Fitch Ratings has affirmed Bank of Ceylon’s (BOC) Long-Term Local-Currency Issue Default Rating (IDR) at ‘CCC-‘ and removed it from Rating Watch Negative (RWN). The Outlook is Stable.

Several countries other than China have requested Sri Lanka to provide Toque macaque monkeys for their zoos, Agriculture Minister Mahinda Amaraweera said.

Sri Lanka’s central bank resumed interest rate cuts on Thursday to boost growth as the government seeks to lift revenue and repair its balance sheets in a bid to sustain financial support from the International Monetary Fund.

The ongoing railway strike launched by the Railway underguards has been called off following a discussion which took place this morning (October 05) with State Minister Lasantha Alagiyawanna.

Crisis-hit Sri Lanka will focus on improving tax collection to reduce budget deficits as it streamlines the structure of the tax system, the treasury secretary said on Wednesday, with new legislation planned to improve public finances.

Litro Gas Lanka has increased the prices of domestic liquefied petroleum gas (LPG) cylinders with effect from midnight today (October 04).

The number of people seeking medical treatment at government hospitals in Sri Lanka has increased exponentially, Minister of Health Keheliya Rambukwella said.

Former Central Bank governor Ajith Nivard Cabraal and former Presidential Secretary Lalith Weeratunga have been released from the case filed by Ven. Thiniyawala Palitha thero over alleged public funds misappropriation.

After settling the controversial electricity bill of MP Namal Rajapaksa, State Minister for Water Supply Sanath Nishantha has decided to pay the electric bills of low-income families of members of the Sri Lanka Podujana Peramuna (SLPP).

Mohamed Uvais Mohamed, Chairman of both Ceylon Petroleum Corporation (CEYPETCO) and Ceylon Petroleum Storage Terminals LTD (CPSTL) has resigned from his posts.

The World Bank revised up its forecasts for Sri Lanka’s economy on Tuesday, noting the crisis-hit nation had made strides in reducing inflation and had benefited from tourism revenue as well as an appreciation in its currency.

Sri Lanka President Ranil Wickremesinghe slammed the allegations levelled in the documentary aired by British television network Channel 4 during an interview with an international broadcaster Deutsche Welle based in Germany.

The US government said a bondholder’s lawsuit against Sri Lanka over the country’s historic debt default should be put on hold.

Sri Lanka will introduce the new motor vehicle revenue license system (eRL 2.0) on October 07, 2023.