Fitch downgraded Sri Lanka’s sovereign credit rating to ‘CCC’, warning the country’s debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.
Fitch downgrades Sri Lanka’s rating
Fitch downgraded Sri Lanka’s sovereign credit rating to ‘CCC’, warning the country’s debt levels were set to soar past 100% of GDP and that it was increasingly at risk of default.
Cyclone Burevi slams into eastern Sri Lanka
Tropical cyclone Burevi slammed into Sri Lanka’s eastern coast on Wednesday night and was expected to damage coastal buildings and power lines, as well as unleash flash floods, officials at the …
Second Cyclone In A Week Threatens Sri Lanka, India
Sri Lanka and southern India battened down the hatches for the second time in a week on Wednesday ahead of the scheduled arrival of another cyclone from the Bay of Bengal. Burevi will pack gusts of up …
Uber Eats marks second anniversary in Sri Lanka, completes 10 million orders
Uber Eats is marking its second year anniversary in Sri Lanka after successfully delivering 10 million orders to hungry eaters. The platform more than doubled its orders in the second year of …
‘Pharma exports, a new potential sector for Sri Lanka’
Agriculture is a very big part of the country’s export basket but what needs to happen is create value addition in that sector Prabhash Subasinghe – Chairman, Sri Lanka Export (Pictured) Development …
President says Sri Lanka’s over-reliance on loans must end
President Gotabaya Rajapaksa, addressing the Sri Lanka Economic Summit 2020 today (01), said Sri Lanka’s over-reliance on loans must come to an end and insisted on attracting more foreign direct inves …
Sri Lanka’s over-reliance on loans must end; says President
Sri Lanka’s overreliance on loans must come to an end, said President Gotabaya Rajapaksa adding the focus of the Government is on – Get the latest breaking news and top stories from Sri Lanka, the …
Sri Lanka’s over-reliance on loans must end; says President
Sri Lanka’s overreliance on loans must come to an end, said President Gotabaya Rajapaksa adding the focus of the Government is on – Get the latest breaking news and top stories from Sri Lanka, the …
NDB ranked among Top 10 in ranks of Business Today
NDB Bank was ranked number nine in Business Today’s Top 30 Corporates in Sri Lanka in its latest evaluation for the second consecutive year. The Bank was honoured with this position in recognition of …