“Open, free, secure and resilient cyberspace vital for development and democracy” British HC to SL
Mar 22, 2019 (LBO) - At the launch of the “Cyber Resilience for Development” project, British High Commissioner to Sri Lanka James Dauris noted the …
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SLASSCOM People Summit 2019 to feature Bill Duane, Google’s ‘superintendent of wellbeing’
Mar 18, 2019 (LBO) - SLASSCOM’s 2019 People Summit sees a change in its traditional technologically themed content, to sound a more humanistic beat. Titled …
UK’s Flexicare launches USD 10Mn health care manufacturing facility in SL
Mar 13, 2019 (LBO) - Flexicare Lanka (Pvt) Ltd., a fully owned subsidiary of Flexicare Group, UK launched the construction of a state-of-the art modern …
Fitch rates National Development Bank’s Basel III sub debt final A(lka)
Feb 28, 2019 (LBO) – Fitch Ratings has assigned National Development Bank's proposed Basel III-compliant subordinated debentures a final National Long-Term …
Fitch revises outlook on HNB Assurance, HNB General Insurance to positive
Feb 28, 2019 (LBO) – Fitch Ratings has revised the Outlook on the National Insurer Financial Strength (IFS) Ratings of life insurer HNB Assurance and its …
Prima Ceylon eyes more investments as it completes 40 years in Sri Lanka
Feb 28, 2019 (LBO) - Prima Ceylon, the flagship company of the Prima Group Sri Lanka, celebrated four decades of successful partnerships and growing together …
Ceylon Chamber of Commerce calls export SMEs to apply for on-the-job coaching
Feb 26, 2019 (LBO) – Ceylon Chamber of Commerce (CCC) requests export SMEs that has a high potential for growth to apply for an on-the-job coaching programme …
Fitch affirms ratings of HNB Finance, Siyapatha Finance & Singer Finance
Feb 25, 2019 (LBO) – Fitch Ratings has affirmed the National Long-Term Ratings of HNB Finance, Siyapatha Finance, and Singer Finance with a stable outlook. …
Japan’s Odakyu Group partners TAD Group for Rs.4.5Bn investment in Sri Lanka
Feb 21, 2019 (LBO) - Japan's Odakyu Group, a firm with interests in transport, real estate and retail together with the TAD Group is expecting to investment …
Fitch downgrades SLT & CEB, upgrades Lion Brewery on rating scale revision
Feb 18, 2019 (LBO) – Fitch Ratings has taken rating action on non-financial corporates following the recalibration of its National Rating scale to reflect …
Fitch revises National Long Term Rating of NSB to AA+(lka) from AAA(lka)
Feb 18, 2019 (LBO) – Fitch Ratings has revised the National Long-Term Rating of National Savings Bank to 'AA+(lka)' from 'AAA(lka)' with a stable outlook …
Central Bank to impose withdrawal restrictions for deposits of The Finance Company
Feb 15, 2019 (LBO) – Sri Lanka's Central Bank has proposed regulatory measures including suspension of accepting new deposits, restrictions on withdrawal of …
Hayleys records third quarter PBT of Rs.1.7Bn
Feb 12, 2019 (LBO) - Sri Lankan multinational, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group turnover …
Hemas 3Q profits up 50-pct primarily driven by seasonal demand for Atlas
Feb 08, 2019 (LBO) – Profit attributable to the equity holders of Hemas Group has reported a 50 percent growth primarily due to the strong performance at …
Haycarb records turnover of Rs.14.3Bn for 9 months ending Dec
Feb 07, 2019 (LBO) - Sri Lankan multinational Haycarb PLC reported revenue of Rs. 14.3 billion and profit before tax of Rs. 854 million for the nine months …
Commercial Bank enables online payment of Ports Authority charges
Feb 06, 2019 (LBO) – Commercial Bank of Ceylon has added the Sri Lanka Ports Authority to its online banking platform, enabling customers to pay their Ports …
Google+ requests consumers to save photos & videos before shutdown
Feb 01, 2019 (LBO) – American multinational technology company Google is requesting its consumers to download and save the content shared in their personal …
Sri Lanka’s John Keells Holdings profits up 7-pct in 3Q
Jan 31, 2019 (LBO) – Profits attributable to equity holders of the diversified John Keells Holdings group rose 7 percent to 4. online pharmacy buy abilify …
SLASSCOM hosts first-ever RPA Hackathon and Conference
Jan 31, 2019 (LBO) - The Sri Lanka Association of Software and Services Companies (SLASSCOM) will host the first-ever Robotic Process Automation (RPA) …
Fitch affirms Sri Lanka Telecom’s IDR at ‘B’; withdraws ratings
Jan 30, 2019 (LBO) – Fitch Ratings has affirmed Sri Lanka Telecom's Long-Term Foreign and Local-Currency Issuer Default Ratings (IDRs) at 'B' with a …