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Downgrades and its impact on banks

The Daily FT reported on Monday that Fitch Ratings had downgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from...

WHO delivers positive message about COVID-19

The Covid-19 pandemic could be eradicated if all countries fought together, the World Health Organisation (WHO) said in a statement.

Inflation further surged!

The inflation rate of Sri Lanka has surged to 12.1 per cent as of December, 2021. The figure stood at 9.9 per cent in November...

The price of a bundle of cement has been increased by Rs. 100

The price of a locally made bundle of cement has been increased by Rs. 100. Accordingly, its new price is 1375 rupees. The last time...

Opposition Leader Sajith Premadasa’s New Year Message

The Leader of the Opposition Sajith Premadasa has said that he wishes all the beloved people of Sri Lanka the strength and courage to...

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