Market mainly driven by politics since November
THE performance of the Colombo Stock Market since
the November 17 Presidential election is a clear indication that
peace plays the major role in boosting investor confidence, stock
analysts said.
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Pay hike boost for security services
THE Industrial Security Foundation (Sri Lanka)
Inc., body corporate for commercial and industrial security trade
has welcomed the pay hike granted to security personnel (civil
security).
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Lanka Rating assigns BBB3/L3 for Asian Finance
LRA has assigned a long-term financial
institution rating of BBB3 (with a stable outlook) and a short term
rating of L3 to Asian Finance Limited ("Asian Finance" or "the
Company"). The ratings reflect Asian Finance's growing profitability
and improving asset quality, tempered by its borderline liquidity
and marginal capitalisation.
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