Sri Lanka is looking for transformational growth as the country is recovering from the latest economic crisis, Chairman of Ceylon Chamber of Commerce, Duminda Hulangamuwa said.
Sri Lanka’s rupee appreciated sharply to close at 297.05/15 to the US dollar in the spot market Tuesday, from Monday’s close of 298.50/60, dealers said, while bond yields held broadly steady.
Fitch Ratings has upgraded the national long-term rating of Ceylon Electricity Board (CEB) and CEB's senior unsecured debentures to A(lka) from BB+(lka), Sri Lanka's power utility said.