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November 20, 2018
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Business & EconomyEconomy

Moody’s downgrades Sri Lanka’s ratings to B2, changes outlook to stable from negative

18min
  Moody’s Investors Service (“Moody’s”) has today downgraded the Government of Sri Lanka’s foreign currency issuer and senior unsecured ratings to B2 from B1 and changed the outlook to stable from negative. The decision to downgrade the rating to B2 is driven by Moody’s view that ongoing tightening in external and domestic financing conditions and […]
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September 15, 2017
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EconomyStart-Ups

Sri Lanka vows third-gen economic reforms, unveils first SME incubator & national policy

4min
Minister of Industry and Commerce Rishad Bathiudeen (second from right), Minister of Budda Sasana, Sustainable Development and Wild Life Gamini Jayawickreme Perera (far right), Secretary of Ministry of Industry and Commerce Ministry Chinthaka Lokuhetti (second from left) and Director of NEDA Lakshman Wijeyewardana (third from left) join Prime Minister Ranil Wickremesinghe at Sri Lanka's first Incubator and Technology Transfer Centre (ITTC) for SMEs at Makandura on 13 September
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