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Category: BUSINESS

Fitch affirms Sri Lanka Telecom at ‘AA+(lka)’; Outlook negative
BUSINESS

Fitch affirms Sri Lanka Telecom at ‘AA+(lka)’; Outlook negative

Fitch Ratings has affirmed Sir Lanka Telecom PLC’s (SLT) National Long-Term Rating at ‘AA+(Ika)’. The outlook is negative, the rating…

byFaraz Shauketaly24/01/202024/01/2020
What can you use instead of Google and Facebook?
BUSINESS

What can you use instead of Google and Facebook?

“We agree to give these companies ownership of our lives and they are cashing in,” says Edward Armstrong, a freelance…

byFaraz Shauketaly24/01/202024/01/2020
Sri Lanka’s Commercial Bank rejects rating revision by Fitch
BUSINESS

Sri Lanka’s Commercial Bank rejects rating revision by Fitch

Sri Lanka’s Commercial Bank rejected the recent ratings revision by Fitch Ratings which downgraded the Bank’s Outlook to Negative from…

byFaraz Shauketaly24/01/202024/01/2020
First Capital Treasuries announces Rs750mn debenture issue
BUSINESSBusiness News

First Capital Treasuries announces Rs750mn debenture issue

First Capital Treasuries, the Primary Dealer arm and a subsidiary of First Capital Holdings has announced that it intends to…

byFaraz Shauketaly24/01/202030/01/2020
Sri Lanka to open first floating solar plant with Norway backing
BUSINESS

Sri Lanka to open first floating solar plant with Norway backing

Sri Lanka’s first floating solar plant with technology backing from Norway, will open in the northern Kilinocchi district this week,…

byFaraz Shauketaly23/01/202023/01/2020
Sri Lanka apparel exports to slowdown till April after record 2019
BUSINESS

Sri Lanka apparel exports to slowdown till April after record 2019

Sri Lanka’s garment exports are expected to drop till April 2020 due to poor conditions in key markets after growing…

byFaraz Shauketaly23/01/202023/01/2020
Tax changes included in proposed Inland Revenue Amendment Bill
BUSINESS

Tax changes included in proposed Inland Revenue Amendment Bill

Sri Lanka’s Finance Ministry announced the list of tax changes introduced in the proposed Inland Revenue Amendment Bill which is…

byFaraz Shauketaly23/01/202023/01/2020
LESSONS FROM AN ENTREPRENEUR – IRFAN THASSIM
BUSINESS

LESSONS FROM AN ENTREPRENEUR – IRFAN THASSIM

STARTING YOUR OWN BUSINESS IS LIKE BEING A CELEBRITY – EVERYTHING LOOKS BEAUTIFUL AND GLAMOROUS ON THE OUTSIDE, BUT IN…

byFaraz Shauketaly22/01/202022/01/2020
Sri Lankan barramundi going global as demand booms
BUSINESS

Sri Lankan barramundi going global as demand booms

Oceanpick, Southeast Asia’s first and only commercial producer of ocean-grown barramundi (Lates calcarifer), is scaling up operations in response to…

byFaraz Shauketaly22/01/202022/01/2020
Sri Lankan SMEs find global buyers at India food show
BUSINESS

Sri Lankan SMEs find global buyers at India food show

A delegation of Sri Lankan small and medium enterprises have found buyers from around the world after attending a food…

byFaraz Shauketaly22/01/202022/01/2020

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