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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)

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)

The overall rate of inflation, as measured by the National Consumer Price Index (NCPI), has decreased to -0.7% in October 2024 from -0.2% in September 2024, according to the latest data released by the Department of Census and Statistics. MORE..

21 Nov 2024 (5:01 PM)

The Colombo Magistrate s Court today (21) issued an arrest warrant against former Minister Douglas Devananda after he failed to appear before the court to testify in an ongoing case. MORE..

21 Nov 2024 (8:50 PM)

Judges at the International Criminal Court (ICC) have issued arrest warrants for Israel s prime minister and former defence minister, as well as Hamas s military commander. MORE..

21 Nov 2024 (7:21 PM)

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)