Fitch Awards Siyapatha Finance ‘BBB+(lka)’ Rating for Senior Debt
Fitch Ratings has finalized its assessment of Siyapatha Finance PLC’s proposed Sri Lankan rupee-denominated senior unsecured debentures, assigning them a final National Long-Term.
Finance
Industry Analysis
Finance
Healthcare
Industry Analysis
IFC Announces Investment of Rs. 3.2 Billion in Sunshine Healthcare
Sunshine Healthcare Lanka (SHL), part of Sunshine Holdings PLC (CSE: SUN), has secured a substantial equity investment of up to Rs. 3,270 million.
- May 6, 2024
Finance
Sarvodaya Development Finance Secures $3 Million Loan from EU-financed AgriFI Program
AgriFI, an agriculture financing initiative funded by the European Union (EU) and managed by EDFI Management Company, has announced a significant US $3.
- April 30, 2024
Finance
NDB Bank Honors Winners of Remittance Avurudu Wasiya Campaign
NDB Bank is excited to announce the winners of its successful campaign, “Salli Ratin, Thagi Apen, remittance Avurudu Wasiya,” which aimed to encourage.
- April 29, 2024
Finance
Pan Asia Bank Maintains Stable Performance in First Quarter of 2024
Pan Asia Banking Corporation PLC has announced a notable increase in its Profit before Tax (PBT) by 47% for the first quarter of.
- April 29, 2024
Finance
LB Finance Commemorates Festive Awurudu Celebration with Enthusiasm
LB Finance celebrated the traditional Awurudu festival on 19 April 2024 with great fervor, transforming its Corporate Office in Colpetty into a vibrant.
- April 29, 2024
Finance
Industry Analysis
Tea Industry Planters Caution Against Across-the-Board Wage Increases, Citing Risk of Sector Bankruptcy
Plantation companies are holding firm on their stance regarding productivity-based wages for estate workers, amidst union demands for a daily pay of Rs..
- April 29, 2024
Finance
Industry Analysis
CBC Finance appoints Sharmini Wickremasekara to Board
Sharmini Wickremasekera has recently been appointed as an Independent, Non-Executive Director to the Board of Directors of CBC Finance Ltd, effective from 22nd.
- April 26, 2024
Finance
Industry Analysis
BOC launches Youth Loan Scheme to spark dreams into reality
The Bank of Ceylon (BOC) has introduced the Youth Loan Scheme, aimed at nurturing the entrepreneurial drive among the youth. This initiative offers.
- April 26, 2024
Finance
Industry Analysis
Colombo stock market rebounds
The Colombo stock market experienced a resurgence into positive territory, buoyed by an uptick in investor sentiment and robust turnover. The benchmark All.
- April 25, 2024