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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 Government of Sri Lanka says that discussions related to the third review under the Extended Fund Facility of the International Monetary Fund (IMF) program were successfully concluded today (22). MORE..

22 Nov 2024 (8:17 PM)

President Anura Kumara Dissanayake called upon all public officials to unite with a common purpose and work together to transform the motherland into a better nation. MORE..

22 Nov 2024 (10:27 PM)

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)

Former Minister Harin Fernando has stated that he does not believe the then-Cabinet of Ministers is responsible for the incident involving the procurement of substandard human immunoglobulin vials. MORE..

22 Nov 2024 (3:13 PM)