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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 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)

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 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)

Former Minister Lohan Ratwatte s wife Shashi Prabha Ratwatte has been further remanded until December 02 after she was produced before the Nugegoda Magistrate s Court today (22). MORE..

22 Nov 2024 (1:00 PM)