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Trade War Hits Emerging Market Growth, Weaker Dollar Eases Some Risks: Fitch Ratings

Sri Lanka, May 9 -- Emerging-market (EM) issuers are variously exposed to direct and indirect impacts from the global trade war, Fitch Ratings says in a new report. Credit pressures may become most ev... Read More


U.S. and Sri Lanka Mark 20 Years of Port Security Cooperation with Colombo Radiation Detection Upgrade

Sri Lanka, May 8 -- U.S. Ambassador to Sri Lanka Julie Chung commissioned new radiation detection equipment at Port of Colombo on Friday, March 28, provided by the U.S. Department of Energy/National N... Read More


Civil society organizations Urge Government to Recommit to Open Government Partnership Amid Risk of Expulsion

Sri Lanka, May 8 -- As co-conveners of the Civil Society Organizations (CSOs) of the Open Government Partnership (OGP) process in Sri Lanka, Transparency International Sri Lanka (TISL) and the Sarvoda... Read More


Fitch Rates Seylan Bank's Basel III Subordinated Debt 'A-(EXP)(lka)'

Sri Lanka, May 8 -- Fitch Ratings has assigned Seylan Bank PLC's (A+(lka)/Stable) proposed Sri Lankan rupee-denominated, Basel III-compliant subordinated debentures of up to LKR15 billion an expected ... Read More


RIUNIT suburban real estate update: Rajagiriya

Sri Lanka, May 7 -- A residential oasis Rajagiriya, once a quiet Colombo suburb was initially flagged in the RIUNIT Real Estate Market report in 2014 as having one of the highest growth potentials am... Read More


CSE and NCE Partner to Empower Sri Lankan Exporters

Sri Lanka, May 4 -- The Colombo Stock Exchange (CSE) and the National Chamber of Exporters of Sri Lanka (NCE) entered into a strategic partnership to support Sri Lankan exporters by enhancing their ac... Read More


Fitch Rates Bank of Ceylon's Basel III Subordinated Debt Final 'A(lka)'

Sri Lanka, May 2 -- Fitch Ratings has assigned Bank of Ceylon's (BOC, CCC+/CCC+/AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR15 billio... Read More


IGT 1 officially on-boards at Business Centre at Port City Colombo

Sri Lanka, April 29 -- IGT 1 Outsourcing Lanka (Private) Ltd, hereafter referred to as 'IGT 1 Lanka', the subsidiary of IGT Holding I Sweden AB, and sister company of IFS Sri Lanka, recently signed an... Read More


Sri Lanka Ports Authority Welcomes MSC MARIELLA - The Largest Container Vessel Ever to Call at Sri Lanka

Sri Lanka, April 29 -- Marking a historic milestone for Sri Lanka's maritime industry, the ultra-large container vessel (ULCV) MSC MARIELLA, one of the largest container vessels in the world and the l... Read More


Colombo Stock Exchange Introduces GSS+ Bonds to the Sri Lankan Capital Market

Sri Lanka, April 27 -- In line with a broader, more inclusive approach and in alignment with evolving global standards, the Colombo Stock Exchange (CSE) is pleased to announce the launch of the GSS+ B... Read More