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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)

A meeting took place this afternoon (22) at the Presidential Secretariat in Colombo between the Secretary to the President Dr. Nandika Sanath Kumanayake and the Japanese Ambassador to Sri Lanka, Akio Isomata. MORE..

22 Nov 2024 (8:51 PM)

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)

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)

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)

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)