SriLankan Airlines Up for Sale: Government Seeks US$500M Capital Injection in Debt Restructuring Drive
The Sri Lankan government has issued an Expression of Interest (EOI) for the divestiture of its national carrier, SriLankan Airlines,...
Debt-Ridden Fenaka Faces Parliamentary Scrutiny
Fenaka Corporation, the Maldives’ government-owned utilities company, is now facing parliamentary scrutiny in addition to the ongoing investigations by the...
Maldives’ Credit Rating at B-,Outlook Negative, Says Fitch Ratings
Fitch Ratings has affirmed the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘ with a ‘negative outlook.’ In Fitch’s...
