Fitch Ratings said it was upgrading Sri Lanka out of restricted default (RD) status, to CCC+ after 98 percent of bondholders ...

Sri Lanka plans to hold the once delayed elections for local bodies before the April New Year festival, after bringing a law ...

Sri Lanka has repaid defaulted local bondholders with floating rate rupee bonds maturing between March 2023 to September 2043 ...

ECONOMYNEXT – Sri Lanka will not allow any Indian projects that will be harmful either to the island nation’s economy or the ...

Sri Lanka's Hambantota International Port Group said its industrial park has got a 25 million dollar investment for a ...

ECONOMYNEXT – Sri Lanka Foreign Minister Vijitha Herath, clarifying the government’s decision on one-year temporary ban over ...

The doubling of the withholding tax from 5 percent to 10 percent adds strain on low and middle-income earners reliant on ...

Sri Lanka's President Anura Dissanayake has promised to reform the country's public service, his media division said.

ECONOMYNEXT – The doubling of the withholding tax from 5 percent to 10 percent adds strain on low and middle-income earners ...

Germany's Supply Chain Act could marginalise Sri Lanka's small and medium enterprises (SME) in the apparel industry as the ...

Sri Lanka cannot make a final decision on a proposed wind power plant by India's Adani group as there was an ongoing court case, Foreign Minister Vijitha Herath said.