Support Measures Ease Pressure on Sri Lankan Banks’ Credit Profiles: Fitch Ratings
Sri Lankan banks' performance in 2020 and 1Q21 exceeded Fitch Ratings’ initial expectations, thanks to stimulus and regulatory relief measures. …
Sri Lankan banks' performance in 2020 and 1Q21 exceeded Fitch Ratings’ initial expectations, thanks to stimulus and regulatory relief measures. …
A consignment of Pfizer vaccines today arrived in Colombo, the first batch of 800,000 doses to be delivered in the next few weeks. A total of five …
Reiterating its commitment to expanding connectivity to every corner of the nation, Dialog Axiata PLC, the widest network in Sri Lanka, launched its …
With a view to assist and maintain the financial system stability by minimizing the pressure on the exchange rate and preserving the foreign currency …
The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by …
President Gotabaya Rajapaksa has instructed the health sector official to vaccinate all the people aged over 30 in the Western Province before July …
By Imesha Dissanayake State-Owned Enterprises (SOEs) have many definitions to it, often entailing a definition of a legal entity engaged in a …
First Capital Holdings PLC launches a three-year CSR programme by partnering with Habitat for Humanity Sri Lanka to build homes for families in need. …
Sri Lanka's largest banks are the most susceptible to heightened sovereign risk due to their higher exposure to foreign-currency denominated …
Windows 11, due out later this year, is full of new features, including a new Start menu that's been moved to the center and a Microsoft Store with …
NDB Bank disclosed that they have secured a long term funding line of USD75Mn from the Development Finance Corporation of the United States to …
The Ceylon Chamber of Commerce elected Mr. Vish Govindasamy as its Chairman during the Chamber’s 182nd Annual General Meeting on Tuesday …
The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce has joined hands with Hutchison Telecommunications Lanka (Pvt) Ltd and …
WindForce Ltd., the pioneers of renewable energy in both Sri Lanka and other countries across the globe, has just been approved by the Institution of …
South Asia’s heavy reliance on state-owned commercial banks, state-owned enterprises, public-private partnerships and other national and …
Sri Lankan rated corporates with financial-service (FS) subsidiaries face a rise in Fitch-adjusted debt and potential rating pressure due to the …
SriLankan Airlines the national flag carrier of Sri Lanka has been awarded “Diamond” Standard by the APEX Health Safety (Airline Passengers …
By Sri Lanka Chamber of the Pharmaceutical Industry Pharmaceutical companies are witnessing changes in operations across the board, and events …
By Asela Atukorala Sri Lanka is unfortunately in a sad state right now with its biggest problem being the third wave of the COVID-19 pandemic. There …
: Uber Eats today announced it has tripled the area served by its grocery delivery service so residents can access supplies such as fresh fruits, …
Prime Minister Mahinda Rajapaksa met with an Omani investors delegation from Shumookh Investment and Services SAOC which is the investment arm of …
While there may be short-term fluctuations in foreign reserves in the period ahead due to debt servicing of the Government, adequate financing …
Fitch Ratings has assigned Commercial Bank's proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR10 billion …
President Gotabaya Rajapaksa's special address to the nation will be telecast/broadcast tomorrow (25) at 8.30 pm on all television channels and radio …