Sri Lanka’s president said reopening talks with the International Monetary Fund over a bailout ... Ranil Wickremesinghe said Friday “the greatest threat is to try and renegotiate the deal. ...

Sri Lanka’s dollar bonds continued their recovery from Monday’s selloff, with notes due March 2029 up a third day to 54.1 cents on the dollar on Thursday. The Sri Lankan rupee is steady after ...

COLOMBO, Sri Lanka (AP) — Sri Lanka’s President Ranil Wickremesinghe announced a debt restructuring deal with countries including India, France, Japan and China in a televised address to the ...

Sri Lanka Reaches Provisional Deal on $12.5 Billion Bond Rework. More. Reuters. FILE PHOTO: A general view of city's skyline, amid the country's economic crisis in Colombo, Sri Lanka, April 19, 2022.

Sri Lanka entered into a preliminary deal with key lenders to restructure bilateral debt last June. It still needs to sign similar agreements with China for about $4.75 billion in debt and with ...

Sri Lanka struck an initial deal with a group of key official creditors, including India and the Paris Club, to restructure about $5.9 billion of debt, a key step toward the nation’s efforts to ...

Sri Lanka, mired in its worst financial crisis in decades, has been trying to reach restructuring deals with creditors since last year, having being forced to default on its foreign debt in May ...

Sri Lanka's provisional IMF deal hinges on certain measures; China, India and Japan as creditors a rare mix; Questions over whether country will need to bail out banks ...

Wyndham Hotels partners with Cygnett to expand in South Asia, launching 60+ hotels under La Quinta and Registry Collection ...

Transaction value LKR 3.2 billion One of Sri Lanka’s largest mergers and acquisitions was recently concluded between the ...