NDB Investment Bank Limited (NDBIB) secured the accolade of ‘Best Investment Bank in Sri Lanka’ by the prestigious Asiamoney Magazine, for the seventh consecutive time. Despite the unprecedented socio-economic events in 2022 and a gruelling macro-economic environment characterized by rampant inflation and contractionary monetary policy measures, NDBIB was able to deliver on its promise of.
Fitch Ratings has revised the Outlook on Sri Lankan home builder Home Lands Skyline (Pvt) Ltd.'s (HLSL) National Long-Term Rating to Negative, from Stable. The agency has simultaneously affirmed the rating at 'A(lka)'.
The Negative Outlook reflects the deteriorating operating conditions for home
The Information and Communication Technology Agency (ICTA), announces that Professor Malik Ranasignhe has assumed duties as Chairman, ICTA. Professor Malik Ranasinghe is a Senior Professor in Civil Engineering at the University of Moratuwa (UoM) He is a Chartered Engineer, International Professional Engineer and Fellow of the Institution of Engineers, Sri Lanka, Fellow of the National.
Further expanding its portfolio, Resus Energy PLC, a forerunner in renewable energy, recently connected a 6.0MW ground mounted solar PV (photovoltaic) station to the national grid, a company news release said last week. “This comes at a crucial time when the country is facing a massive power crisis resulting from fuel scarcity to operate thermal […]