Sri Lanka Archives - Page 8 of 18

December 20, 2021

Fitch Ratings (Fitch), in a rather hasty move, downgraded Sri Lanka’s international sovereign rating on 17 December 2021, demonstrating its failure to recognise the positive developments taking place in Sri Lanka, in an environment in which the entire world is grappling with multiple waves of the COVID-19 pandemic. This action resembles the […]

December 18, 2021

Fitch Ratings – Hong Kong – 17 Dec 2021: Fitch Ratings has downgraded Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’, from ‘CCC’. Fitch typically does not assign Outlooks or apply modifiers for sovereigns with a rating of ‘CCC’ or below. A full list of rating actions is at the […]

December 17, 2021

Colombo, 13rd December 2021: In an effort to support wood craftsmanship in Sri Lanka, JAT Holdings PLC has launched the JAT “Pinthaaroo-Shilpee Abhiman” programme to provide training and apprenticeships to woodcraftsmen, thus encouraging a new generation to take up this important age-old craft. This initiative is an extension of the JAT Sayerlack […]

December 13, 2021

December 13th, 2021: Leading Sri Lankan insurer Co-operative Insurance, recently announced the date of their Initial Public Offering (IPO), which is set to take place on the 20th of December, 2021. The IPO will be managed by the Merchant Bank of Sri Lanka. Affirming its financial strength, the company, which secured […]

December 13, 2021

A journey of 20 years in uplifting capital markets is certainly one worth celebrating, for key stakeholders as well as the lay observer alike. What makes this accomplishment even more remarkable is the evolution witnessed over the years, in the process of bringing to the fore the crème de la crème from […]

December 12, 2021

At the British Council in Sri Lanka we’re excited to be preparing for the reopening of our teaching centres for face-to-face classes on 7 January 2022 in Colombo, Kandy, Jaffna and Matara. After a considerable period of closure due to the pandemic, our students and teachers are keen to be back in […]

December 12, 2021

LEADING REAL ESTATE AWARDS PROGRAMME RESUMES WITH LAURELS FOR SRI LANKA’S MOST IMPRESSIVE LUXURY AND LIFESTYLE DEVELOPERS Home Lands Skyline (Pvt) Ltd dominates 2021 programme with seven awards, including Best Developer and the Best of Sri Lanka titles Kelsey Developments PLC wins all-new Best Lifestyle Developer award, plus accolades for projects Central Park […]

December 12, 2021

December 10th, 2021: The flagship property of Prime Group, Sri Lanka’s leading property developer, The Grand – Ward Place located in Colombo 07 recently revealed its immaculately designed Display Suite to the public. Having fully accomplished the construction of piles and testing, structural work, and super structure work, The Grand draws closer […]

December 9, 2021

09 December 9, 2021: Tracified Technologies initiated a blockchain based traceability solution targeting 10,000 farmers in Sri Lanka who export to the EU. Funded by GIZ, the solution will be a platform for farmers to provide transparency on the origin of the food source, harvesting and processing dates, and processing techniques used. […]

December 9, 2021

Grubtech, the UAE-based tech innovator and disruptor who has become a leader in the cloud kitchen space, is aggressively expanding its offices in Sri Lanka, bringing endless possibilities to digitally transform Food & Beverage (F&B) businesses and in offering many job opportunities to talented software engineers across the country. In just two […]

The Government Strongly Disputes the Hurried Rating Action by Fitch Ratings

Fitch Downgrades Sri Lanka’s Long-Term Foreign-Currency IDR to ‘CC’

JAT Holding PLC partners with NAITA to support and develop Sri Lankan Woodcraft

Co-operative Insurance set to open Initial Public Offering on 20th December

CFA Society Sri Lanka Celebrates 20th Anniversary Week!

British Council Plans to Reopen Teaching Centres for Young Learners

4th PropertyGuru Asia Property Awards (Sri Lanka) return with the island nation’s premier developers, projects

The Grand – Ward Place debuts display suite in time for the festive season

Tracified enables 10,000 Sri Lankan farmers to move up the value chain

Dubai Based Tech Innovation company Grubtech raises $13 Million and expands operations in Sri Lanka