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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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Fitch downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’
Fitch Ratings announced a downgrade of Sri Lanka's Long-Term Local-Currency (LTLFC) Issuer Default Rating (IDR) from 'C' to 'RD' (Restricted Default). In a recent domestic debt exchange, local-currency bond ratings involv...
2023-09-16
Daily Ft
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Mixed trends in manufacturing and service sectors in July
The manufacturing sector displays subdued performance across all sub-indices, particularly affecting the textile and apparel segment due to a lack of new orders. Conversely, the service sector showcases promising trends with increased new bu...
2023-08-23
DailyFT
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Govt. lifts import restrictions on public vehicles
For the first time since March 2020, the Government has relaxed import restrictions on specified vehicles designed for public transport use. Buses, trucks, browsers, m...
2023-08-16
DailyFT
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13A should be implemented to suit nation’s growth and future: President
President Wickremesinghe highlighted that the 13th Amendment, which oversees the decentralization of power to provincial councils, holds the utmost legal significance in the country.
2023-08-10
Daily Mirror
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