Sri Lanka Central bank slams ‘Unwarranted Rating Action by S&P’

(LANKAPUVATH | COLOMBO) –The Sri Lankan government Wednesday slammed the rating action by the Standard & Poor’s (S&P) after the global rating agency downgraded Sri Lanka’s long-term sovereign credit rating from ‘CCC+’ to ‘CCC’ with a negative outlook on increasing external financing risks.

"Sri Lanka Central bank slams ‘Unwarranted Rating Action by S&P’"

Former LTTE intelligence operative had close links with underworld leader Angoda Lokka – report

(LANKAPUVATH | COLOMBO) –Former intelligence operative of the Liberation Tamil Tigers Eelam (LTTE) Satkunam alias Sabesan (47), who was arrested by the National Investigation Agency (NIA) from Chennai in October 2021 for alleged involvement in the smuggling of drugs and arms from Pakistan to Sri Lanka, had close links with Sri Lankan don Angoda Lokka and his aides, according to the investigation by the Tamil Nadu Crime Branch CID (CB-CID), The Hindu reported.

"Former LTTE intelligence operative had close links with underworld leader Angoda Lokka – report"

Sri Lanka President requests China to restructure debt, initiate trade-credit scheme

(LANKAPUVATH | COLOMBO) – A meeting between the State Counselor and Foreign Minister of China Wang Yi, and President Gotabaya Rajapaksa was held at the Presidential Secretariat Sunday (09) further strengthening the 65 years of diplomatic relations between China and Sri Lanka.

"Sri Lanka President requests China to restructure debt, initiate trade-credit scheme"