minister Prasanna Ranatunga told Parliament that 76 MPs who lost their houses and property to arson following – Get the latest breaking news and top stories from Sri Lanka, the …

( read original story …)



Posted on November 29, 2022

Philippines joins push to protect at least 30% of planet’s land, oceans

The Philippines joins Cambodia, Japan, India, Bhutan, Nepal, Pakistan, Sri Lanka, Bangladesh, and Papua New Guinea as the Asian members of the High Ambition Coalition for Nature and People.
Posted on November 28, 2022

Sri Lanka apprehends 23 Indian fishermen, M K Stalin writes to Centre

“In this year alone, 221 Tamil Nadu fishermen were apprehended by Sri Lankan Navy. The repeated instances of arrests by the Sri Lankan navy are causing severe stress and anguish among the fishermen …
Posted on November 28, 2022

Sri Lanka apprehends 23 Indian fishermen, M K Stalin writes to Centre

“In this year alone, 221 Tamil Nadu fishermen were apprehended by Sri Lankan Navy. The repeated instances of arrests by the Sri Lankan navy are causing severe stress and anguish among the fishermen …
Posted on November 28, 2022

Sapna Seneviratne appointed CEO of Publicis Groupe, Sri Lanka

I look forward to bringing in future-facing, agile and powerful business solutions through “Power Of One” and accelerating brands. We have a fantastic team in Sri Lanka, a tremendous repertoire of …

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