Sri Lanka may reduce water prices due to lower energy costs following the sharp appreciation of the rupee. The Water Supply Minist...

Sri Lanka's tourism revenue surged to $225.7 million in April 2024, a 52% increase from the previous year, reported by the central bank citing tourism authorities.    

Fitch Ratings affirmed the 'C' rating on SriLankan Airlines Government-Guaranteed bonds, totaling US$175 million with a 7 percent interest rate, set to mature on 25 June 2024.  

Dollar bonds owned by debt-defaulted countries such as Sri Lanka and Zambia have delivered double-digit returns so far in 2024 mainly due to domestic policy reforms and changes becoming more attractive than bonds from the ric...