Category: In Pictures
DFCC Bank Senior Debentures rated Final AA- by Fitch
Fitch Ratings has today assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Stable) proposed senior unsecured debentures of up to LKR7bn a final National Long-Term Rating of ‘AA-(lka)’. The assignment of the final rating follows the receipt of documents conforming to information already received, and the final rating is the same as the expected ratings assigned on 3 […]
Fitch rates Singer Finance proposed Senior Debt BBB (EXP)
Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL; BBB(lka)/Stable) proposed senior secured redeemable debentures of up to LKR1.5bn a ‘BBB(lka)(EXP)’ National Long-Term expected rating. A full list of rating actions is at the end of this rating action commentary. The issue will have three tranches with bullet principal repayments in the third, fourth and […]
Papyrus opens larger, better-equipped Print Point at new home in Colombo
Papyrus Corporation has opened a spacious new Print Point in Colombo, significantly enhancing services, speed and customer convenience in its on-demand, quick-print digital printing business. Centrally located in a purpose-designed building within the YWCA premises at Union Place, Colombo 2, the new Print Point has received new equipment and more staff to fulfil its promise […]
Aitken Spence records Rs. 1.1bn as PBT in third quarter
Leading conglomerate Aitken Spence PLC posted its interim results to the Colombo Stock Exchange (CSE) released on Friday. The blue-chip’s financial results for the quarter ended 31st December 2015 saw profit-before-tax decrease by 25.3 per cent to Rs. 1.1 bn while profit attributable to equity holders decreased by 26.7 per cent to Rs. 637 mn. […]
‘s personal loans in 48 hours
Seylan Bank, a front runner in providing convenient customer focused products, has launched a fast-track programme for their personal loans due to the increased popularity and overwhelming response from the recipients. The product has attracted many segments in the market and the bank is all set to cater to a much larger audience in the […]
MR reveals the pledge given to Prince Hussein by President and PM
The President and Prime Minister have given the UN Human Rights Commissioner an assurance that last year’s UN Human Rights Council resolution against Sri Lanka will be implemented. This UNHRC resolution was accepted and co-sponsored by the Sri Lankan government and passed by the UNHRC without a vote. The UNP led government accepted the Geneva […]
Sri Lanka condemns North Korea missile launch
The Government of the Democratic Socialist Republic of Sri Lanka has condemned the launch of a long range missile by the Democratic People’s Republic of Korea on 07th February 2016. Sri Lanka calls upon the Democratic People’s Republic of Korea to abide by its international obligations and desist from any action that would adversely impact […]
Jayantha Jayasuriya took oaths as new Attorney General
Senior Additional Solicitor General Jayantha Jayasuriya took oaths as the new Attorney General before President Maithripala Sirisena this morning (11).
LUSH appoints Ms. Sri Lanka 2014 as Brand Ambassador
LUSH, one of the country’s most recognized Skin Clinique’s attributing a state-of-the-art approach appointed Ms. Sri Lanka 2014 Chulakshi Ranathunga as their Brand Ambassador. Setting in line the specialist Clinique’s tagline that focuses on ‘Beauty, Perfection and Confidence’, the event to mark the endorsement by Ms. Sri Lanka 2014 was patronized by LUSH, Directress Sheromi […]
BOI briefs non-resident ambassadors, defence attaches at Koggala Zone
The BOI organized a special programme for 57 Non-resident Heads of mission and Defence Advisors and Defence Attaches who were visiting Sri Lanka to attend the 68th Independence Day celebrations in Colombo. The group which consisted of many Ambassadors and High Commissioners was visiting different parts of the Island under a programme organized by the […]
WSO2Con Asia 2016 guest speakers announced
(Media release) Mountain View, CA – February 8, 2016 – WSO2 today announced the guest speakers and featured keynotes for WSO2Con Asia 2016, including presenters from Capgemini, Codegen, and University of Stuttgart. Representing enterprise customers, partners and researchers, they will examine the market forces, technology developments, and best practices for advancing in the connected world. […]
Litro Gas posts Rs. 6bn gross profits, volume growth 22-pct in 2015
The national LPG (liquid petroleum gas) company marks 2015 a record year posting gross profits of over Rs.6 billion with significant increases in volumes (22pct) and market growth (acquiring a total 485,548 new connections). The market leader has grown its reach, to make LPG available in all areas of the island through a network of […]