Fitch Ratings last week announced it assigned State Mortgage & Investment Bank (SMIB) a first-time National Long-Term Rating of ‘BB(lka)’. The Outlook is Stable. ..

ECONOMYNEXT – The Colombo Stock Exchange closed down on Friday, data on its site showed. The broader ASPI closed down 0.42 ...

Sri Lanka-based State Mortgage and Investment Bank (SMIB) has been assigned a first-time national long-term rating of 'BB(lka)' by Fitch Ratings. The outlook is stable.

While Sri Lanka is likely to regain access to global capital markets in two years, Central Bank (CB) Governor Dr. Nandalal Weerasinghe believes the government should refrain from raising funds from ..

Fitch Ratings said this week that its rating measurement of shoe maker, DSI Holdings Ltd (DSIHL) reflects the company's position as Sri Lanka's largest manufacturer and retailer of footwear, and its ...

Fitch Ratings has published the National Long-Term Rating of ‘AAA’ for Sri Lankan conglomerate Hayleys PLC’s (AAA(lka)/Stable) proposed senior unsecured redeemable debentures of up to Rs. 7 billion. .

The Sri Lankan government’s budget highlights the authorities’ commitment to raising fiscal revenues as a share of GDP - an approach that, if successful, would alleviate a long-standing weakness in ...

Sri Lanka’s new government will be restricted in how much it can spend for at least the next two years, the prime minister said, as it looks to balance campaign pledges to unwind tax increases and ...

Recent regulatory changes have had a positive effect on the insurance market, including a stringent risk-based capital regime and the increase in minimum regulatory capital and public listings.