FinanceTop StoriesSri Lanka’s credit risks could stay ‘elevated,’ say Moody’s amid political change in countryGBO CorrespondentSeptember 27, 2024 GBO CorrespondentSeptember 27, 2024 According to Moody's, although it is an improvement over 70% in 2021,...
FinanceTop StoriesIMF sounds alarm over Maldives’ debt amidst rising Chinese loan concernsGBO CorrespondentMay 14, 2024May 13, 2024 GBO CorrespondentMay 14, 2024May 13, 2024 The Maldives, which is a small nation of 1,192 coral islets dispersed...
EconomyTop StoriesSri Lanka cuts interest rates as key creditors may agree on debt reduction measuresGBO CorrespondentOctober 6, 2023October 5, 2023 GBO CorrespondentOctober 6, 2023October 5, 2023 Beijing talked about offering new loans to pay down existing debt and...
EconomyTop StoriesSri Lanka’s key inflation rate easesGBO CorrespondentJuly 6, 2023July 6, 2023 GBO CorrespondentJuly 6, 2023July 6, 2023 In April 2022, Sri Lanka fell behind on its USD 46 billion...
Banking and FinanceTop StoriesCash-strapped Sri Lanka gets investments from Adani GroupGBO CorrespondentFebruary 28, 2023 GBO CorrespondentFebruary 28, 2023 Kanchana Wijesekera, the energy minister, reportedly conducted a meeting with Adani Group...
EconomyIssue 02 - 2022MAGAZINEWhich countries will follow Sri Lanka?GBO CorrespondentOctober 28, 2022October 29, 2022 GBO CorrespondentOctober 28, 2022October 29, 2022 Several countries might share the same fate as Lanka as they are...
EconomyTop StoriesBangladesh’s rocky journey to ‘Developing Country’ statusGBO CorrespondentSeptember 9, 2022September 9, 2022 GBO CorrespondentSeptember 9, 2022September 9, 2022 Bangladesh has USD 39 billion in foreign exchange reserves, more than double...
EconomyTop StoriesIMF to finally bailout crisis-hit Sri LankaGBO CorrespondentSeptember 6, 2022September 5, 2022 GBO CorrespondentSeptember 6, 2022September 5, 2022 The comments of the IMF were largely positive, according to Udeeshan Jonas,...
EconomyTop StoriesSri Lanka’s economic woes to last another yearGBO CorrespondentAugust 10, 2022 GBO CorrespondentAugust 10, 2022 Ranil Wickremesinghe said that Sri Lanka's recovery would be based on looking...
EconomyTop StoriesSri Lanka economic crisis: Rise and fall of Rajapaksa familyGBO CorrespondentJuly 14, 2022July 14, 2022 GBO CorrespondentJuly 14, 2022July 14, 2022 'Go home Gota' has been the chant that has been growing louder...