Stock Market

LTL Holdings Plans Rs. 20 Billion IPO at Rs. 14.50 per Share

Sri Lanka’s LTL Holdings is set to raise up to Rs. 20 billion through an initial public offering (IPO), subject to regulatory approvals,.

Read More
Economics

CEB Cuts Tariffs Due to Lower Generation Costs, IPP Payments Unaffected

Fitch Ratings-Colombo/Singapore-25 July 2024: Despite a 22.5% tariff cut effective from 16 July 2024, Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will remain.

Read More