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Pledges by Sri Lanka s new President Anura Kumara Dissanayake to cut taxes and make changes to the country s International Monetary Fund bailout could keep the country s credit risks elevated for some time, rating agency Moody s has said. MORE..

25 Sep 2024 (11:50 PM)

The All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) has increased by 325.59 points to close at 11,659.71 today (25). MORE..

25 Sep 2024 (5:43 PM)

Fitch Ratings has affirmed Sri Lanka s Long-Term Foreign-Currency Issuer Default Rating (IDR) at RD (Restricted Default) and Long-Term Local-Currency IDR at CCC- . MORE..

25 Sep 2024 (7:51 PM)

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has assured Sri Lanka s newly elected President that the global lender remains a steadfast partner and stands ready to assist Sri Lanka to achieve its development and reform goals, including under the ongoing IMF-supported program. MORE..

25 Sep 2024 (3:30 PM)

Requesting newly elected president of Sri Lanka, Anura Kumara Dissanayake, to make a fresh beginning by using his sovereign Presidential powers and order the release of all Indian fishermen languishing in Sri Lankan jails as a token of goodwill and love, India s Congress MP, R Sudha... MORE..

25 Sep 2024 (2:35 PM)

The National Water Supply Drainage Board (NWSDB) announced that a 65-hour water cut will affect several areas in an around Kandy from 1.00 a.m. on September 28 to 6.00 p.m. on September 30, due to urgent maintenance activities of the Polgolla Reservoir. MORE..

25 Sep 2024 (5:05 PM)