ECONOMYNEXT – Fitch Ratings said it had affirmed Dialog Finance PLC’s (DF) National Long-Term Rating of ‘AA(lka)’. The outlook is stable. “We believe DF has a...
ECONOMYNEXT – Fitch Ratings said it has affirmed Singer Finance (Lanka) Plc’s (SFL) National Long-Term Rating of ‘BBB(lka)’. The outlook is stable. Fitch also affirmed SFL’s...
ECONOMYNEXT – Sri Lanka is still negotiating the power purchase price with India’s Adani group, Energy Minister Kanchana Wijesekera said, amid concerns about the government procurement...
ECONOMYNEXT – Sri Lanka’s central bank is making profits from printing money and the balance goes to the consolidated fund according to its own law, Harsha...
ECONOMYNEXT – A steep salary hike by the central bank outside parliament’s control of public finances has come under fire at a meeting of legislators at...
ECONOMYNEXT – Sri Lanka rupee opened stronger at 307.50/90 levels from yesterdays close of 307.90/95 and moved down to 307.90/308.10 levels amid official purchases, market participants...
ECONOMYNEXT – Sri Lanka’s central bank borrowed US dollars from various counterparties through swap transactions, which had topped 3.2 billion US dollars by December 2024, official...
ECONOMYNEXT – A Sri Lanka parliamentary committee has summoned central bank officials to a party leaders’ meeting over a steep pay hike given to themselves, a...
ECONOMYNEXT – The Colombo Stock Exchange closed up 0.37 percent on Friday, and SG Holdings, the parent company of Expolanka Holdings Plc, said it was taking...
ECONOMYNEXT – Sri Lanka is hosting Sancharaka Udawa, a tourism industry exhibition which will bring together businesses ranging from hotels to travel agents and airlines, and...