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Sri Lankan banks operating environment (OE) assessment and overall credit profiles will be supported by any improvement in the sovereign s credit profile (Long-Term Foreign-Currency IDR- RD, Long-Term Local-Currency IDR- CCC-) following a completed debt restructuring, says Fitch Ratings. MORE..

22 Nov 2024 (2:06 PM)

A meeting took place this afternoon (22) at the Presidential Secretariat in Colombo between the Secretary to the President Dr. Nandika Sanath Kumanayake and the Japanese Ambassador to Sri Lanka, Akio Isomata. MORE..

22 Nov 2024 (8:51 PM)

Valery Zaluzhny, former military Commander-in-Chief of Ukraine, believes World War III is underway, adding the direct involvement of Russian allies in the conflict indicates the same. MORE..

22 Nov 2024 (11:40 PM)

The strike action launched by all academic and non-academic staff trade unions, along with student unions affiliated with the University of Ruhuna, demanding the immediate removal of the Vice Chancellor, entered its fourth consecutive day today (Nov. 22). MORE..

22 Nov 2024 (11:09 AM)

Representatives of the International Monetary Fund (IMF) are scheduled to issue an official statement this morning (23) regarding the third review under the Extended Fund Facility (EFF). MORE..

23 Nov 2024 (10:21 AM)

Train services on the coastal line are expected to experience delays this morning (22) due to a train traveling from Galle to Mount Lavinia breaking down near the Boossa railway station. MORE..

22 Nov 2024 (10:40 AM)