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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)

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)

The Meteorology Department says a low pressure area is likely to form over southeast Bay of Bengal around November 23. MORE..

22 Nov 2024 (9:54 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 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)

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)