Challenging operating environment to weigh on Sri Lankan Banks
Sluggish economic activity, external and domestic vulnerabilities, muted private credit growth and the sovereign's weakened credit profile are significant …
Sluggish economic activity, external and domestic vulnerabilities, muted private credit growth and the sovereign's weakened credit profile are significant …
Dec 17, 2020 (LBO) – Renuka Holdings PLC’s rights issue concluded on the 16 of December raising 1.082 Bn, higher than the required 1.03 Bn for the complete …
Union Assurance PLC, a John Keells Company announces the launch of Clicklife, a turnkey product that offers protection plans in a secure, streamlined, and …
Dec 16, 2020 (LBO) – Fitch Ratings believes Sri Lanka-based consumer-durables retailer Abans PLC's (BBB+(lka)/Negative) leverage will rise faster than that …
Dec 15, 2020 (LBO) – Hemas Holdings PLC (HHL) has divested its’ shareholding in Serendib Hotel PLC to Eden Hotel Lanka PLC, a subsidiary of LOLC Holdings …
Pelwatte Dairy Industries, the local dairy giant consents to the budget 2021 tabled recently, it expressed its appreciation towards the measures proposed to …
The instability and fear that the COVID-19 pandemic brings about is exacerbating human rights concerns around the world. While businesses face an unprecedented …
Union Assurance clinched multiple awards including Best Brand and Sustainable Marketing Excellence at the Sri Lanka Leadership Awards, as well as Best Employer …
By Lanka Property Web Imagine overlooking the crashing beach waves and feeling the cool ocean breeze stroking your cheeks as you sip on a cup of tea from the …
Dec 08, 2020 (LBO) - Renuka Holding PLC (RHL) has announced plans to raise Rs. 1.031 billion via a Rights Issue closing on the 16th of December to carry out …
Dec 07, 2020 (LBO) - Around 70 percent of Sri Lanka's workforce are informally employed and there are generally three reasons to be concerned about high …
Dec 02, 2020 (LBO) - Standard Chartered Sri Lanka announced today the facilitation of financing for Industrial Clothing Limited (Midas Safety Sri Lanka) as …
Sierra Cables, Sri Lanka’s leading manufacturer of copper and aluminium cables at the forefront of meeting multiple needs across industrial sectors, posted …
Dec 02, 2020 (LBO) - Chairman of the Ceylon Chamber of Commerce has called on the private sector to be an equal partner in securing an accelerated economic …
Dec 01, 2020 (LBO) - The construction of the phase 5 of the Jaya Container Terminal (JCT) of Sri Lanka Ports Authority (SLPA) commenced today. The event was …
Extending its support to the Sri Lankan Government’s intention to increase the use of solar power among commercial and residential sectors, Sampath Bank PLC …
OCTAVE, the John Keells Group’s Data and Advanced Analytics Center of Excellence is making strides to build a world-class analytics practice to derive the …
Sri Lanka’s vehicle registrations in October hit a record low across the board, including all commercial vehicle categories, due to the economic impact of …
The Asian Development Bank (ADB) and the Government of Sri Lanka today signed a $165 million loan agreement to provide immediate financing support for small …
The Asian Development Bank (ADB) has approved a $165 million loan to Sri Lanka to provide immediate financing support for small and medium-enterprises (SMEs), …