Sri Lanka launched a long-awaited bond swap on Tuesday, a major step to completing its $12.55 billion debt restructuring and ...
The NPP must now transform its landslide victory into concrete action - starting with IMF negotiations and economic recovery.
Sri Lanka has launched an offer for investors to swap $12.5bn of dollar bonds into new reduced debts, in a deal that is expected to end the south Asian nation’s first ever external default.
The Disaster Management Centre (DMC) says that the prevailing inclement weather conditions in the country have so far ...
Sri Lanka's new government has ratified a USD 14.2 billion debt restructuring agreement crucial for maintaining debt ...
Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, ...
The anti graft commission, based on a complaint received, wanted to question him on alleged money transactions which resulted the convict being granted a pardon.