Sri Lanka’s debt falls from best to worst in Asia
Sri Lanka has slipped from being the best performer in Asia’s dollar bond market to the worst, as Colombo struggles with an economic crisis that has been exacerbated by the coronavirus pandemic, reports Bloomberg.
At first Sri Lanka’s securities fell by 15.5% in September and then 20% in October, marking two consecutive months of great losses in the region, according to Bloomberg Barclays indexes. This comes after placing as one of Asia’s top performers in each of the three months through August.
Tamil Nadu 'Q branch' police confiscated 75 bags containing 2,000 kilograms of turmeric which were being smuggled to Sri Lanka by boat from Danushkodi.







