Fitch revises outlook on Abans to negative on Coronavirus stress; Affirms ‘BBB+(lka)’ rating
Apr 16, 2020 (LBO) - Fitch Ratings has revised the Outlook on Sri Lankan consumer-durable retailer Abans PLC's National Long-Term Rating to Negative from …
Apr 16, 2020 (LBO) - Fitch Ratings has revised the Outlook on Sri Lankan consumer-durable retailer Abans PLC's National Long-Term Rating to Negative from …
Chathurga Karunanayake As the deadly COVID-19 pandemic threatens the entire world, claiming thousands of lives and disrupting economic activities, it would be …
Apr 14, 2020 (LBO) - Due to the effect of COVID-19 on the tourism industry, the annual renewal of the guide license fee for the year 2021 will be waived for …
Apr 14, 2020 (LBO) - The Asia Development Bank (ADB) has tripled the size of its response to the novel coronavirus disease (COVID-19) pandemic to US20 billion …
Apr 14, 2020 (LBO) - Amid the mounting human toll and global economic fallout triggered by the COVID-19 pandemic, South Asian governments must ramp up action …
By Fellows of the Advocata Institute Sri Lanka’s shaky public finances are about to receive another blow from the fallout of Covid-19. The most crucial …
Apr 06, 2020 (LBO) - The curfew currently in force in the districts of Colombo, Gampaha, Kalutara, Puttalam, Kandy and Jaffna which have been designated as …
Apr 06, 2020 (LBO) - Presided by President Gotabaya Rajapaksa, a discussion took place at the Presidential Secretariat to review the progress of the COVID-19 …
Apr 06, 2020 (LBO) - The Ministry of Foreign Relations, sensitive to the concerns of the OSLs amidst the rapid spread of the COVID-19 and the inability to …
Apr 06, 2020 (LBO) - In April 2020, Hatch in partnership with Lankan Angel Network (LAN) and through the support of the Ford Foundation, will officially launch …
Nisha Arunatilake On Easter Sunday last year, Sri Lanka was shocked by a series of bomb attacks. The security concerns that followed kept people home and …
Apr 03, 2020 (LBO) - The Asian Development Bank’s (ADB) flagship annual economic publication, the Asian Development Outlook (ADO) 2020, forecasts …
Apr 01, 2020 (LBO) - President Gotabaya Rajapaksa held a discussion with the Governor of Central Bank of Sri Lanka (CBSL) and other senior officials to assess …
Apr 01, 2020 (LBO) - The Commercial Bank of Ceylon of Ceylon has announced it is deploying its ‘Bank-on-Wheels’ Mobile ATM units in areas where curfews are …
Mar 31, 2020 (LBO) - A host of more financial and material benefits have been granted to low income and vulnerable families and individuals in the face of …
Dr. Nirmal De Silva It is evident that the Covid-19 pandemic would create a significant economic impact globally. Whilst it is rather premature to predict the …
Mar 31, 2020 (LBO) - Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecoms company Dialog Axiata PLC at 'AAA(lka)'. The Outlook …
Mar 31, 2020 (LBO) - The Sri Lanka Missions in South Asia, in collaboration with the Foreign Ministry, have been closely engaging with the Sri Lankan …
Kithmina Hewage Over a quarter of the world’s population is currently under movement restrictions. For the first time in recent human history, coronavirus …
Mar 30, 2020 (LBO) - SriLankan Airlines, uplifted a consignment of medical aid from Shanghai, China recently. This was a donation made by the Sri Lankan …