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Tag: Sri Lanka

Posted on October 2, 2020

Afghanistan, Sri Lanka Chambers ink MoU

The CEOs of the Afghanistan Chamber of Commerce and Investment, Sayed Zaman Hashemi, and the Ceylon Chamber of Commerce, Manjula de Silva, virtually signed a historic MoU of Cooperation between the …

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Posted on October 1, 2020

Sri Lanka’s foreign policy based on neutrality; development cooperation is our priority

“Sri Lanka is located in a place of strategic importance. Therefore, our country is attracted to many parties. In this context, Sri Lanka has chosen neutrality as its foreign policy. Our top most …

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Posted on October 1, 2020

With its neutral foreign policy Sri Lanka is open for foreign investments: President

While stressing on Sri Lanka’s neutral foreign policy, President Gotabaya Rajapaksa yesterday said the island nation is open for foreign investments. ..

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Posted on September 30, 2020

‘Compfie’ set to change Sri Lanka’s compliance landscape

Aparajitha Corporate Services Private Limited, India’s no.1 company for Compliance, today announced the introduction of its Global …

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Posted on September 30, 2020

Quarantine rules delay Sri Lanka Premier League

Sri Lanka’s cricket Premier League tournament has been put off a second time due to strict quarantine rules for foreign players, the game’s national governing body said Wednesday.

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Posted on September 30, 2020

Sri Lanka cancels Japan-financed light rail project

The Sri Lankan government said on Tuesday it has canceled a light rail project that was to be built with Japanese financial assis …

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Posted on September 30, 2020

Sri Lanka’s sovereign bond yields rise after Moody’s downgrade

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 …

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Posted on September 30, 2020

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 …

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Posted on September 29, 2020

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 …

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Posted on September 29, 2020

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.

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