By Shiran Illanperuma Positioned at the geographic and political heart of the Indian Ocean, Sri Lanka is the epicentre of the ...

Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) have been upgraded to ‘CCC+’ from ‘CCC-’ by Fitch Ratings ...

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

Fitch Ratings has upgraded Bank of Ceylon’s (BOC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to ‘CCC+’ from ‘CCC-’. The ratings do not have an Outlook because of the high ...

Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) have been upgraded to ‘CCC+’ from ‘CCC-’by Fitch ...

Sri Lanka's central bank has revalued its government securities portfolio booking a book profit and boosting its net assets ...

Sri Lanka's central bank has revalued its government securities portfolio booking a book profit and boosting its net assets ...

Therefore, on the eve of Sri Lanka’s default in 2022, only 13.67% of external debt was owed to China. By contrast, 42.43% of external debt was to private bondholders, like Blackrock and Ashmore. To ...

By Dr Lakmini Fernando and Sunimalee Madurawala Sri Lanka’s economic crisis, fuelled by unsustainable debt and a default in ...

The IMF supported reform programme is designed, such that by end 2028, Sri Lanka’s government revenue to GDP would reach 15.4 ...

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