UN Assistant Secretary General concludes visit; reinforces support to national development agenda

United Nations Assistant-Secretary-General (ASG), United Nations Development Programme (UNDP) Regional Director for Asia and the Pacific, Ms. Kanni Wignaraja met with President Anura Kumara Dissanayake and Prime Minister Dr. Harini Amarasuriya during her one day in-country mission yesterday. ASG Wignaraja was accompanied by Resident Representative of UNDP in Sri Lanka, Ms. Azusa Kubota. In her […]

Enhanced educational cooperation creates more opportunities for Sri Lankan Teachers in Maldives

The High Commissioner of Sri Lanka to the Maldives Ranga Goonawardana recently held a meeting with the Minister of Education  of Maldives Dr. Ismail Shafeeu to explore ways to enhance educational collaboration between the two nations. The discussions underscored the significance of leveraging the shared history and cultural ties between Sri Lanka and Maldives to foster mutual […]

Foreign Minister invites Japan to resume investment projects which are currently in pipeline

In an effort to strengthen economic ties, the Foreign Minister of Sri Lanka cordially invites Japan to resume the investment projects that are currently in the pipeline. Additionally, he warmly welcomes fresh investments from Japan across various sectors, including power, infrastructure (such as ports and highways), as well as the green and digital economy. Media […]

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FitchRatings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’ from ‘B-‘. Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS Ratings Downgrade: The downgrade of the Maldives’ […]

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