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‘s Bank, Commercial Bank &’s National Ratings on Watch Negative
Fitch Ratings has maintained People’s Bank’s National Long-Term Rating of ‘AA-(lka)’ on Rating Watch Negative. The rating agency has also maintained Commercial Bank’s National Long-Term Rating of ‘AA-(lka)’ on Rating Watch Negative and maintained the ‘A(lka)’ ratings on its subordinated debt on Rating Watch Negative. Meanwhile, Fitch Ratings has maintained Hatton National Bank’s National Long-Term […]
President’s messages only through Speaker: Presidential Secretariat
All messages issued by President Gotabaya Rajapaksa will be released by the Speaker after the information is given to him by the President, the Presidential Secretariat said in a statement. “Therefore, kindly request that only the announcements issued by the Speaker be considered as official announcements issued by the President,” the statement further said.
CBEOU requests all political parties to ensure that there is no anarchy in Sri Lanka
Central Bank Executive Officers’ Union (CBEOU) expressed its fullest support to the people’s movement against the futile regime, which should be directly responsible for destroying the Sri Lankan economy, and as promised, we emphasize that the failed President and Prime Minister must bow down to the people’s verdict and vacate their offices. Releasing a statement, […]
Statement from CA Sri Lanka on ongoing political crisis
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in its standing as the National Body of Accountants, welcomes the announcement of President Gotabaya Rajapaksa to step down on July 13th, which was conveyed to the people by the Speaker of Parliament Honourable Mahinda Yapa Abeywardena, on the eve of July 09th CA […]
President Gotabaya Rajapaksa to resign from Presidency: Speaker
President Gotabaya Rajapaksa has informed that he will resign from the Presidency on the 13th of July, the Speaker Mahinda Yapa Abeywardena said.
Sri Lankan PM ready to resign to make way for an all-party government
Sri Lanka’s Prime Minister Ranil Wickremesinghe has told the party leaders that he is willing to resign and make way for an all-party government to take over. A majority of the Party Leaders have decided that the President and the Prime Minister must resign immediately. The majority view of the Party Leaders was that the […]
CCC Calls for President to resign & party leaders to ensure smooth transition of power
The Ceylon Chamber of Commerce reiterates its call for President Gotabaya Rajapakse to resign immediately for the sake of the country and its stability as he has lost the trust and confidence of the people as aptly demonstrated by the heightened protests witnessed today on an unprecedented scale around President’s House and President’s Office. Further, […]
‘s House
Protesters in Colombo Fort, who broke through police barricades to reach the entrance of the President’s House, have entered the premises. The group is currently protesting inside the President’s House. Protesters have also entered the Presidential Secretariat.
Hemas Holdings set to enter Omani market: Foreign Ministry
Sri Lanka’s 72-year-old leading public quoted company Hemas Holdings PLC is set to enter the Omani market. Ambassador of Sri Lanka to the Sultanate of Oman Ameer Ajwad together with Hemas Senior Manager for International Business Promotion Kavindra Kasun Sigera met the Chairman of the Oman Chamber of Commerce and Industry (OCCI), Engr. Redha Juma […]
Aitken Spence expands renewable energy portfolio with solar
Aitken Spence PLC reiterates their commitment to local and global sustainable development goals by acquiring Sagasolar Power (Private) Ltd, from the major shareholder LOLC Group for Rs. 1.4 billion. Moreover, it is in line with Sri Lanka’s power and energy strategy to increase power generation from the renewable energy sector. This investment from Aitken Spence […]
SriLankan Airlines denies reports of flight cancellation
SriLankan Airlines would like to correct certain false information circulating on media about the possible cancellation of a host of SriLankan Airlines’ flights due to the ongoing fuel shortage in Sri Lanka. SriLankan Airlines vehemently denies the accuracy of such information and confirms that it has been able to manage its flight schedule with suitable […]
Ceylon Chamber appeals to all parties to prevent violence on 9th July
Ceylon Chamber of Commerce notes that a number of political parties, professional associations and civil society organizations have called for mass protests on 9 th July. While clearly understanding the views of the general public and recognizing their freedom of speech and right to express views through public protests, CCC appeals to all parties to […]