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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 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)

The Colombo Magistrate s Court today (21) issued an arrest warrant against former Minister Douglas Devananda after he failed to appear before the court to testify in an ongoing case. MORE..

21 Nov 2024 (8:50 PM)

A group of civil society activists today lodged a complaint with the Criminal Investigation Department (CID) against newly elected Jaffna District Independent MP Dr. Archchuna Ramanathan. MORE..

22 Nov 2024 (7:25 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)

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)