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Tag: Sri Lanka

Posted on December 22, 2024

Kaspersky appoints distributor to boost B2C presence in Sri Lanka and Maldives

Kaspersky, the global cybersecurity and digital privacy company has appointed Technocity as its exclusive B2C distributor in Sri Lanka, and as the second B2C distributor in the Maldives. ..
Posted on December 22, 2024

Kaspersky appoints distributor to boost B2C presence in Sri Lanka and Maldives

Kaspersky, the global cybersecurity and digital privacy company has appointed Technocity as its exclusive B2C distributor in Sri Lanka, and as the second B2C distributor in the Maldives. ..
Posted on December 21, 2024

Sri Lanka claims it has officially ended debt default

Mahinda Siriwardana, a top bureaucrat in the Finance Ministry, said in a statement, “December 20 marked a major milestone in our economic recovery process as Sri Lanka officially exited sovereign …
Posted on December 21, 2024

As Fitch upgrades ratings Sri Lanka claims it has ended debt default

With the decision by the Hong Kong based Fitch Ratings to upgrade Sri Lanka’s credit rating, the island nation has officially ended its debt default, the Finance Ministry said here on Saturday.
Posted on December 21, 2024

Treasury Secretary hails Sri Lanka exiting default after ‘painful reforms’ and complex debt restructuring

The Secretary to the Treasury Mainda Siriwardena says that 20 December 2024 marked a major milestone in Sri Lanka’s economic recovery process as the country officially exited sovereign default …
Posted on December 20, 2024

Fitch raises Sri Lanka rating after creditor nod to $12.55 bln debt overhaul

Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 …

( read original story …)



Posted on December 20, 2024

Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul

Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’ (RD) following approval by creditors of the country’s $12.55 …
Posted on December 20, 2024

Sri Lanka and Vietnam banks to boost 2025 financials

Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth Banks in Sri Lanka and Vietnam are expected to continue improving their financial performances in 2025. For Sri …
Posted on December 19, 2024

What we know about Sri Lanka’s governance and macro-linked bonds

Sri Lanka’s restructuring of $12.55 billion in international bond debt is set to lead to the launch of a series of new, as-yet-untested instruments linked to economic growth and governance.
Posted on December 18, 2024

Home Lands Skyline Triumphs Again as Sri Lanka’s Best Developer

Home Lands Skyline reaffirmed its status as the undisputed leader in real estate development in Sri Lanka by winning the prestigious “Best Developer – Sri Lanka Award” at the PropertyGuru Asia …

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