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Middle East sovereign ratings resilient to short conflict: Fitch

Daily FT

March 05, 2026

MIDDLE

Eastern sovereign credit ratings broadly have sufficient buffers to withstand a short regional conflict, provided hostilities do not escalate or cause lasting damage to energy infrastructure, according to Fitch Ratings.The rating agency said attacks launched by Israel and the US on Iran on 28 February have had a stronger impact than earlier tensions in June 2025, but its baseline scenario assumes the conflict will last less than a mont

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Daily FT

Middle East sovereign ratings resilient to short conflict: Fitch

MIDDLE

1 min

March 05, 2026

Daily FT

Ceylinco Life takes lead for 22nd year with premium income of Rs. 44.18 b

Reports total income of Rs. 72.43 b Total assets up 14.15% to Rs. 287 b Pays Rs. 31.07 b in net claims and benefits to policyholders, up 24.06% Life Fund crosses Rs. 200 b mark

2 mins

March 05, 2026

Daily FT

Govt. to recruit 15,839 to public sector

Over 9,700 of this to fill Defence Ministry vacancies

1 mins

March 05, 2026

Daily FT

CBSL approves BOC GM/CEO appointment

BANK of Ceylon (BOC) yesterday said that the Central Bank of Sri Lanka (CBSL) has granted approval for Y.A. Jayathilaka to perform executive functions as the General Manager/CEO of the bank with effect from 27 February 2026.

1 min

March 05, 2026

Daily FT

Allen powers New Zealand to final with fastest century

South Africa lose T20 World Cup first semi-final by 9 wickets

2 mins

March 05, 2026

Daily FT

COLOMBO PORT CITY ACT REVISIONS IMPROVE EASE OF DOING BUSINESS

The 2026 amendments 1 to the Colombo Port City Economic Commission (CPCEC) Act marks an important shift in Sri Lanka’s economic landscape.

1 mins

March 05, 2026

Daily FT

Cabinet directs to gazette draft bill to repeal Chief of Defence Staff Act

THE Cabinet of Ministers on Tuesday approved publishing the draft bill to repeal Chief of Defence Staff Act No. 35 of 2009 in the Government gazette before submitting it to Parliament for approval.

1 min

March 05, 2026

Daily FT

CSE on the up by 0.60% on bargain hunting

THE Colombo stock market rebounded yesterday buoyed by bargain hunting after a record single-day decline in the previous session.

2 mins

March 05, 2026

Daily FT

Global markets remain volatile on escalating Mideast conflict

GLOBAL financial markets remained volatile on Wednesday as investors reacted to the escalating conflict in the Middle East, with sharp equity losses in Asia, rising bond yields and higher energy prices fuelling concerns about inflation and delayed interest rate cuts.

1 min

March 05, 2026

Daily FT

ENRICH TEA & FOOD EXPORTS WINS NCE GOLD, ACCELERATES GLOBAL GROWTH STRATEGY

Enrich Tea & Food Exports continued its trajectory of export excellence by securing the Gold Award in the Fresh & Processed Agricultural Export Crops Extra Large Category at the National Chamber of Exporters (NCE) Export Awards 2025.

3 mins

March 05, 2026