Fitch Downgrades Sri Lanka Insurance’s IFS to ‘CCC+’ on Sovereign Downgrade
Fitch Ratings – Colombo/Sydney – 09 Dec 2020: Fitch Ratings has downgraded Sri Lanka Insurance…
Business
DEBENHAMS ICONIC RETAILER LATEST VICTIM TO COVID
Retail Cornerstones Fall in Britain, Pushed by Fast Fashion and Pandemic Debenhams and Arcadia Group,…
Singapore; lab grown ‘chicken meat’ approved
Singapore has given regulatory approval for the world’s first “clean meat” that does not come…
Dumith Fernando appointed chairman of CSE
The Colombo Stock Exchange (CSE) has appointed Dumith Fernando as its new chairperson, CSE said….
Coca-Cola suspends social media advertising despite Facebook changes
Coca-Cola will suspend advertising on social media globally for at least 30 days, as pressure…
Kasturi Wilson becomes first female Group CEO of a Sri Lankan conglomerate
Hemas Holdings PLC announced the appointment of Kasturi Chellaraja Wilson as Group Chief Executive Officer,…
Twitter permanently suspends account of controversial British columnist Katie Hopkins
Twitter has permanently suspended the account of extreme right-wing British columnist Katie Hopkins for violating…
SL debt ratio rises to 86.8% against GDP
Sri Lanka’s Government debt to GDP ratio increase to 86.8% A would-be hub of Indo-Pacific…
National Audit Office highlights discrepancies over debt figures in treasury, CBSL records
The latest report of the Auditor General’s has observed that there are inconsistencies between the…
Aitken Spence records profit of Rs. 4.2 billion in 2019-2020 amidst unprecedented challenges
Amidst unprecedented challenges Aitken Spence PLC has recorded a profit before tax of Rs. 4.2…