Category: In Pictures
JVP backed Youth Association lodges complain against Sajith Premadasa
JVP backed Socialist Youth Association today lodged a compliant against Housing and Construction Minister Sajith Premadasa at Bribery Commission over a controversial video leaked to social media. The association charged Deputy Leader of UNP for his conduct and said he is using ministry vacancies for his personal gain which is against the law. The association […]
We value UN work in Sri Lanka: Mangala at 71st UN Day
This year marks 71 years since the United Nations was established. Following the one-year ’70-60 Campaign’ under the tagline ‘Our UN. අපේ UN. எங்கள் UN.’ (‘Our UN. Apey UN. Engal UN.’), the 2017 UN Day was held at the UN Compound to celebrate all international and national staff of the UN Agencies in Sri Lanka […]
Hutch hosts Group Roaming Conference in Sri Lanka
(PRESS RELEASE) – Group Global Roaming Conference where representatives from Hutchison mobile companies in United Kingdom, Europe and Asia were present to discuss way forward roaming strategy and collective initiatives. As global roaming rates remain to be a hot topic amongst overseas travelers around the globe, discussions at the conference ensued on the application of […]
‘s proposed debenture BBB+(lka)(EXP)
Fitch Ratings has assigned Abans PLC’s (Abans; BBB+(lka)/Stable) proposed senior unsecured debenture issue of up to LKR1.5bn a National Long-Term Rating of ‘BBB+(lka)(EXP)’. The debentures will have tenors of three, four and five years and carry fixed and floating coupons. The debentures are to be listed on the Colombo Stock Exchange, with the proceeds to […]
‘s proposed debenture issue A-(lka)(EXP)
Fitch Ratings has assigned Singer (Sri Lanka) PLC’s (Singer;A-(lka)/Stable) proposed senior unsecured debenture issue of up to LKR4bn a National Long-Term Rating of ‘A-(lka)(EXP)’. The debenture is to be issued at a fixed rate with a tenor of three years. The proceeds of the proposed issue will be used to refinance existing debt. Singer’s proposed […]
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(PRESS RELEASE) – Fitch Ratings-Colombo-19 October 2016: Fitch Ratings has assigned Nations Trust Bank PLC’s (NTB: A(lka)/Stable) issue of subordinated debentures of up to LKR5bn a final National LongTerm rating of ‘A-(lka)’. The final rating is the same as the expected rating assigned on 15 September 2016, and follows the receipt of documents conforming to […]
Commercial Bank honoured in USA& Hong Kong
(PRESS RELEASE) – As the financial year draws to a close, the Commercial Bank of Ceylon has been presented with two more significant global awards in Washington DC and Hong Kong. Commercial Bank Chairman Mr Dharma Dheerasinghe and Managing Director Mr Jegan Durairatnam received the Global Finance award for the Best Bank in Sri Lanka […]
Fitch rates DFCC Bank subordinate debentures final A+(lka)
Fitch Ratings has assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Negative) Basel II-compliant subordinated debentures of up to LKR7bn a final National Long-Term Rating of ‘A+(lka)’. The final rating is the same as the expected rating assigned on 27 September 2016 and follows the receipt of documents conforming to information already received. The debentures, with tenors of […]
RIU Investor roadshow London 2016 holds session at the High Commission
(PRESS RELEASE) – The RIU (Research Intelligence Unit) Investor Forum, geared towards facilitating cross border investment between Sri Lanka and the United Kingdom was held at the Sri Lanka High Commission in Hyde Park Gardens, London on Friday the 7th October. The special focus of this event being on real estate and related investment facilitation […]
‘s Fitch rates Seylan Bank senior debt A-(lka)(EXP)
Fitch Ratings has assigned Seylan Bank PLC’s (A-(lka)/Stable) proposed senior debenture issue of up to LKR8bn a National Long-Term Rating of ‘A-(lka)(EXP)’. The debentures will have tenors of three and four years and carry fixed and floating coupons. The debentures are to be listed on the Colombo Stock Exchange, and the bank plans to use […]
Minister Daya Gamage pays last respect to Thai King
Condoling the demise of the King of Thailand His Majesty Bhumibol Adulyadej , Minister Daya Gamage paid last respect to the King at the Official Residence of Thai Ambassador, today (17).
Kuwaiti envoy held talks with Ceylon Chamber on trade & investments
Kuwaiti Ambassador in Sri Lanka, His Excellency Khalaf Bu Dhhair says his country is willing to help Sri Lanka’s development plans with required investments. The envoy conveyed this when he made a courtesy call to the Ceylon Chamber of Commerce on Thursday, the 13th October, 2016 and heldtalks with Chairman, Mr. Samantha Ranatunga. “Kuwait is […]