Hatch and LSEG SL empower new batch of women entrepreneurs
Amidst a backdrop of uncertainty, Hatch and London Stock Exchange Group (LSEG) SL successfully completed the fourth iteration of the KICKASS Bootcamp, a …
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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 …
Sampath Bank Group CFO Ajantha de Vas Gunasekara joins Board of Directors
Nov 05, 2020 (LBO) – Sampath Bank announced the appointment of Don Ajantha de Vas Gunasekara as Executive Director to its Board of Directors with immediate …
Sri Lanka’s merchandise trade and trade balance: report
Nov 04, 2020 (LBO) - The Central Bank of Sri Lanka says the deficit in the trade account contracted by over US dollars 1 billion during the eight months ending …
Opinion: Recipe for reform, Smallholders hold key to productivity in SL’s tea industry
By K.L Gunaratne (Chairman, Sri Lanka Federation of Tea Smallholders) With nearly 500,000 smallholders in total, the tea smallholder sector is a significant …
Mobitel unveils newly-launched Apple watch
Mobitel, Sri Lanka’s National Mobile Service Providerand the authorized reseller for Apple devices such as iPhones, iPads and Apple Watches unveiled the …
‘EatMealFirst’ delivers meals and groceries even during COVID-19 curfew hours
‘EatMealFirst’ brings the People’s choice of local restaurants to the customer doorstep by partnering with a large number of restaurant partners and …
Sanken’s Capitol Developers & Singapore’s P&T Group (Architect) win global accolades
Both Capitol Developers (a member of the Sanken Group) and P&T Group, Singapore were recently honoured at the Luxury Lifestyle Awards 2020, in October 2020 …
Interview : Cracks, collapses and a national building code
By LankaPropertyWeb Disintegration, cracks, sloping floors and more are all signs of a poor foundation and structure. Yet, their possibility depends on the …
Work from home back in Western Province
As a measure to contain the prevailing wave of Coronavirus spread all public institutions in the Western Province and other major townships are required to …
John Keells Logistics venture into operations optimization through digitalization
Nov 02, 2020 (LBO) – John Keells Logistics (Pvt) Ltd (JKLL), a leading third-party logistics (3PL) services provider in the country, has partnered with …
Fitch assigns Sarvodaya Development Finance first time ‘B+(lka)’
Oct 29, 2020 (LBO) – Fitch Ratings has assigned Sarvodaya Development Finance Limited (SDF) a National Long-Term Rating of 'B+(lka)'. The Outlook is Stable. …
![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, …
VMware unveils 5G and edge advancements
VMware, Inc. (NYSE: VMW) recently announced its 5G Telco Cloud Platform, empowering Communication Service Providers (CSPs) to better meet the growing demands …
Ceylinco Life’s 9-month income up 14-pct to Rs. 26Bn
Sri Lanka’s life insurance market leader Ceylinco Life has posted consolidated income of Rs. 26 billion for the nine months ending 30 September, achieving …
SLTDA streamlines tourism investment approval process
Oct 26, 2020 (LBO) - Sri Lanka Tourism Development Authority (SLTDA) has made the tourism investment process easy by streamlining the project approval process …
Richard Pieris Group invests Rs. 1Bn in Richard Pieris Finance Ltd
Oct 26, 2020 (LBO) - Richard Pieris Finance Ltd is a member of the Richard Pieris Group, a diversified conglomerate with a workforce of 28,000 employees, the …
Hemas Hospital Thalawathugoda issues statement regarding Covid-19 positive patient
Oct 23, 2020 (LBO) – Hemas Hospital Thalawathugoda in a statement to media said that a patient who visited the Emergency Treatment Unit (ETU) of the Hospital …
Fitch affirms Melstacorp & subsidiary Distilleries at ‘AAA(lka)’; outlook stable
Oct 20, 2020 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of Sri Lanka-based conglomerate, Melstacorp PLC, and its subsidiary, …
CSE approves Softlogic Finance Rs 1.9Bn Rights Issue
Softlogic Finance PLC received Colombo Stock Exchange (CSE) approval for its Rights Issue of Rs 1.9 billion and the Extraordinary General Meeting of the …