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Fitch Ratings Highlights Sovereign Credit Profile as Key to Sri Lankan Banks

November 23, Colombo (LNW): Fitch Ratings stated that Sri Lankan banks’ operating environment and credit profiles could improve with a better sovereign credit profile,...

Strong Growth in Colombo’s Apartment Market despite Economic Fluctuations

The Research Intelligence Unit (RIUNIT) recently reported impressive growth in apartment prices across Colombo and its suburbs, highlighting the city’s real estate market as...

SriLankan Airlines Wins 2025 APEX Best Entertainment Award 

SriLankan Airlines has earned the prestigious 2025 APEX Best Entertainment Award for the Central/Southern Asia region, a recognition unveiled at the FTE APEX Asia...

Sri Lanka’s Foreign Financing Situation in 2024:shows Signs of Economic Recovery

In 2024, Sri Lanka saw improvements in its foreign financing situation, bolstered by increased foreign reserves and substantial international support from organizations such as...

CEB to cut electricity tariffs on good financial performance

The Ceylon Electricity Board (CEB) is making all necessary arrangements to cut electricity tariffs to help lessen the burden on consumers, particularly low- and...

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