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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 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)

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)

The government announced that the Rs. 3,000 allowance designated for elderly individuals aged over 70, enrolled in the "Aswesuma" welfare benefit program, has been credited to their respective bank accounts. MORE..

22 Nov 2024 (5:33 PM)

Former Minister Harin Fernando has stated that he does not believe the then-Cabinet of Ministers is responsible for the incident involving the procurement of substandard human immunoglobulin vials. MORE..

22 Nov 2024 (3:13 PM)