Sri Lanka is to shut three overseas Missions as part of moves to cut costs and save on much needed US Dollars, Daily Mirror learns. Accordingly, the Foreign Ministry is to close the Sri Lankan …
Fitch downgrades Sri Lanka to ‘CC’ on higher debt default risk
COLOMBO: Fitch Ratings on Saturday (Dec 18) downgraded Sri Lanka’s sovereign rating to “CC” from “CCC”, citing a growing risk of debt default in 2022, despite repeated assurances from the central bank …
S&P Sri Lanka 20 index includes Commercial Leasing, LOLC Finance
Commercial Leasing and Finance Plc, LOLC Finance Plc, has been added to the S&P Sri Lanka 20 Index, made of the larger liquid stocks, the Colombo Stock Exchange said.
Fitch downgrades Sri Lanka as default fears mount
International ratings agency Fitch downgraded cash-strapped Sri Lanka Saturday by one notch to “CC” due to mounting fears of a sovereign default on its $26 billion foreign debt.
Fitch downgrades Sri Lanka’s sovereign rating to ‘CC’ from ‘CCC’
Fitch has downgraded Sri Lanka’s sovereign rating to ‘CC’ from ‘CCC’, saying there is an increased probability of a default in coming months.
Sri Lanka’s ‘organic only’ policy | Sowing the seeds of a disaster
The rash policy shift to ‘organic only’ agriculture in May could severely impact Sri Lanka’s food security, according to experts. With farmers angry, it could also have a considerable political cost …
Sri Lanka’s ‘organic only’ policy | Sowing the seeds of a disaster
The rash policy shift to ‘organic only’ agriculture in May could severely impact Sri Lanka’s food security, according to experts. With farmers angry, it could also have a considerable political cost …
DentsuGrant and ISOBAR Sri Lanka shine at Campaign Asia’s ‘Agency of the Year’ awards
Cementing its credentials as the leading agency in Sri Lanka, DentsuGrant Group walked away with not one, but two coveted Campaign Asia’s Agency of the Year awards recently. DentsuGrant was crowned …
DentsuGrant and ISOBAR Sri Lanka shine at Campaign Asia’s ‘Agency of the Year’ awards
Cementing its credentials as the leading agency in Sri Lanka, DentsuGrant Group walked away with not one, but two coveted Campaign Asia’s Agency of the Year awards recently. DentsuGrant was crowned …
Webinar promotes trade and investments between Sri Lanka and Kuwait
The Embassy of Sri Lanka in Kuwait, in collaboration with the Kuwait Chamber of Commerce and Industry (KCCI), the National Chamber of Commerce of Sri Lanka (NCCSL), and the Sri Lanka Export …