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Moodys raises Sri Lanka's rating
Moody's raises Sri Lanka's rating after debt overhaul approval
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 debt overhaul last week.
Moody’s Joins Fitch in Upgrading Sri Lanka on Debt Restructuring
Moody’s Ratings upgraded Sri Lanka’s credit rating, days after the nation concluded debt restructuring of its dollar bonds, which reduces the risk of default on future notes.
Moody's upgrades Sri Lanka's rating to ‘Caa1’ after creditors' approval of $12.55 billion debt restructuring
Moody's rating hike action comes after the review, which started last week. The rating upgrade to ‘Caa1’ marks a stable outlook for the island nation of Sri Lanka, reported Reuters.
Sri Lanka's inflation rate drops to minus 1.7% in November
Sri Lanka's consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in October, official data showed on Monday, as the country posted a strong rebound from its worst financial crisis in decades.
Island
19m
Sri Lanka’s PayMedia wins 1st runner-up at APICTA 2024 in Brunei
PayMedia, a leader in fintech innovation, has achieved a significant milestone by winning 1st Runner-Up in the Asia Pacific ...
Ada Derana
57m
Sri Lanka holds first-ever national conference for families of missing persons
The first National Conference for the Families of Missing Persons in Sri Lanka has been held in Colombo, facilitated by the ...
6d
What we know about Sri Lanka's governance and macro-linked bonds
Sri Lanka's restructuring of $12.55 billion in international bond debt is set to lead to the launch of a series of new, ...
Island
51m
Historic feat by CSE following Fitch upgrading of Sri Lanka
Trading at the Colombo Stock Exchange was bullish yesterday as investors were driven by the fact that Fitch Ratings had ...
3d
on MSN
Sri Lanka’s navy rescues 102 Rohingya refugees found adrift aboard a fishing trawler
Sri Lanka's navy says it has rescued more than 100 people believed to be Rohingya refugees who were found adrift aboard a ...
8h
T10 makes its presence felt in Sri Lanka with successful debut of Lanka T10 Super League
Firstpost had the opportunity to cover the inaugural edition of the Lanka T10 Super League from ground zero in Pallekele last ...
devdiscourse
13h
A Brother's Mission: Honoring a Fallen Soldier's Legacy in Sri Lanka
Mohd Azam wishes to visit Sri Lanka to renovate the grave of his brother, Mohd Taj, a martyred Indian Army soldier from the 1 ...
Daily News
5h
Sri Lanka warms up in style against Kiwis
Sri Lanka led by Charith Asalanka recorded a comfortable win over New Zealand XI in their T20 Warm up game and ...
Ada Derana
5h
Sri Lanka squad named for ODI series against New Zealand
The Cricket Selection Committee has selected a 17-member squad to take part in the upcoming Sri Lanka Tour of New Zealand ...
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