While Sri Lanka is all set to settle a billion dollar sovereign bond maturing on October 4 and has repeatedly expressed its ability and willingness to meet all its upcoming debt obligations when they …
Sri Lanka hits back at Moody’s rating downgrade
The Ministry of Finance, in response to Moody’s Investors Service downgrading Sri Lanka’s Sovereign rating on Monday (28), has stressed that the rating action is unwarranted …
Moody’s downgrades Sri Lanka; outlook changed to Stable
Moody’s Investors Service yesterday downgraded Sri Lanka’s long-term foreign currency issuer and senior unsecured ratings to Caa1, from B2 and changed the outlook to stable, after more than five …
Moody’s Downgrades Sri Lanka, Raises Foreign Debt Risk
Moody’s on Monday downgraded Sri Lanka’s sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to secure funding to service its huge foreign debt.
Italy Business Council of Ceylon Chamber of Commerce holds AGM
The Sri Lanka Italy Business Council of the Ceylon Chamber of Commerce held its Twenty-First Annual General Meeting on September 3, at the Ceylon Chamber of Commerce. Deputy High Commissioner of the …
“Sri Lanka needs National HR Development Plan where CIPM can be catalyst of change” – President CIPM Sri Lanka, Jayantha Amarasinghe
Sri Lanka giving effect to the prestigious Charter status that we received as a professional people management body. CIPM is affiliated to Asia Pacific Foundation of Human Resource Management (APFHRM) …
From tea fields to university in Sri Lanka
Theresa is one of the first women from her community of tea pickers in Sri Lanka to go to university.
Sri Lanka, India and changing political dynamics
The results of Sri Lanka’s Parliamentary election held recently in August surprised no one. Ever since the Easter Sunday bombings last year, there has been an implicit acknowledgment across the media, …
Cricket-Bangladesh tour of Sri Lanka called off over quarantine rules
Bangladesh’s tour of Sri Lanka for a three-match test series has been postponed due to COVID-19 quarantine protocols, the Bangladesh Cricket Board (BCB) said on Monday. Sept 28 (Reuters) – …
Captain of fire-stricken ship barred from leaving Sri Lanka
A court in Sri Lanka on Monday barred the captain of an oil tanker that caught fire off the coast from leaving the Indian ocean nation. A magistrate in …