President says State Banks must play their bounden role in economic revival
(UTV | COLOMBO) – The State Banks should make their bounden contribution to rebuild the economy which is in a perilous state due to COVID-19...
Category : ADVERTORIAL
ADB approves $ 3 m grant to assist Sri Lanka’s response to COVID-19
(UTV | COLOMBO) – The Asian Development Bank (ADB) said on Wednesday (10) that it has approved a $ 3 million (over Rs. 500 million) grant...
Piramal Glass FY20 net profit up 12.4% to Rs. 389mn
(UTV | COLOMBO) – Piramal Glass Ceylon PLC (PGC) closed the year FY20 with a total turnover of Rs. 7,531 million as against Rs. 7,398...
Amana Bank Fitch Rating moves upward to BB+ (lka)
(UTV | COLOMBO) – Based on the latest rating review carried out in June 2020, Fitch Ratings Sri Lanka has revised the National Long Term...
UK economy shrinks record 20.4% in April due to lockdown
(UTV | COLOMBO) – The UK’s economy shrank by 20.4% in April – the largest monthly contraction on record – as the country spent its...
Fitch Takes Rating Action on Two Support-Driven Sri Lankan NBFIs; Affirms One
(UTV | COLOMBO) – Fitch Ratings has revised Serendib Finance Limited’s National Long-Term Rating to ‘AA-(lka)’, from ‘A+(lka)’, with a Negative Outlook, and that of...
PUCSL to fine-tune externality cost of thermal power generation
(UTV | COLOMBO) – The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to establish the externality cost – i.e. social...
ETI Investigation Committee meets President
(UTV | COLOMBO) – The inquiring committee appointed to investigate alleged irregularities in the ETI Investments met President Gotabaya Rajapaksa at the Presidential Secretariat yesterday...
SLTD issues tourism operational guidelines
(UTV | COLOMBO) – Sri Lanka Tourism Development Authority (SLTD) has issued tourism operational guidelines as a move to resume tourism sector. The SLTD said...
Ceylon Graphite completes first graphite sale from its K1 mine in Sri Lanka
(UTV | COLOMBO) – Ceylon Graphite Corp. (“Ceylon Graphite”) recently announced the first sale of graphite from its K1 mine in Sri Lanka, since the commencement of...