Sri Lanka’s President Anura Kumara Dissanayake is greeted by China’s Deputy Foreign Minister Chen Xiaodong upon his arrival ...

(Reuters) - Credit ratings agency Moody's on Monday raised Sri Lanka's long-term foreign currency ... The island nation had defaulted on its foreign debt for the first time in May 2022 due to ...

Sri Lanka defaulted on its foreign debt for the first time in May 2022 due to its high debt burden and dwindling foreign exchange reserves, sparking widespread shortage of food, fuel and medicines.

BEIJING: Chinese leader Xi Jinping said relations between China and Sri Lanka faced a "historical opportunity" to foster ties ...

Sri Lanka during February 20–March 3, 2023 to support the government in designing a Debt Management Reform Plan, with a focus on the reform of the debt management legal and institutional frameworks, ...

In the coming years, Sri Lanka will need to balance its elevated debt repayment schedule with its need to maintain adequate foreign exchange reserves. In May 2016, Sri Lanka regained its ...

Sri Lanka’s economy grew 5.5 per cent last quarter ... Governor Nandalal Weerasinghe has also said the monetary authority has strengthened foreign exchange reserves, which would be a buffer to meet ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Sri Lanka is seeking to boost foreign participation in ...

Sri Lanka’s Marxist-leaning President Anura Kumara Dissanayake has held talks with Chinese leader Xi Jinping, one month after visiting India on his first overseas trip since winning election in Septem ...

China accounted for more than half of Sri Lanka's bilateral debt at the time of the 2022 economic crash, when Colombo ran out of foreign exchange to pay for essential imports such as food ...

Credit ratings agency Moody's on Monday raised Sri Lanka's long-term foreign currency issuer rating to 'Caa1' from 'Ca' with a stable outlook, after the country's creditors approved a $12.55 billion ...

Credit ratings agency Moody's on Monday raised Sri Lanka ... foreign currency issuer rating to 'Caa1' from 'Ca' with a stable outlook, after the country's creditors approved a $12.55 billion debt ...