ICRA Lanka assigns BBB+ rating with stable outlook to Dunamis Capital
Sep 22, 2015 (LBO) – ICRA Lanka Limited has assigned the Issuer rating of BBB+ with a stable outlook to Dunamis Capital. ICRA Lanka has also assigned the …
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Sri Lanka’s LOLC Finance to get a new CEO
Sep 21, 2015 (LBO) – Sri Lanka’s LOLC finance, a subsidy of Lanka Orix Leasing Company appointed Ashan Nissanka as its chief executive, the company said in …
Alibaba falls below IPO price in New York Stock Exchange
Sep 18, 2015 (LBO) – The Chinese e-commerce giant Alibaba’s shares in the New York Stock Exchange have fallen below its initial offering price. Twelve …
Sri Lanka’s Commercial Bank to explore Maldives expansion
Sep 18, 2015 (LBO) – Sri Lanka’s Commercial Bank of Ceylon is planning on setting up a banking subsidiary in the Republic of Maldives in partnership with a …
Sri Lanka’s government to extend Colombo port city agreement
Sep 17, 2015 (LBO) – Sri Lanka’s cabinet has approved extending the much talked Colombo port city development project agreement for further six months, the …
Sri Lanka’s MTD Walkers to sell Rs3.0bn in listed debt
Sep 17, 2015 (LBO) – Sri Lanka's construction and engineering sector player MTD Walkers is planning to sell 3. online pharmacy buy diflucan with best prices …
Sri Lanka Planters Association says tea industry might survive with new pay model
Sep 15, 2015 (LBO) – Sri Lanka’s Planters Association says that tea industry, which is in a revenue crisis, might have a chance to survive if its new …
Fitch Withdraws Rating on Ceylon Income Fund; Ceylon Asset Management responds
Sep 14,2015 (LBO) - Fitch Ratings said it has withdrawn Ceylon Income Fund's National Fund Credit Quality Rating of A(lka)' saying there is no National …
ICRA Lanka assigns A-(Stable) rating to First Capital Treasuries
Sep 14, 2015 (LBO) – ICRA Lanka has assigned the Issuer rating of [SL] A- with stable outlook to First Capital Treasuries Limited. The rating agency has also …
Hayleys employees benefit from share trust dissolution
Sept 13, 2015 (LBO) - Employees of Hayleys PLC will benefit from the dissolution of its Employees' Share Trust and hold shares worth around a billion rupees, …
Sri Lanka hoteliers cannot work in isolation, says Keells Deputy Chairman
Sep 10, 2015 (LBO) – Sri Lanka hoteliers alone cannot make the industry to grow but with collaboration we can, Ajit Gunewardene, deputy chairman of John …
Sri Lanka’s John Keells to double hotel rooms over next 5 years
Sep 09, 2015 (LBO) – Sri Lanka's John Keells Holdings plans to double its current 2,200 room capacity in the next 5 years, Ajit Gunewardene, the deputy …
ICRA Lanka assigns BBB rating for EAP Broadcasting
Sep 08, 2015 (LBO) – ICRA Lanka Limited has assigned an Issuer rating of BBB for EAP Broadcasting Company with a stable outlook on the rating. The full text …
Exercising of JKH 2015 warrants to commence from 29 Sept
Sep 07, 2015 (LBO) – Sri Lanka’s conglomerate John Keells Holdings on Monday said the exercising of 2015 warrants of the company will commence from 29 …
Orient Finance gets Central Bank approval for listing, IPO
Sept 07, 2015 (LBO) - Orient Finance PLC says the Central Bank of Sri Lanka has granted it approval to list shares on the Colombo Stock Exchange. online …
Depreciation will help some equity sectors, ease uncertainty: Bartleet Religare
Sept 06, 2015 (LBO) - Sri Lanka's depreciation last week will help export-related stocks and banks listed on the market, Bartleet Religare Securities said. …
Sri Lanka HNB Senior and Subordinated Debt gets AA-, A+ ratings :Fitch
Sep 04, 2015 (LBO) - Fitch Ratings has assigned Hatton National Bank proposed senior unsecured and subordinated debentures a expected National Long-Term …
Sri Lanka’s Bank of Ceylon to sell Rs8 bn debt, AA rating
Sep 04, 2015 (LBO) – Sri Lanka’s Bank of Ceylon, state run bank is to sell up to 8.0 billion rupees of 5 and 8-year subordinated debt which have given …
Fitch Maintains Ceylon Income Fund on Rating Watch Negative
Sep 03, 2015 (LBO) -Fitch Ratings said it has maintained the '(A(lka))' National Fund Credit Quality Rating of the Ceylon Income Fund on Rating Watch …
Eden Hotel Lanka to raise Rs1.05bn through rights issue
Sep 03, 2015 (LBO) – Eden Hotel Lanka, a leisure sector player is to raise 1. online pharmacy buy ciprodex with best prices today in the USA online pharmacy …