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Senkadagala Finance gets rating for upcoming debenture
Senkadagala Finance secured a BBB+ (sri) rating for its upcoming four-year debenture issue from Fitch Ratings Lanka. Senkadagala Finance secured a BBB+ (sri) rating for its upcoming four-year debenture issue from Fitch Ratings Lanka. The Rs. 250 million issue, which will be listed on the Colombo Stock Exchange, is priced at 14 percent. Investors also […]
‘s policy rate announcement
Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. Sri Lanka’s treasury yields kept its upward momentum ahead of Wednesday’s monetary policy review announcement. The Central Bank said it sold one year treasury notes at a yield of 9.41 percent, slightly up from last week’s 9.39 percent. Yields for […]
Sri Lanka ‘safe and calm’ for travellers
Sri Lanka says the island “safe and calm” for visitors following last Friday’s assassination of Foreign Minister Lakshman Kadirgamar, and urged tourists not to cancel travel plans.Sri Lanka says the island “safe and calm” for visitors following last Friday’s assassination of Foreign Minister Lakshman Kadirgamar, and urged tourists not to cancel travel plans. Top Cabinet […]
Sri Lanka says will ‘review’ peace process after killing
Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels.Sri Lanka Monday said it will undertake a “serious review” of the Norwegian-backed peace process following the assassination of foreign minister Lakshman Kadirgamar by suspected Tamil Tiger rebels. […]
Sri Lanka’s Bank of Ceylon shops for dollars
State-run Bank of Ceylon is shopping in the local and foreign markets for debt capital, to fund ongoing business activities and expand its capital base, a top official said Monday.State-run Bank of Ceylon is shopping in the local and foreign markets for debt capital, to fund ongoing business activities and expand its capital base, a […]
German and British embassies update travel advisories to Sri Lanka
The German and British embassies update travel advisories to Sri Lanka.The German and British embassies update travel advisories to Sri Lanka. The German and British embassies updated travel advisories to Sri Lanka after the assassination of Foreign Minister Lakshman Kadirgamar on Friday night, but did not issue travel warnings against visiting the island. The government […]
Change or Perish
Is Apple’s cool ipod, which has been sold by the hundreds of thousands and created a new business line for company doomed?Is Apple’s cool ipod, which has been sold by the hundreds of thousands and created a new business line for company doomed? Will digital cameras and PDA’s follow the ipod to nothingness? If worldwide […]
Ad Hoc Ads
An advertisement that fails to connect with its target audience can threaten the very existence of a brand according to ad men who spoke at a forum organized by this program.An advertisement that fails to connect with its target audience can threaten the very existence of a brand according to ad men who spoke at […]
SLT is Ready
Sri Lanka Telecom (SLT) says its planned fiber-optic submarine cable connecting India will be ready by March next year and will open many new revenue opportunities for the company.Sri Lanka Telecom (SLT) says its planned fiber-optic submarine cable connecting India will be ready by March next year and will open many new revenue opportunities for […]
Digging Deep
Sri Lanka’s first bidding round offering potential blocks in the Mannar Basin for oil exploration could kick off as early as October this year. Sri Lanka’s first bidding round offering potential blocks in the Mannar Basin for oil exploration could kick off as early as October this year. “We plan to hold the road show […]
Slow State
Many Tsunami victims recently surveyed by a think tank said they were willing to move away from the beach but were disappointed that the government was not doing enough to bring back normalcy.Many Tsunami victims recently surveyed by a think tank said they were willing to move away from the beach but were disappointed that […]
Mobs pull down flags honouring slain Sri Lankan minister
United Nations flags at half mast were pulled down at offices in Sri Lanka’s rebel-held north Monday by mobs opposed to the show of respect for slain Foreign Minister Lakshman Kadirgamar, a UN official said.United Nations flags at half mast were pulled down at offices in Sri Lanka’s rebel-held north Monday by mobs opposed to […]