Thursday, 19th January 2017, Colombo: Sri Lanka's leading investment banking firm and the preferred partner in financial markets, Capital Alliance Limited (CAL), has been assigned the issuer rating of [SL]A- with stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited (a group company of Moody's Investors Service). The rating…
Life insurance leader Ceylinco Life celebrated its 29th anniversary on 14th January by laying the foundation stone for a new eco-friendly branch building on company-owned land at Kadawatha. Located at 15A Jaya Mawatha Kadawatha, the new branch building will on completion have two-floors offering 5,870 square feet of space, with…
Governor of the Central Bank of Sri Lanka Dr. Indrajit Coomaraswamy will deliver the 21st Annual Tax Oration organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on 19th January 2017. Dr. Coomaraswamy will speak on the topic ‘Revenue Based Fiscal Consolidation towards Sustainable Growth.’ Dr.…
Tuesday, 03 January 2017, Colombo: With a prestigious history of 45 years and trusted excellence, backed by loyal customers who have been the source of strength, Kanrich Finance Limited with the intention of delivering advanced and highly effective service to their trusted clientele launched their branch in Kegalle recently. The…
The leading non-bank finance company in Sri Lanka, People’s Leasing & Finance PLC opened its centennial (100th) branch in Hanwella town (132/3, Colombo Road, Hanwella) recently. The new branch was declared open by Mr. Hemasiri Fernando, Chairman, PLC on the invitation of Mr. D P Kumarage, CEO/General Manager. PLC’s maiden…
A leading financial organization, Siyapatha Finance PLC has announced that it is conducting a grand draw, the “Siyapatha Bonanza”, for the company’s leasing and gold loan customers from the 1st of October to the 31st of December 2016. Every customer to obtain leasing and gold loan facilities from Siyapatha Finance…
The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2016 annual index rebalance. As announced by S&P Dow Jones Indices, effective from 19 December 2016 (after the market close of 16 December 2016), Ceylinco Insurance…
The Colombo Stock Exchange (CSE) conducted a successful planned live disaster recovery testing exercise at 11:30 a.m. and recovered successfully at the Disaster Recovery site at 12:30 p.m. on 25th November 2016, where all trading activities and Central Depository Services (CDS) operations were switched over to the remote site during…
As Accrual Accounting continued to gain ground, South Asia too has begun to extensively deliberate on adopting this methodology for the public sector during a high profile event organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), South Asian Federation of Accountants (SAFA), World Bank Group…
The Cinnamon Grand in Colombo seemed extra alive over the past few days as Sri Lanka hosted the 12th International Microinsurance Conference. From the 15th to the 17th of November, more than 400 insurers from over 50 countries and Sri Lanka gathered to share their views and ideas on the…