LSE announced the launch of Millennium platform for AAX crypto-currency trading
AAX launches as the first digital asset exchange using Millennium ExchangeTM matching engine technology Marks the first deployment of Millennium ExchangeTM in …
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Expolanka reports revenue of Rs 28.7Bn : 15-pct growth YoY
Nov 08, 2019 (LBO) - Expolanka PLC announced that it was on a sustainable growth path despite a global environment that continues to be challenging for …
Haycarb records turnover of Rs.11.3Bn: PAT of Rs. 844.9Mn for H1 2019/20
Nov 08, 2019 (LBO) - Haycarb PLC reported revenue of 11.3 billion rupees and profit before tax of 844.9 million rupees for the six months ending 30th September …
Dialog net profit declined 14-pct in Q3 2019 with non-cash translational forex losses
Nov 07, 2019 (LBO) – Profits at Sri Lanka’s Dialog Axiata group, which has interests in Mobile, Fixed Line, and Digital Pay TV, declined 14 percent to 1.5 …
Fitch rates Singer Finance (Lanka)’s senior debt ‘BBB(lka)(EXP)’
Nov 06, 2019 (LBO) - Fitch Ratings has assigned Singer Finance (Lanka) PLC's (SFL, BBB(lka)/Stable) proposed Sri Lanka rupee-denominated senior unsecured …
Sri Lanka economy to grow 3.5-pct in 2020: Central Bank
Nov 05, 2019 (LBO) - The Sri Lankan economy is projected to grow by around 3.5 percent in real terms in 2020, a new Central Bank report says. "The growth is …
Fitch affirms Melstacorp & Distilleries at ‘AAA(lka)’; outlook stable
Nov 04, 2019 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of Sri Lanka-based conglomerate, Melstacorp, and its subsidiary, Distilleries …
Fin Min says LPG supplies on the way
Nov 04, 2019 (LBO) - Sri Lanka’s Finance Ministry says an emergency purchase of 12,000 metric tonnes of liquefied petroleum gas is on its way following …
JKH Sept quarter net profit down 55-pct amid Easter Sunday impacts
Nov 01, 2019 (LBO) – Sri Lanka’s diversified John Keells Holdings said its profits for the second quarter were mainly impacted by the Easter Sunday impacts …
Moody’s affirms 3 Sri Lankan banks’ ratings
Nov 01, 2019 (LBO) – Moody's Investors Service has affirmed the long-term/short-term local currency deposit ratings of Bank of Ceylon (BOC), Hatton National …
Seylan Bank records profit after tax of Rs. 2.6Bn in 3Q 2019
Oct 31, 2019 (LBO) – Seylan Bank closed the nine months ending 30th September 2019 with a post-tax profit of Rs. 2,554 Mn, a marginal increase of 1% over the …
![ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC](https://www.lankabusinessonline.com/wp-content/uploads/2016/11/Access-Engineering-PLC-CSE.jpg "ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC")
ICRA Lanka reaffirms the [SL]A+ long term ratings of Access Engineering PLC
Rating action ICRA Lanka Limited, Subsidiary of ICRA Limited, Group Company of Moody’s Investors Service has reaffirmed the Issuer rating of [SL]A+ …
Teejay’s 6-month net profit up 75-pct to Rs.1.24Bn
Oct 31, 2019 (LBO) - Textile manufacturer Teejay Lanka PLC has announced top and bottom line growth in the first half of 2019-20, with investments in expansion …
Sri Lanka calls for collective action to address global challenges
Oct 28, 2019 (LBO) - Sri Lanka's Foreign Minister Tilak Marapana reaffirmed Sri Lanka's commitment to the founding principles of the Non-Aligned Movement and …
The Finance Company looking at a new investor
Oct 25, 2019 (LBO) – The Finance Company (TFC) is currently working with a company that has expressed its interest to invest at TFC as a shareholder through …
Otara Gunewardene resigns from Singer Sri Lanka board
Oct 25, 2019 (LBO) – Otara Gunewardene has tendered her resignation from Singer Sri Lanka board which will be effective from 31 December 2019. The company …
Central Bank to issue license cancellation notice to The Finance Company
Oct 23, 2019 (LBO) – Monetary Board of the Central Bank has decided to issue a Notice of Cancellation of the License issued to The Finance Company (TFC), …
Fitch affirms Melstacorp & Distilleries at ‘AAA’; outlook stable
Oct 23, 2019 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of Sri Lanka-based conglomerate Melstacorp and its subsidiary Distilleries …
Real-time online payment facility for BOI customers
Oct 21, 2019 (LBO) - The Board of Investment of Sri Lanka has taken another significant step forward where customers have the convenience of making their …
ICRA Lanka revises outlook on issuer rating of BoC to negative
Oct 21, 2019 (LBO) - ICRA Lanka Limited, subsidiary of ICRA limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of Bank …