Fitch Ratings-Hong Kong: APAC port and airport operators would face mixed but increasingly negative credit effects if Iran-linked shipping and airspace disruption persists, Fitch Ratings says.

Sri Lanka’s rupee closed at 310.85/95 to the US dollar in the spot market Wednesday, stronger than 310.95/311.05 the previous ...

Sri Lanka may see a rise in demand for electric and hybrid vehicles amidst the rise in fuel costs, a senior official of John ...

President Masato Kanda who met with Sri Lanka Prime Minister Harini Amarasuriya at ADB’s Manila headquarters, has reaffirmed the strong development partnership between ADB and Sri Lanka.

ECONOMYNEXT – Sri Lanka’s DFCC Bank said it will list its Blue Bond on the Luxembourg Stock Exchange. The bond is already listed on the Colombo Stock Exchange and on the National Stock Exchange ...

ECONOMYNEXT – A Sri Lankan court ordered Galle National Hospital to handover 84 bodies of Iranian sailors killed by the U.S.-trapedoed IRIS Dena to Iran Embassy after a Tehran request. The Galle Chief ...

Sri Lanka’s government has defended its decision to sharply increase fuel prices, labeling the move a necessary deterrent against a looming supply crunch caused by the West Asia conflict, minister ...

ECONOMYNEXT – National carrier SriLankan will increase its frequency to Australia from August this year to cater a growing demand in the sector, the company said in a statement.

“The expansion reinforces the airline’s commitment to strengthening its footprint in Australia, recently identified as one of the fastest-growing inbound tourism markets to Sri Lanka, driven by ...

Sri Lanka’s Treasury bill yields dipped at Wednesday’s auction, data from the Public Debt Management Office showed, with 96.71 billion rupees sold of an offered 130 billion.

Sri Lanka’s cabinet has approved a project to digitalize the Right to Information (RTI) Commission, supported by a 200,000 US ...

While the Central Bank currently holds a healthy $7 billion reserve buffer to manage foreign exchange demand, a prolonged oil ...