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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 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 Deputy Ministers of the new government have been sworn in this evening (21) at the Presidential Secretariat in Colombo. MORE..

21 Nov 2024 (5:52 PM)

Solo travellers are getting older and are increasingly drawn to Asian destinations - with Sri Lanka securing the most popular spot for 2025, says new data from Flash Pack. MORE..

22 Nov 2024 (1:28 PM)

Singapore-based low-cost airline Jetstar Asia (3K) celebrated the launch of its direct flights between Singapore and Colombo today, as the Singapore carrier becomes the only low-cost airline to operate the route. MORE..

21 Nov 2024 (11:47 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)