Sri Lanka is about to default on its debts, two of the world's largest credit rating agencies have warned. Fitch Ratings lowered its assessment of the South Asian nation, saying "a sovereign ...

Moody's rating hike action comes after the review, which started last week. The rating upgrade to ‘Caa1’ marks a stable ...

Sri Lanka’s Finance Ministry said on Saturday the island nation has officially ended its debt default. In a statement, Mahinda Siriwardana, a top bureaucrat in the Finance Ministry said ...

The governor of the South Asian nation's central bank said the country was now in a "pre-emptive default". Later on Thursday, two of the world's biggest credit rating agencies also said Sri Lanka ...

Ratings agency Fitch raised Sri Lanka’s long-term foreign-currency default rating on December 20 while the Moody’s Ratings on ...

Sri Lanka has been taking an increasingly active role in the global discourse on climate finance for vulnerable economies.

The Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with the Stock ...

Fitch Ratings said it was upgrading Sri Lanka’s foreign currency rating out of restricted default (RD) status, to CCC+ after 98 percent of bondholders accepted an offer to restructure defaulted bonds ...

The IYSSE in the United States condemns in the strongest possible terms the ban on our comrades’ lecture at Peradeniya ...

Sri Lanka’s 2022 crisis highlighted the potential for India to play an expanded economic role in the region, especially given China’s inaction. Implementing the IMF’s recommendations will be ...

Sri Lanka gained extensive support from private creditors to restructure its international bonds, a key step for the country to exit an extended default. Investors representing close to 98% of the ...