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Sri Lanka's central bank reduced its key policy rates by 100 basis points on Thursday, as expected, doubling down on efforts to spur growth and finalise the first review of a $2.9 billion bailout...
Foreign military forces cannot stay in the Maldives, president-elect Mohamed Muizzu told a rally celebrating his victory in closely watched weekend presidential elections that are expected to...
Crisis-hit Sri Lanka will focus on improving tax collection as it streamlines the structure of the tax system, the treasury secretary said on Wednesday, with new legislation planned to improve...
Sri Lanka's bondholders are likely to face a 30% writedown in a forthcoming restructuring, JP Morgan analysts forecast on Wednesday, updating an earlier prediction for the deal. ...
Sri Lanka's central bank is expected to resume interest rate cuts on Thursday as it attempts to bolster a recovery from its worst economic crisis in decades, capitalising on low inflation to... -October 03, 2023 at 05:09 am EDT - MarketScreener