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Fitch rates BOC's Basel III subordinated debt 'A(EXP)(lka)'

Sri Lanka, April 3 -- Fitch Ratings yesterday assigned Bank of Ceylon's (BOC) (CCC+/CCC+/AA-(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to Rs.15 billion an expec... Read More


Colombo joins Emirates' list of destinations for upgraded B777 experience

Sri Lanka, April 3 -- Emirates announced yesterday that Colombo would be among the next eight destinations to be served by the airline's B777s with the upgraded cabins, as the airline's retrofit progr... Read More


Cargills Bank says core operations unaffected by data breach

Sri Lanka, April 3 -- Cargills Bank yesterday said its core operations remain fully secure and functional, despite a cybersecurity incident that occurred last month. In a disclosure to the Colombo St... Read More


SL slapped with 44% reciprocal tariff by US

Sri Lanka, April 3 -- Sri Lanka has been slapped with 44 percent reciprocal tariff by the US, which would impact the local export sector, particularly apparel. According to President Donald Trump's ... Read More


Commonwealth cemetaries preserve their legacy with the greatest care

Sri Lanka, April 3 -- The sight of a cemetery would spontaneously bring fear and trepidation to anyone's heart, and only rarely would one have an iota of thought about the realities it symbolises. The... Read More


Dilapidated Railway Overhead Bridges Pose a Danger

Sri Lanka, April 3 -- Passenger overhead bridges at several Railway stations on the coastal Railway have become death traps. On March 27, a passenger train passing Egoda Uyana Railway station in Mora... Read More


Ethical and Legal Concerns Surrounding Sri Lanka's First Sperm Bank

Sri Lanka, April 3 -- Sri Lanka's first-ever sperm bank has been established at the Castle Street Hospital in Colombo, marking a significant development in reproductive healthcare. The hospital is now... Read More


Is Governance a Luxury that Only Rich Countries Can Afford?

Sri Lanka, April 3 -- March 2025 Rwanda. There I was, fresh off the plane, ready to immerse myself in a country that had only existed in my imagination as a name on a map. While I was certain about tw... Read More


Incidents of suicide Have media ethics died a natural death?

Sri Lanka, April 3 -- At least five known incidents of youth deaths by suicide happened in Sri Lanka during the first three months of 2025. At least five known incidents of youth deaths by suicide ha... Read More


Climate change and farmers' struggles in Mannar

Sri Lanka, April 3 -- Mannar is a region where most people depend on farming for their livelihood in one of Sri Lanka's 'dry zones.' But in recent times, climate change has made farming here very diff... Read More