Category: In Pictures
SLABA & Royal Turf Club to promote Sri Lanka’s apparel brands
The Sri Lanka Apparel Brands Association [ SLABA ] together with The Royal Turf Club will stage the Royal Turf Club SLABA Runway 2016, featuring the cream of Sri Lanka’s apparel brands who will showcase their products at what will be the first of an Annual Ramp Extravaganza! Royal Turf Club SLABA Runway 2016’ will […]
”s senior debt AA (lka)(EXP)
Fitch Ratings has assigned People’s Leasing & Finance PLC’s (PLC, AA(lka)/Stable) proposed senior debenture issue of up to LKR8bn an expected National LongTerm Rating of ‘AA(lka)(EXP)’. The debentures, which will have tenors of three, four and five years and carry fixed coupons, will be listed on the Colombo Stock Exchange. PLC expects to use the proceeds for working capital […]
Secretary of the Ministry calls in High Commissioner of Malaysia
(Press Release) – The Secretary of the Ministry of Foreign Affairs called in the High Commissioner of Malaysia to the Ministry of Foreign Affairs to express the condemnation of the Government of Sri Lanka, on the assault carried out by a group of persons yesterday Sunday 4 September 2016, on Sri Lanka’s High Commissioner to […]
WHO certifies Sri Lanka malaria-free
(PRESS RELEASE) – Colombo, 5 September 2016: In a remarkable public health achievement, Sri Lanka was today certified by WHO on having eliminated malaria, a life-threatening disease which long affected the island country. “Sri Lanka’s achievement is truly remarkable. In the mid-20th century it was among the most malaria-affected countries, but now it is malaria-free. […]
‘s exports to Sri Lanka up 44-pct in 1H 2016
Malaysia’s exports to Sri Lanka jumped 44 per cent to RM414.05 million in the first half of the year, up from RM286.23 million in the same period last year. Plantation Industries and Commodities Minister (Malaysia) Datuk Seri Mah Siew Keong said the increase was largely contributed by palm oil products valued at RM267.71 million, as […]
CDS celebrates 25 years in Sri Lankan capital market
Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), celebrates 25 years in the Sri Lankan Capital Market today. The CDS was established by the CSE in 1991, marking a historic breakthrough in clearing and settlement in Sri Lanka. The milestone was celebrated at a market opening ceremony […]
NDB opens trading for September at Colombo Stock Exchange
National Development Bank PLC (NDB) rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) for the month of September and recognized the capital market as a key contributor to the growth of the Bank over the years. Director/Chief Executive Officer of NDB Mr. Rajendra Theagarajah stated “NDB is a classic example […]
UNSG meets President, Speaker of Parliament and political party leaders
The President, the Speaker of the Parliament and other leaders of political parties met with the visiting United Nations Secretary General Ban Ki-moon in Colombo.
Fitch affirms Citibank Colombo branch at AAA(lka); outlook stable
Fitch Ratings has affirmed Citibank N.A.Colombo Branch’s (CitiSL) National LongTerm Rating at ‘AAA(lka)’. The Outlook is Stable. KEY RATING DRIVERS CitiSL’s rating is the highest on the National Rating scale and reflects the credit profile and financial strength of Citibank, N.A. (A+/Stable). Citibank, N.A.’s rating is higher than Sri Lanka’s LongTerm Localand ForeignCurrency Issue Default Ratings of ‘B+/Negative’, and as a result […]
Ban Ki-moon calls on Prime Minister Ranil Wickremesinghe
UN Secretary General Ban Ki-moon calls on Hon. Prime Minister Ranil Wickremesinghe shortly after arriving in Sri Lanka yesterday evening.
Ceylinco Life’s 6-month income up 14-pct to Rs 11 billion
(PRESS RELEASE) – Ceylinco Life has reported that total income grew 14 per cent to Rs 11.028 billion in the six months ending 30th June 2016, with robust growth in both gross written premium and income from investments enabling the life insurance leader to consolidate its position at the helm of the sector. Gross premium […]
Asia Pacific shows progress in water security, challenges remain – ADB
STOCKHOLM, SWEDEN (30 August 2016) – Water security in Asia and Pacific has progressed overall in the past 5 years, but major challenges remain, including overexploited groundwater, demand from rising populations, and climate variability, according to a new report from the Asian Development Bank (ADB). The new edition of the Asian Water Development Outlook (AWDO […]