6TH INTERNATIONAL INVESTMENT FORUM
the 6th International Investment Forum (IIF) took place online. A total of 20 speakers presented their companies and offered interested viewers exciting insights
ELECTRICITY CRISIS
The COVID-19 pandemic and the subsequent economic crisis revealed vulnerabilities in the Sri Lankan economy and weakened its economic state
GLOBALDATA
“China’s reiteration of commitment towards the zero-tolerance of COVID-19 will continue to affect the supply chain and business activities
QUEEN ELIZABETH II
It is with the greatest sorrow and sadness that we mourn the passing of Her Majesty Queen Elizabeth II. After a long life of faith, duty and service, a great light
GLOBALDATA
The UK plans to completely phase out oil imports from Russia by the end of this year, which resulted in 43.7% rise in the fuel prices during January to July 2022
4 CRYPTO INVESTING IMPACTS YOU NEED TO NAVIGATE
The proliferation of cryptocurrency investment products continues at a rapid pace, encouraged by burgeoning sector acceptance and adoption—seemingly
GLOBALDATA
The ongoing geopolitical and macroeconomic headwinds seem to be making investors in the Asia-Pacific (APAC) region risk-averse. A total of 1,342 deals (mergers
GLOBALDATA
China’s e-commerce market, the world’s largest, is expected to register a strong growth of 10.4% in 2022, as consumers are increasingly shifting from offline
TRAVEL APPS DOWNLOADS
Now that the world is open following the pandemic, the world is making up for the lost time. The travel industry, in particular, has been reaping the benefits
GLOBALDATA
Capital markets were under intense pressure in the second quarter (Q2) of 2022 as foreign institutional investors indulged in heavy selloffs due to increased interest rates
THE GOOD, THE BAD, & THE UGLY
How bad is the American economy? Claudia Sahm on jobs, inflation, and the range of alternative near-term
SRI LANKA BONDHOLDERS ANNOUNCE FORMATION OF GROUP
More than 30 institutional holders of the 11 outstanding series of international bonds (the "Bonds") issued by the Democratic Socialist Republic of Sri Lanka
FINANCE SECTOR AMONG MOST BREACHED
The finance industry leads the list of most breached sectors, as shown in the latest study by NordPass. The research was conducted to assess the password habits
FITCH AFFIRMS SRILANKAN AIRLINES’ GOVERNMENT-GUARANTEED BONDS AT ‘C’
Fitch Ratings - Singapore/Colombo - 20 May 2022: Fitch Ratings has affirmed the rating on SriLankan Airlines Limited's (SLA) USD175
JAPAN CONTRIBUTES USD 1.5 MILLION TO HELP SRI LANKA PROVIDE FOOD ASSISTANCE TO PEOPLE AFFECTED BY THE ECONOMIC CRISIS
The Government of Japan today announced a USD 1.5million
FITCH DOWNGRADES SRI LANKA TO ‘RD’
Fitch Ratings - Hong Kong - 19 May 2022: Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency (LTFC) Issuer Default
SRI LANKAN MUTUAL FUNDS’ OUTFLOWS RISE AMID ECONOMIC TURMOIL
Fitch Ratings-Shanghai-11 May 2022: The Sri Lankan mutual fund industry experienced large outflows in March 2022 with total
SOME SRI LANKAN CORPORATES MORE AFFECTED BY STRESSED ENVIRONMENT
Fitch Ratings-Colombo/Singapore-29 April 2022: Some rated Sri Lankan corporates are more affected by the challenging macroeconomic
UNICEF
Article 3(1) of the United Nations Convention on the Rights of the Child (CRC) states that, “ln all actions concerning children the best
GIRLS’ PERFORMANCE IN MATHEMATICS NOW EQUAL TO BOYS
Paris, 27 April – In mathematics, the gender gap favouring boys in early grades gradually disappears, according to a new publication