Company Overview and News

 
10 Sri Lankan Finance Companies ratings affirmed : Fitch

2017-07-24 lankabusinessonline
July 24, 2017 (LBO) –  Fitch Ratings, a credit ratings agency, has affirmed the long-term issuer default ratings (IDRs) of ten local finance companies, a statement said.

 
Eminent Chartered Accountants Tissa Bandaranayake and Ajit Jayaratne inducted to CA Sri Lanka Hall of Fame

2016-11-02 bizenglish.adaderana.lk
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to two eminent Chartered Accountants by inducting them to the CA Sri Lanka Hall of Fame in recognition of their exemplary contribution towards the development of the accounting profession, the business world and the country.

 
Some Random Thoughts On Economic Development

2016-10-31 colombotelegraph
There is a need to be optimistic about Sri Lanka’s future. This is also called positive thinking or PMA (positive mental attitude) in psychology. Positive thinking is necessary not only in politics but also or more so in economics. After all it is the economic progress that would enable people to be optimistic about life, their children’s future and the future of the country. Before thinking of global interdependence, the people need to have a good grasp of mutual interdependence within the country.

 
mCash partners with Central Finance for Leasing Payments

2016-09-14 bizenglish.adaderana.lk
The National Mobile Service Provider SLT Mobitel has partnered with Central Finance enabling  Central Finance customers to simply pay their leasing payments from his/her own mCash account or by walking into any  mCash touch point islandwide to make their leasing payments conveniently. This service is available for both Mobitel and non-Mobitel customers providing everyone the opportunity to experience the best benefits offered through mCash.

 
Fitch Affirms 10 Sri Lankan Finance Companies

2016-08-02 bizenglish.adaderana.lk
Fitch Ratings has affirmed the ratings of People’s Leasing & Finance PLC (PLC), Central Finance Company PLC (CF), Melsta Regal Finance Ltd (MRF), HNB Grameen Finance Limited (HGL), LB Finance PLC (LB), Siyapatha Finance PLC (Siyapatha), Senkadagala Finance PLC (Senka), AMW Capital Leasing And Finance PLC (AMCL), Singer Finance PLC (SFL), and Mercantile Investment & Finance PLC (MIF).

 
Fitch affirms 10 Finance Companies; expects asset quality to deteriorate

2016-08-02 lankabusinessonline
Aug 02, 2016 (LBO) – Fitch Ratings has affirmed the ratings of 10 Finance Companies following its periodic review of the large and midsized finance companies in Sri Lanka.

 
Sri Lankan shares end at one-month closing high

2016-07-22 bizenglish.adaderana.lk
Reuters – Sri Lankan shares rose for a second straight session on Friday and posted its highest close in a month, helped by gains in large-cap beverage shares, while investors awaited directions on the macro economy.

Related Articles

ANTH: Anthera Pharmaceuticals Analysis and Research Report

2018-05-21 - Asif

Overview Anthera Pharmaceuticals, Inc. is a biopharmaceutical company focused on advancing the development and commercialization of innovative medicines that benefit patients with unmet medical needs. The company currently have two compounds in development, Sollpura and blisibimod. The company licensed Sollpura from Eli Lilly & Co (“Eli Lilly”) in July 2014. Sollpura is a novel non-porcine investigational Pancreatic Enzyme Replacement Therapy (“PERT”) intended for the treatment of patients with Exocrine Pancreatic Insufficiency (“EPI”), often seen in patients with cystic fibrosis and other conditions. The company licensed blisibimod from Amgen, Inc. (“Amgen”) in December 2007. Blisibimod targets B-cell activating factor, or BAFF, which has been shown to be elevated in a variety of B-cell mediated autoimmune diseases, including Immunoglobulin A nephropathy, or IgA nephropathy. Sollpura The exocrine pancreas is responsible for synthesis and secretion of digestive en...

AGEN: Agenus Inc Analysis and Research Report

2018-05-21 - Asif

Business Agenus is a clinical-stage immuno-oncology (“I-O”) company dedicated to becoming a leader in the discovery and development of innovative combination therapies and committed to bringing effective medicines to patients with cancer. The company's business is designed to drive success in I-O through speed, innovation, and effective combination therapies. Agenus has assembled fully integrated capabilities from novel target discovery, antibody generation, cell line development, and good manufacturing practice (“GMP”) manufacturing together with a comprehensive portfolio consisting of antibody-based therapeutics, adjuvants and cancer vaccine platforms. The company leverage its immune biology platforms to identify effective combination therapies for development and have developed productive partnerships to advance its innovation. The company believe the next generation of cancer treatment will build on clinically validated antibodies targeting CTLA-4 and PD-1 combined wi...

SQ: Square Analysis and Research Report

2018-05-21 - Asif

Business The company started Square in February 2009 to enable businesses (sellers) to accept card payments, an important capability that was previously inaccessible to many businesses. However, sellers also need innovative solutions to thrive, and Square has since expanded to provide additional products and services to give these businesses access to the same tools as large businesses. This approach aligns with its purpose of economic empowerment, as everything the company do should give sellers accessible, affordable tools to grow their businesses and participate in the economy. Square is a cohesive commerce ecosystem that helps its sellers start, run, and grow their businesses. The company combine sophisticated software with affordable hardware to enable sellers to turn mobile and computing devices into powerful payment and point-of-sale solutions. Square has high seller acceptance rates and fast onboarding, while maintaining low risk and fraud losses as a result of its a...