ICRA Lanka Limited has revised the Issuer rating assigned to Construction Guarantee Fund (“CGF”/ “the Fund”) to A(pronounced S L A) with stable outlook from A- (pronounced S ...
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 18 January 2021, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing ...
Fitch Ratings has affirmed Sir Lanka Telecom PLC’s (SLT) National Long-Term Rating at ‘AA-(Ika)’. The Outlook is Stable. Fitch has also affirmed the ‘AA-(Ika)’ national rating on the company’s LKR ...
With a view to preserve the foreign currency reserve position of the country and considering the possible negative impact to the Sri Lankan economy due to the Covid-19 pandemic situation, ...
The Sri Lankan stock market ended 2020 on a positive note today, marking a year in which the Colombo Stock Exchange (CSE) has seen indices indicate noteworthy resilience and attract ...
The Central Bank is of the view that the recent increase in volatility of the exchange rate is unwarranted and unacceptable. Accordingly, among other measures, the Central Bank will take ...
The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2020 year-end index rebalance. The exclusions ...
The Government of Sri Lanka (GOSL) is disappointed with today’s rating action by S & P Global Ratings (S&P) at a time when the Parliament of Sri Lanka has just ...
Rating agency S&P slashed Sri Lanka’s credit rating to “CCC+/C” on Friday, citing concerns that risks to the island nation’s debt servicing capacity have risen as the COVID-19 pandemic squeezes ...
The Government of Sri Lanka (GOSL) introduced the Special Deposit Accounts (SDAs) on 08 April 2020 to seek assistance for the national effort to overcome the effects of COVID-19 outbreak ...
The licensed operator of the Sri Lankan stock market, the Colombo Stock Exchange (CSE) marks a historic milestone today (03) as it completes its 35th year. Given the entrepreneurial spirit of ...
Ministry of Finance: We observe, with disappointment, today’s rating action by Fitch Ratings expressing concerns about Sri Lanka’s external debt repayment capacity over the medium-term, financing options and debt sustainability ...
Fitch Ratings has downgraded Sri Lanka's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CCC'. Fitch typically does not assign Outlooks or apply modifiers to sovereigns with a rating of 'CCC' ...
Manufacturing activities indicate subdued performance in October 2020 due to adverse impacts of the second wave of COVID-19 pandemic erupted in the country in early October. Accordingly, manufacturing PMI declined ...
ICRA Lanka Limited has assigned the issue rating of A with Stable outlook to the proposed LKR 2,000 million (an initial issue of LKR 1,000 million with the option to ...
The mergers of Sri Lankan finance and leasing company (FLC) subsidiaries with their parent banks will not have an immediate impact on the banks’ ratings, says Fitch Ratings. The agency’s ...
Sri Lanka Development Bonds (SLDBs) are offered by the Government of Sri Lanka and denominated in United States Dollars (USD). The most recent SLDB auction heldfrom 10-13 November 2020 with ...
The Colombo Stock Exchange (CSE) welcomes the progressive capital market related proposals presented to Parliament by Prime Minister Mahinda Rajapaksa in the 2021 Budget Proposals speech made on 17th November 2020. ...
Sri Lanka’s external sector recovered further in September 2020, supported by the continued improvement in the trade deficit, a notable increase in workers’ remittances and the resultant stability in the ...
Streamlining approval process and submission requirementsIntroducing ‘Single Window’ approach to assist companies looking to list on the CSEPlans online tracking tool for companies to gain more transparency of listing process ...
The Colombo Stock Exchange (CSE) was recognized as an honouree in the national category at the recentlyheld International Standards of Accounting and Reporting awards (ISAR) 2020. The award was presented ...
ICRA Lanka Limited, has upgraded the issuer rating of First Capital Treasuries PLC (FCT or “the Company”) to A from A-. ICRA Lanka has also upgraded the issue rating of ...
The Colombo Stock Exchange (CSE) announced that, on and after Monday (02 November 2020), all market operations would continue as usual. The quarantine curfew put on the Western Province, scheduled ...
The Monetary Board of the Central Bank of Sri Lanka, having considered the request made by the Axis Bank Limited, India consequent to a policy decision taken in 2019 on ...
The Cabinet of Ministers has given their consent to the proposal submitted by Prime Minister as the Minister of Finance for directing the Legal Draftsman for the preparation of a ...
The Colombo Stock Exchange (CSE) and market intermediaries operated normally but completely based on remote functionality last morning (26) with its offices and those of several market intermediary firms being ...
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 21 October 2020, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing ...
Fitch Ratings has affirmed the National Long-Term Ratings of Sri Lanka-based conglomerate, Melstacorp PLC, and its subsidiary, Distilleries Company of Sri Lanka PLC (DIST), at 'AAA(lka)'. The Outlook is Stable. ...
The Colombo Stock Exchange (CSE) now sends a customized daily trade alert to investors at the end of eachtrade day notifying them of all transactions that are carried out through ...
With an ambitious drive to be one of the successful finance companies in the country, the soon-to merger between Arpico Finance Company PLC (AFC) and Associated Motor Finance Company PLC ...
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