First Capital Research believes that there is a significant probability (90%) to hold policy rates due to the considerable improvement in high-frequency indicators with the fiscal and monetary measures implemented so far. However, there is a 10% probability for a 25bps rate hike to balance external
Aitken Spence PLC made an impressive comeback in the first quarter ending 30th June 2021 by recording a 145% increase in Profit Before Tax (PBT) of Rs. 1.2 billion compared to Rs. 513 million in the previous year from the non-tourism sectors. The Group’s non-tourism sectors recorded a 96% increase i
The National Ratings on Sri Lankan banks remain constrained by the sovereign credit profile (CCC), Fitch Ratings says. The highest National Rating for domestic banks with ratings driven by their intrinsic credit profiles is 'AA-(lka)'. This is the highest point on the national scale that corresponds
Hemas Holdings PLC (HHL) delivered yet another strong quarter amidst challenging operating environment conditions with key businesses gaining momentum in all areas.
The Group’s continued focus on growing the Consumer and Healthcare businesses along with operational excellence, contributed to the
Critical emergency medical equipment has been made available to 78 hospitals across the country for the COVID-19 response through a partnership between the World Health Organization (WHO) and the European Union (EU). These include high dependency unit (HDU) beds, finger pulse oximeters, oxygen conce