After Sri Lanka's currency appreciated against the US dollar in early March 2023, multiple Facebook posts shared what appeared to be a news graphic with a false claim that alcohol prices in the island nation had been "reduced". But news website Ada Derana, whose logo appears on the purported news graphic, said they .
Fitch Ratings has affirmed the National Long-Term Rating of Sri Lanka-based telecom company Dialog Axiata PLC at ‘AAA(lka)’. The Outlook is Stable. The affirmation and Stable Outlook reflect Fitch’s view that Dialog will be able to maintain a credit profile commensurate with a ‘AAA(lka)’ rating in the next 12-18 months, despite lower demand for telecom.
Sri Lanka s demand for legal booze drops by 30 percent economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.
Distilleries, Melstacorp AAA-(lka); Fitch rating confirmed despite expected tax hike economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.
Profits at listed Distilleries Company of Sri Lanka grew 49.2 percent from a year earlier to 1.5 billion rupees in the June 2021 quarter led by rise in revenue which offset a faster rise in expenditure.