Fitch Ratings has assigned Singer Finance (Lanka) PLC's (SFL, A+(lka)/Stable) Sri Lanka rupee-denominated subordinated unsecured debentures a final national long-term rating of 'A-(lka)'. The assignment of the final rating follows the receipt of documents conforming to information previously rec
Uber today announced 50,000 free rides to the Sri Lanka Red Cross Society for transporting frontline healthcare workers, elderly and citizens from vulnerable communities to vaccination hubs for supporting the government’s drive to inoculate the nation. Uber’s free rides will also be deployed to
The Securities and Exchange Commission of Sri Lanka (SEC), having considered the contents of the letter dated 28th May 2021 of the Colombo Stock Exchange (CSE) focusing on the inability of Listed Companies to release the Annual Reports and the Financial Statements in terms of the Listing Rules of th
By Dr. Asanka Wijesinghe
On the front page of The New York Times' March 27 edition, a staggering chart illustrated COVID-19-induced unemployment level in the US. The front page will certainly join the club of the most creative front pages, but it was an alarming attestation of the economic impac
As the country experiences an increasing need for oxygen to treat COVID-19 affected patients, the health authorities have conveyed to the Presidential Task Force that a greater need is likely to occur for oxygen.
The companies supplying oxygen to the market at present are able to meet the curren