The weakness in Sri Lanka-based diversified conglomerate Hemas Holdings PLC’s (Hemas, AA-(lka)/Stable) first-quarter financial results is temporary, and is mainly…
Fitch Ratings maintains a negative banking-sector outlook for Sri Lanka in 2018 as operating conditions should remain challenging, which could…
The global rating agency, Fitch Ratings said that it expects the balance sheets of Sri Lanka’s listed hospitals to improve…
The Central Bank of Sri Lanka on behalf of the Sri Lankan government has launched two US$ 1.25 billion International…
Fitch Ratings has affirmed Sri Lanka-based telecom company Dialog Axiata PLC’s National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable.…
Hemas Holdings PLC’s acquisition of a controlling stake in Sri Lanka’s leading school and office stationery manufacturer, Atlas Axillia (Private)…
Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings.…
Fitch Ratings has affirmed Sri Lanka Telecom PLC’s (SLT) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B+’ and…
Sri Lanka’s beer industry will regain market share from hard liquor following a more favorable tax regime for the segment…
The global rating agency, Fitch Ratings says Sri Lanka’s budget for 2018 sticks broadly to the targets for fiscal deficit…
