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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)

President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations set by the people in the recent mandate, it could lead to citizens losing hope in envisioning a prosperous future. MORE..

23 Nov 2024 (10:33 AM)

The Government of Sri Lanka says that discussions related to the third review under the Extended Fund Facility of the International Monetary Fund (IMF) program were successfully concluded today (22). MORE..

22 Nov 2024 (8:17 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)

Two Australian teenagers and a British woman died from suspected methanol poisoning after drinking tainted alcohol in Laos. An American man and two Danes also died, though their exact causes of death have not been released. MORE..

23 Nov 2024 (11:32 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)