News Sri Lanka Central: ICRA Lanka revises rating outlook of UB Finance Company
Published on: Thursday 06 January 2022
News source: https://www.msn.com/en-xl/asia/srilanka/icra-lanka-revises-rating-outlook-of-ub-finance-company/ar-AASw2wV
ICRA Lanka Limited has reaffirmed the issuer rating of UB Finance Company Limited at [SL]BB. The outlook on the rating is revised to Stable from Negative.The revision in the outlook factors in the ...
News Sri Lanka Central: Sri Lanka announces $1 billion economic relief package; won't default on debt, says finance minister
Published on: Monday 03 January 2022
News source: https://www.firstpost.com/world/sri-lanka-announces-1-billion-economic-relief-package-wont-default-on-debt-says-finance-minister-10256741.html
Sri Lankan finance minister Basil Rajapaksa said that the country would duly pay the $500 million international sovereign bond payment due in a fortnight ...
News Sri Lanka Central: ‘There is no money left’: Covid crisis leaves Sri Lanka on brink of bankruptcy
Published on: Sunday 02 January 2022
News source: https://www.theguardian.com/world/2022/jan/02/covid-crisis-sri-lanka-bankruptcy-poverty-pandemic-food-prices?q
Half a million people have sunk into poverty since the pandemic struck, with rising costs forcing many to cut back on food ...
