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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 Deputy Ministers of the new government have been sworn in this evening (21) at the Presidential Secretariat in Colombo. MORE..

21 Nov 2024 (5:52 PM)

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)

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)

British politician John Prescott, a former merchant seaman who rose to the post of deputy prime minister, has died at age 86. MORE..

21 Nov 2024 (4:18 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)