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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...
A baby elephant born at the Pinnawala Elephant Orphanage to be named after Minister of State for Wildlife
It is reported that it has been proposed to name a baby elephant born at the Pinnawala Elephant Orphanage belonging to the Department of...
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...