Iran Conflict Raises New Credit Risks for Emerging Market Sovereigns: Fitch Ratings

The Iran conflict could raise additional challenges for some emerging market sovereigns, through such channels as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance, Fitch Ratings says. Hydrocarbon exporters could see positive effects. Under our baseline, in which the effective closure of the Strait of Hormuz lasts less than a month […]

CDS Accounts on the Increase. Crosses One Million Accounts 

Central Depository Systems (Pvt) Ltd (CDS), a subsidiary of the Colombo Stock Exchange (CSE), has reached a milestone as total registered accounts surpassed the 1 million mark. This achievement coincides with the approach of the organization’s 35th anniversary in September 2026, marking three and a half decades of providing depository infrastructure for the Sri Lankan […]

Risks of Middle East Aviation Disruption Rise the Longer It Lasts

The duration of the aviation disruption following the attacks launched by Israel and the US on Iran on 28 February and Iran’s subsequent attacks on countries in the region, will be fundamental to determining the implications for affected sectors, including airlines, airports, lodging, insurance and lessors, Fitch Ratings says. Our baseline expectation that the conflict […]

VIDEO: Should India Criticise US Attack on Iranian Warship Near Sri Lanka?

Outrage is growing in India after the US military sunk an Iranian warship near Sri Lanka in the Indian ocean. The warship had been in India to take part in the International Maritime Fleet Review and the MILAN multi-nationals drills. Was the US attack an affront to India? Should India criticise it?

Emirates Scales Back Operations Amid Partial Airspace Reopening

Dubai-based carrier Emirates has confirmed it is running a reduced flight schedule until further notice, following the partial reopening of regional airspace. The airline emphasized that safety remains its top priority as it gradually rebuilds operations. On March 5 and 6, more than 100 flights are scheduled to depart from and return to Dubai. These […]

Opinion: The Unlocked Potential of Ageing and Silver Economy in Sri Lanka

By Dr Bilesha Weeraratne With over 18% already aged 60 and above—and one in four projected to be 60 or older by 2041—the Sri Lankan population is rapidly ageing. IF harnessed effectively, the elderly population and the related Silver Economy have great potential to contribute to Sri Lanka’s economy. This blog analyses the challenges and […]

Sri Lanka ranks 20th globally for web-based cyber threats in 2025: Kaspersky

Sri Lanka continues to face significant cybersecurity challenges, with 30.4% of internet users experiencing web-borne cyberattacks in 2025, according to the latest Kaspersky Security Bulletin. The report places Sri Lanka in the 20th position globally when it comes to dangers associated with surfing the web. During the January-December 2025 period, Kaspersky products detected 9,153,362 different […]

HIP Expands RoRo Capacity with New Yard, Strengthening Position on East–West Trade Lane

Hambantota International Port (HIP) has commissioned a new six-hectare Roll-on/Roll-off (RoRo) yard as part of Stage I of Phase II of its RoRo yard expansion programme, marking a significant step in the port’s long-term automotive transhipment strategy. The newly completed yard increases vehicle parking capacity to 4,500 units per terminal space, easing pressure on existing […]

Fitch Publishes ‘AAA(lka)’ Rating on Hayleys’ Proposed Debentures

Fitch Ratings has published the National Long-Term Rating of ‘AAA(lka)’ assigned to Hayleys PLC’s proposed unsecured senior redeemable debentures of up to LKR7 billion. The debentures are rated in line with Hayleys’ National Long-Term Rating and existing unsecured notes. This is because subordination risk to debenture holders from debt at subsidiaries is limited, provided the […]

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