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Sri Lanka may reach a deal with investors to restructure its $12 billion in defaulted global bonds by mid-May, according to strategists at Standard Chartered. MORE..

17 Apr 2024 (10:28 PM)

Sri Lankan telecom operator Dialog Axiata has signed a definitive agreement to buy Bharti Airtel s operations in the island nation, the companies said on Thursday, nearly a year after the merger was announced. MORE..

18 Apr 2024 (3:04 PM)

The International Monetary Fund (IMF) stands ready to support Sri Lanka s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. MORE..

18 Apr 2024 (2:03 PM)