Category: Other
Fitch affirms SriLankan Airlines govt guaranteed bonds at B+
Fitch Ratings has affirmed SriLankan Airlines Limited’s (SLA) US dollar-denominated government guaranteed bonds at ‘B+’. KEY RATING DRIVERS The airline’s bonds are rated at the same level as SLA’s parent, the government of Sri Lanka (GoSL; B+/Negative) due to the unconditional and irrevocable guarantee provided by the government. GoSL held 99.5% of SLA as at […]
Fitch Rating Lanka re-affirms Bank of Ceylon AA+; outlook stable
Fitch’s periodic review re-affirmed the Bank of Ceylon’s (BOC) National long-Term Rating as AA+ (lka) Outlook Stable in January 2017 and the International Long-Term Issuer Default Rating (IDR) as B+ Outlook Negative. The Bank has been obtaining ratings from Fitch Rating Lanka Ltd since 2000 and has been gradually improving since it obtained its National […]
John Keells Holdings announces second interim dividend
The Board of Directors of John Keells Holdings today announced a second interim dividend of two rupees per share for the 2016/17 financial year. The diversified conglomerate said in a stock exchange filing that the payment date of the dividend will be 16th February 2017.
Sri Lanka Ease of Doing Business Forum meets tomorrow
The Ministry of Finance will be holding the eleventh Forum of the “Ease of Doing Business” tomorrow 27 January 2017 at 2. 00 pm at the 4th Floor Auditorium of MILODA, Academy of Financial Studies, (Old Times Building), Sir Razik Fareed Mawatha, Colombo-01. Ease of Doing, a special forum held by the Finance Ministry under […]
Sri Lanka’s first Palliative Care Centre to open in Anuradhapura
The Government of Sri Lanka, along with Shanthi Foundation, an Australian registered charity, announced its plans to establish Sri Lanka’s first ever Palliative Care Centre in Anuradhapura. This is a joint initiative involving the Presidential Task Force on Prevention of Chronic Kidney Disease, the Ministry of Health, the Sri Lankan High Commission of Australia and […]
‘s 2016 tea production, exports down, revenue up
Jan 26, 2017 (LBO) – Sri Lanka’s tea exports for 2016 totaled 288.7M/kgs compared with 306.9M/kgs during 2015 showing, a decrease of 18.2M/kgs, a tea market report said. “This records the lowest export volume since 2002 where total exports declined to 287.2M/kgs,” Forbes & Walker Tea Brokers said in their latest report. When analyzing the categories of exports, […]
Aitken Spence Hotels Turyaa Chennai amongst Top Five-Star Hotels in the City
(PRESS RELEASE) – Turyaa Chennai, owned and operated by Aitken Spence Hotels has successfully met criteria for obtaining “5-Star Deluxe” classification, ranking it as one of five hotels in Chennai to have obtained this highly sought after accreditation. Turyaa Chennai now joins Hilton Chennai, Hyatt Regency Chennai, ITC Grand Chola Chennai and Park Hyatt Chennai […]
CA Sri Lanka joins Chartered Accountants Worldwide
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has become the eleventh member of international body Chartered Accountants Worldwide. CA Sri Lanka is the sixth Chartered Accountancy body to be awarded Associate membership to the organisation since it was launched in February 2013. As an Associate Member, CA Sri Lanka joins a […]
Sri Lanka returns to Spanish market after a decade
Sri Lanka made a significant impact at the 37th International Tourism Trade Fair (FITUR), in Madrid, Spain from 18th to 22nd January. This event, organized by IFEMA, brought together 9,672 tourism companies, institutions and bodies from 165 countries and regions making it the third largest tourism fair in Europe. Sri Lanka participated at this fair […]
USS Hopper visit signals growing bilateral cooperation with Sri Lanka
The USS Hopper (DDG 70) concluded its five-day port call to Colombo today as part of a visit to strengthen growing U. S.-Sri Lankan ties and express appreciation to the Sri Lankan Navy for its assistance during an emergency medical evacuation of a USS Hopper crewmember in September 2016. “Cooperation between our two countries’ naval […]
Sanjeev Gardiner Invests in Quintessentially Sri Lanka and Maldives
(PRESS RELEASE) – into Quintessentially Sri Lanka & The Maldives the world’s leading source of intelligence, access to and curated lifestyle services for the global premium audience. Quintessentially provides Colombo’s CEO’s, corporates, property moguls with access to more of what they love and get their invaluable time back. The dynamic and expert South East Asian team […]