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Singapore Airlines Launches Boeing B787-10 on Colombo-Singapore Route

Singapore Airlines commenced operation of Boeing B787-10 Dreamliner between Colombo and Singapore on 27 March 2023. Constructed using lightweight composite materials, the 68-metre B787-10 is the longest variant of Boeing’s Dreamliner range. Passengers can look forward to a comfortable journey, ex

Fitch Downgrades Hela Apparel Holdings to AA-(Ika) ; Outlook Negative

Fitch Ratings has downgraded Sri Lanka- based apparel manufacturer Hela Apparel Holdings PLC's National Long-Term Rating to 'AA-(Ika)', from 'AA(Ika)'. The Outlook is Negative. The downgrade is based on our forecast that Hela's interest coverage and leverage will weaken to below our negative rat

Domestic debt optimization to be conducted on a voluntary basis based on consultations with major Bondholders

The Authorities are exploring options for a domestic debt optimization (DDO) operation aimed at liquidity relief while preserving financial stability to avoid further eroding of Sri Lanka’s repayment capacity and it is envisaged that this DDO will be conducted on a voluntary basis and be based on th

Slain journalist, Lasantha Wickrematunge s biography launched in Colombo

The biography of the late Editor of The Sunday Leader Lasantha Wickrematunge, Unbowed & Unafraid was launched today by his ex-wife Raine Wickrematunge, at an event held at the Sri Lanka Foundation Institute. The welcome address was delivered by Lasantha Wickrematunge's niece, journalist Raisa

We have not authorized anyone to operate cryptocurrency schemes in Sri Lanka, warns CBSL – Lanka Business Online

Sri Lanka's Central Bank says that they have not issued any licence or authorized any individual or business to operate schemes involving cryptocurrency, and has not authorized any Initial Coin Offerings (ICOs) or any variant of it, cryptocurrency mining operations, cryptocurrency exchanges, deposit

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