Quarterly earnings skid but transportation & materials sectors outperformed: FCR
Nov 14, 2020 (LBO) – June 2020 quarter recurring earnings follow suit of previous quarters by declining 58.0%YoY for 267 companies, First Capital Research …
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Sampath Bank reports resilient financial performance in nine month ended Sept 2020
Sampath Bank recorded a profit before tax (PBT) of Rs 6.99 Bn and a profit after tax (PAT) of Rs5.09 Bn for the nine months ended 30th September 2020. This is …
CCC Academy and Facebook host webinar for SME’s on use of digital platforms
The spread of COVID-19 has led to a global health and economic crisis, and caused unprecedented changes to the way consumers and businesses interact on a daily …
Central Bank extends grace period of Working Capital Loan Scheme from 6 to 9 Months
Nov 06, 2020 (LBO) – Having considered the importance of facilitating and encouraging borrowers to repay the loans without any failure, the Central Bank has …
Where are the young Northern entrepreneurs? If you know how to look, right in front of you!
By Jekhan Aruliah Colombo has a thriving entrepreneur scene. No shortage of mentors, angels and coffee shops in Colombo. But what about the neglected North? In …
CCC to host first-ever virtual Sri Lanka Eco Summit 2020
The Ceylon Chamber of Commerce will be organizing the 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 and will be conducting the …
![NSB: [SL]AA(hyb) assigned to proposed basel III compliant additional tier I capital bond programme](https://www.lankabusinessonline.com/wp-content/uploads/2015/09/ICRA-lanka-rating.jpg "NSB: [SL]AA(hyb) assigned to proposed basel III compliant additional tier I capital bond programme")
NSB: [SL]AA(hyb) assigned to proposed basel III compliant additional tier I capital bond programme
Rating action ICRA Lanka Limited has assigned a rating of [SL]AA(hyb) with Stable outlook for the proposed LKR 5,000 Mn Basel III Compliant, Unlisted, Rated, …
Export companies in Gampaha District & curfew areas can operate: EDB
Oct 22, 2020 (LBO) – Export companies in the Gampaha district can continue to operate during the curfew period strictly following the Covid 19 health …
Unexpected COVID-19 cluster could somewhat affect near term growth momentum: CBSL
Oct 22, 2020 (LBO) – The Sri Lankan economy is expected to move along a faster recovery path, despite the latest surge in COVID-19 cases locally that could …
SL’s Foreign Minister calls for advancing e-commerce and e-governance in Commonwealth states
Oct 15, 2020 (LBO) - Foreign Minister Dinesh Gunawardena leading the Sri Lanka delegation to the 20th Virtual Commonwealth Foreign Affairs Ministers Meeting …
Sri Lanka and China discuss economic revival and COVID-19 assistance
Oct 11, 2020 (LBO) - As part of the Government’s sustained efforts at strengthening neighbourly relations, the Foreign Ministry facilitated on Friday (9/10) …
WB says SL economy to contract by 6.7-pct in 2020, Smart policies for informal workers key for recovery
Oct 08, 2020 (LBO) - The COVID-19 crisis in Sri Lanka has substantially clouded the outlook and exacerbated an already challenging macroeconomic situation with …
Advocata to live stream session on “How can we improve Sri Lanka’s debt sustainability” today
Sep 30, 2020 (LBO) - The Advocata Institute has launched its latest public policy discussion series 'DeepDive'. This series commences with several …
63-pct increase in CDS Account openings since Digitalization
Sep 30, 2020 (LBO) – The Colombo Stock Exchange (CSE) has demonstrated noteworthy performance recording consistent gains in the All Share Price Index of 31% …
Sampath Bank names Rushanka as Dy Chair, Keshini joins as independent Director
Sampath Bank PLC announced the elevation of Rushanka Silva as Deputy Chairman (Non-Independent, Non-Executive Director) and Deshal De Mel as Senior Independent …
President steers revival of Export Development Council
Sep 25, 2020 (LBO) - After a lapse of 28 years the Export Development Council (EDC) was convened under the patronage of President Gotabaya Rajapaksa and Prime …
‘SriLanka @100’ launched to boost economic prosperity through mid-market firms growth
Sep 24, 2020 (LBO) - Sri Lanka@100, a private sector-led initiative was launched in Colombo on Thursday with the emphasis to enable the island to become a …
Central Bank releses ‘Sri Lanka Socio Economic Data – 2020’
“Sri Lanka Socio Economic Data – 2020”, the annually published data folder of the Central Bank of Sri Lanka, is now available for public information. The …
Colombo Stock Exchange marks the digitalization of Sri Lankan stock market
Sep 17, 2020 (LBO) – Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) have launched the future of stock trading …
SL ranks 83 on Economic Freedom of World index
Sep 17, 2020 (LBO) - Sri Lanka ranks 83 out of 162 countries and territories included in the Economic Freedom of the World: 2020 Annual Report, released …