“Vista Rooms” now in Maldives, after launch in Sri Lanka
Oct 04, 2016 (LBO) - Vista Rooms, one of South Asia’s brand of budget stays, has launched in the Maldives, targeting the affordable accommodation segment. …
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US EXIM Bank Chairman visits water reservoir project in Badulla
Chairman Fred Hochberg of the Export-Import Bank (EXIM) of the United States visited the Badulla site of the EXIM-funded water reservoir project yesterday. The …
Fitch places Melsta Regal Finance on rating watch negative
Fitch Ratings has placed Melsta Regal Finance Ltd's (MRF) National Long Term Rating of 'A+(lka)' on Rating Watch Negative (RWN). KEY RATING DRIVERS NATIONAL …
Fitch rates Commercial Bank subordinated debentures final AA-(lka)
Fitch Ratings Lanka has assigned Commercial Bank of Ceylon PLC's (CB; AA(lka)/Stable) proposed Basel II-compliant subordinated debentures of up to LKR7bn a …
PwC and SLASSCOM join hands to empower startups in Sri Lanka
In a joint effort to empower startups in the country, PwC Sri Lanka has joined hands with SLASSCOM (Sri Lanka Association for Software and Services Companies) …
Sri Lanka PM to meet Modi & attend Indian Economic Summit
Oct 03, 2016 (LBO) - Sri Lanka’s Prime Minister Ranil Wickremesinghe will visit New Delhi, India tomorrow for a three-day official tour, the government …
Jeevani Siriwardena appointed as new DG of Sri Lanka EDB
Jeevani Siriwardena has been appointed as the new Director General of the Sri Lanka Export Development Board. She joined the Sri Lanka Export Development Board …
Fewer people living below poverty line: World Bank president
NEW YORK (Thomson Reuters Foundation) - The number of people living in extreme poverty has declined by more than 100 million across the world despite a …
Nepal regrets SAARC postponement due to Indo-Pak tensions
Oct 03, 2016 (LBO) - Nepal, the current chair of SAARC, has expressed regret that the regional environment is not conducive to host the 19th SAARC Summit in …
Sri Lanka marks ‘National Coastal and Marine Resources Conservation Week’
The United Nation Development Programme (UNDP) in collaboration with the Ministry of Mahaweli Development & Environment marked the ‘National Coastal and …
US Embassy launches new website for Sri Lanka
The Embassy of the United States in Sri Lanka launched its new website (lk.usembassy.gov) yesterday, featuring a more mobile-friendly layout, with …
Sri Lanka Tourism celebrates World Tourism Day
Sri Lanka Tourism celebrated World Tourism Day on September 27th, 2016 focusing on the UNWTO’s theme for this year, “Tourism for all – Promoting …
Real estate sector, preferred investment avenue for Sri Lankans: Survey
A recent survey conducted by LankaPropertyWeb and the Real-estate Intelligence Unit (RIU) indicates that the majority of Sri Lankans prefer to invest in Real …
New HC Chitranganee Wagiswara presents credentials to Indian President
High Commissioner of Sri Lanka to India Chitranganee Wagiswara presented credentials to the President of India Pranab Mukherjee at Rashtrapathi Bhawan in New …
Sri Lanka apparel exports caters more to niche markets: Report
Sri Lanka’s exports are designated to more niche and fashion-oriented markets rather than concentrating on volume products, a latest report showed. online …
Cinnamon Life launch second residential tower ‘The Suites at Cinnamon Life’
(PRESS RELEASE) - Sri Lanka’s most iconic mixed development project, Cinnamon Life, announced the launch of ‘The Suites at Cinnamon Life’, the second …
Emergency ambulance service to launch in Colombo district tomorrow
1990 "SuwaSariya" emergency ambulance service is scheduled to be launched tomorrow in Colombo district, the government said. The service is now available in …
![ICRA Lanka reaffirms Access Engineering [SL] A+ long-term ratings](https://www.lankabusinessonline.com/wp-content/uploads/2015/07/Access-Engineering.jpg "ICRA Lanka reaffirms Access Engineering [SL] A+ long-term ratings")
ICRA Lanka reaffirms Access Engineering [SL] A+ long-term ratings
ICRA Lanka Limited, subsidiary of ICRA Ltd, a group company of Moody’s Investors Service, has reaffirmed the Issuer rating of [SL]A+ (pronounced S L A plus1) …
Fitch rates DFCC Bank’s subordinate debentures A+(lka)(EXP)
Fitch Ratings has assigned DFCC Bank PLC's (DFCC; AA-(lka)/Negative) proposed subordinated debentures of up to LKR7bn an expected National Long-Term Rating of …
JAT Holdings, sponsors 4th Sri Lanka Wood International Expo 2016
(PRESS RELEASE) - JAT Holdings sponsored the recent 4th edition of the Sri Lanka Wood International Expo 2016 exhibition which culminated with great success at …