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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)

Sri Lanka s Foreign Ministry announced that Sri Lanka was among thirty-one (31) members elected to the United Nations Commission on International Trade Law (UNCITRAL) by the UN General Assembly on 20 November 2024. MORE..

22 Nov 2024 (2:20 PM)

President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations set by the people in the recent mandate, it could lead to citizens losing hope in envisioning a prosperous future. MORE..

23 Nov 2024 (10:33 AM)

Valery Zaluzhny, former military Commander-in-Chief of Ukraine, believes World War III is underway, adding the direct involvement of Russian allies in the conflict indicates the same. MORE..

22 Nov 2024 (11:40 PM)

IMF staff and the Sri Lankan authorities have reached staff-level agreement on economic policies to conclude the third review of Sri Lanka s economic reform program supported by the IMF s Extended Fund Facility (EFF). MORE..

23 Nov 2024 (12:59 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)