ECONOMYNEXT – WindForce Plc said Fitch Ratings Lanka Ltd had assigned a ‘BBB+(lka)’ rating for the company with stable outlook. “The rating reflects WindForce’s large exposure to Ceylon Electricity Board (CEB, BB+(1ka)/Stable) as the key offtaker. The Stable Outlook reflects…
The plantation industry raised its strongest possible objections to the Government’s arbitrary, reckless, unilateral decision to drastically hike minimum wages for tea and rubber sector workers by an unprecedented 70%. All producer stakeholders issued a unified warning against the devastating…
ECONOMYNEXT – WindForce Plc said Fitch Ratings Lanka Ltd had assigned a ‘BBB+(lka)’ rating for the company with stable outlook. “The rating reflects WindForce’s large exposure to Ceylon Electricity Board (CEB, BB+(1ka)/Stable) as the key offtaker. The Stable Outlook reflects…
The Monetary Policy Board of the Central Bank of Sri Lanka, at its meeting held on 27 May 2024, decided to maintain the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank at…
ECONOMYNEXT – A state ordered wage hike for tea and rubber workers will de-stabilize the sector by undermining a productivity linked wages aimed at boosting output, plantations managers said. In order to pay the mandated wage which amounts to a…
<!– Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery – Sri Lanka Home » Central Bank of Sri Lanka maintains Policy Rates to support Economic Recovery
<!– Seven Wild Elephants found dead in Sri Lanka’s Polonnaruwa Wildlife Reserve – Sri Lanka Home » Seven Wild Elephants found dead in Sri Lanka’s Polonnaruwa Wildlife Reserve
ECONOMYNEXT – A state ordered wage hike for tea and rubber workers will de-stabilize the sector by undermining a productivity linked wages aimed at boosting output, plantations managers said. In order to pay the mandated wage which amounts to a…
THE RISE OF CRYPTOCURRENCIES Dona Senara explores the curious and dubious world of digital currencies Since the inception of bitcoin in 2009, cryptocurrencies have evolved from being a digital curiosity into a trillion dollar industry while challenging conventional notions of…
ECONOMYNEXT – A state ordered wage hike for tea and rubber workers will de-stabilize the sector by undermining a productivity linked wages aimed at boosting output, plantations managers said. In order to pay the mandated wage which amounts to a…
