Fitch Ratings has assigned Sampath Bank PLC’s (A(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR10 billion an expected National Long-Term Rating of ‘BBB+(EXP)(lka)’. The proposed debentures, which will mature in five years, will be listed…
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After more than 3 million votes were cast by 168,000 passionate, globetrotting readers, the results for the 23rd Annual Wanderlust Reader Travel Awards are now in. Destinations, tour operators and travel brands have been recognised across 22 categories, including the Most…
ECONOMYNEXT – The United States has sanctioned an Indian firm which is in a consortium with a Russian firm to manage Sri Lanka’s Mattala Airport, official data showed. The U.S. Department of the Treasury sanctioned India-based Shaurya Aeronautics Private Limited…
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ECONOMYNEXT- Sri Lanka’s central bank should not inject large volumes of excess liquidity though domestic operations into the banking system to push rates down, with data showing that banks are being offered more money than they need, an economic analyst…
Aitken Spence Logistics showcased its enduring excellence and industry leadership at the prestigious SLFFA National Logistics Awards (NLA) 2024, winning five notable awards that reinforce its reputation for quality, innovation, and service excellence in Sri Lanka’s logistics sector. Organized by…
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ECONOMYNEXT- Sri Lanka’s central bank should not inject large volumes of excess liquidity though domestic operations into the banking system to push rates down, with data showing that banks are being offered more money than they need, an economic analyst…
