Acting Minister of Finance Shehan Semasinghe says that Sri Lanka has to secure a staff-level agreement with the International Monetary Fund (IMF) review team to unlock the second tranche of the Extended Fund Facility amounting to approximately 330 million US Dollars.
SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline s network in Australia and offer customers extensive connections across the land down under and beyond.
Fitch Ratings has upgraded Sri Lanka s Long-Term Local-Currency Issuer Default Rating (IDR) to CCC- from RD (Restricted Default). Fitch typically does not assign Outlooks to sovereigns with a rating of CCC+ or below. The Long-Term Foreign-Currency IDR has been affirmed at RD and the Country Ceiling at B- .
Six wild elephants were killed in two separate train accidents in Sri Lanka, the Police and wildlife officers said. The accidents had occurred in Batticaloa and Galgamuwa. In one accident, four elephants were killed when a night mail train operating from Colombo to Kankasanthurai crashed into the elephants near Galgamuwa Three elephants were killed on […]