Tag: Sri Lanka

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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...

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Sri Lanka Targets Pharmaceutical Exports amid Industry Growth

In a renewed push to expand its export base,...

South Asia’s Premier Fight League Heads to Colombo, Boosting Sports Tourism

Sri Lanka is set to become the regional hotspot...

Bold Reforms Critical to Sustain Sri Lanka’s Economic Recovery, New Report Warns

Sri Lanka must act urgently to implement bold economic...

UK Duty Relief Offers Respite from US Tariffs on Lankan Apparel Sector

Sri Lanka’s apparel sector has received a significant boost...

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