World Bank raises growth outlook for S. Asia to 6.4%
The World Bank (WB) revised on Thursday its growth forecast for South Asia upward to 6.4 per cent from earlier…
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Sri Lanka
WB signs $200m loan to support Sri Lanka’s economy
World Bank and Sri Lanka signed a $200 million deal for the Second Resilience, Stability, and Economic Turnaround…
Sri Lanka’s exports rise 4.67% YoY in August 2024
Sri Lanka's total exports for August 2024 reached $1.4 billion, representing a 4.67 per cent increase compared to…
Fitch maintains Sri Lanka’s rating at ‘RD’
Fitch Ratings reaffirmed Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'RD' (Restricted…
IMF reaffirms commitment to supporting Sri Lanka’s recovery
The International Monetary Fund (IMF) reiterated its support for Sri Lanka's economic development and reform…
Sri Lanka to introduce new e-passports in October
Sri Lanka will begin issuing new e-passports to its citizens in October, according to Minister of Public Security…
ADB approves $100m loan for Lanka’s water reforms
The Asian Development Bank (ADB) has approved a $100 million loan to support Sri Lanka’s water supply and…
Sri Lanka grants licence to SpaceX’s Starlink
Sri Lanka's telecommunications regulator has granted a license to Elon Musk's Starlink, the satellite internet…
Fitch upgrades Sri Lanka’s HBL to AA-(lka)
Fitch Ratings has raised the National Long-Term Rating of Habib Bank Limited - Sri Lanka Branch (HBLSL) to AA-(lka)…
Sri Lanka reaches agreement to restructure $12.6b in bonds
Sri Lanka has reached an agreement to restructure $12.6 billion in bonds, moving closer to finalising its debt…
