Fitch Downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’

Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency (LTLFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’.



Egg prices expected to drop, imports unnecessary from next year – Minister

Minister of Agriculture Mahinda Amaraweera has assured that egg and chicken prices are likely to decrease next year and remain stable thereafter.



Sri Lanka pip Pakistan to make Asia Cup final vs India

Sri Lanka kept their Asia Cup title defence alive as they beat Pakistan by two wickets in an edge-of-the-seat thriller on Thursday to book their place in Sunday’s final against India.



Sri Lanka bondholders talks focus on state enterprise debt, domestic banks – sources

Talks between Sri Lanka and its international bondholders will seek common ground on how much of a hit should be incurred by domestic banks and holders of debt of the country’s state-owned enterprises (SOEs), two sources with direct knowledge said.



Nishantha Muthuhettigama remanded

Former Member of Parliament Nishantha Muthuhettigama has been remanded by the Galle Chief Magistrate until September 21.



SriLankan Airlines obtains Government’s approval to recruit foreign pilots

The SriLankan Airlines says it has already obtained the approval of the Government of Sri Lanka to recruit foreign pilots.



First review of IMF’s Extended Fund Facility for Sri Lanka to commence today

The first review of the International Monetary Fund’s Extended Fund Facility (EFF) for Sri Lanka is slated to commence today (September 14).



Underworld figure ‘Ganemulla Sanjeewa’ arrested

Notorious underworld figure and drug trafficker Sanjeewa Kumara alias ‘Ganemulla Sanjeewa’ was arrested by Immigration Officers at the Bandaranaike International Airport (BIA) in Katunayake yesterday evening (September 13).



Train strike called off

The Sri Lanka Railways Locomotive Operating Engineers’ Union has decided to call off their strike with immediate effect.



Sri Lanka Railways informed 84 railway workers to report to work immediately

Sri Lanka Railways informed 84 railway workers who are currently engaged in a strike to report to work immediately.



Sri Lanka to introduce daily automated fuel price revising system from 2024

Daily automated price revising system will be implemented at all fuel stations under Ceylon Petroleum Corporation (CEYPETCO) in Sri Lanka from next year, Minister of Power and Energy Kanchana Wijesekera said.



Lasith Malinga makes massive call on Dunith Wellalage’s future

Sri Lanka legend Lasith Malinga has heaped praise on Dunith Wellalage, after the young spinner had India’s high-profile top-order in a spin with a superb bowling performance at the Asia Cup.



Army personnel deployed to 32 railway stations in Sri Lanka

Sri Lanka Army personnel have been deployed to 32 railway stations across the country to ensure the safety and security of the commuters and workers.



Sri Lanka’s Defence Ministry issued notification on payment of salaries and allowances to retired disabled soldiers

Sri Lanka’s Ministry of Defence announced that it has already made necessary arrangements for stipends to be paid to disabled tri forces personnel who retire from service on medical grounds due to disabilities caused during the war.



President Ranil discusses future political agenda with Basil Rajapaksa – sources

A meeting focusing on future political agendas is believed to have taken place between President Ranil Wickremesinghe and the National Organiser of the Sri Lanka Podujana Peramuna (SLPP) Basil Rajapaksa, as per political sources.



Sri Lanka Police started investigation after Harak Kata’s escape attempt

Sri Lanka Police launched a special investigation after an underworld gangster Nadun Chinthaka also known as ‘Harak Kata’ attempted to grab the service weapon issued to a Police Special Task Force (STF) Sub-Inspector.