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Fitch Ratings has upgraded Sri Lanka s Long-Term Local-Currency Issuer Default Rating (IDR) to CCC- from RD (Restricted Default). Fitch typically does not assign Outlooks to sovereigns with a rating of CCC+ or below. The Long-Term Foreign-Currency IDR has been affirmed at RD and the Country Ceiling at B- . MORE..
28 Sep 2023 (8:06 PM)
Six wild elephants were killed after colliding with trains in two separate incidents along the Batticaloa line at around midnight yesterday (27). MORE..
28 Sep 2023 (7:01 PM)
Leader of the Opposition Sajith Premadasa says that the government has failed to fulfil the task they have undertaken in terms of restoring the country s economic stability. MORE..
28 Sep 2023 (11:05 PM)
UPDATE-The National Building Research Organization (NBRO) has updated the landslide early warning issued this morning, owing to the continuous heavy rainfall. MORE..
28 Sep 2023 (2:02 PM)
Acting Minister of Finance Shehan Semasinghe says that Sri Lanka has to secure a staff-level agreement with the International Monetary Fund (IMF) review team to unlock the second tranche of the Extended Fund Facility amounting to approximately 330 million US Dollars. MORE..
28 Sep 2023 (10:28 PM)
