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Fourth successive win for Hayleys Group ‘B’

Mahesh Deepal finished with impressive figures of 05 wickets for 20 runs in 05 overs, as he steered Hayleys Group ‘B’ to their fourth successive win, beating Aitken Spence by 09 wickets in the ongoing 10th Stafford Motor Co. sponsored ‘Honda’ Trophy – MCA ‘G’ division 25 Over League Tournament 2021, continued last weekend (27-28…


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Bangladesh’s HR Lines to launch Colombo-Chattogram feeder service with Hayleys’ Clarion Shipping

Bangladesh’s container ship operator HR Lines Ltd. will be launching the Colombo-Chattogram feeder service on 4 April, in partnership with Clarion Shipping Ltd., a subsidiary of Hayleys Advantis Ltd. The operation will commence with two of the newest container vessels to be added to the fleet of HR Lines, MV HR Hera and MV HR…


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Singer wins People’s Brand of the Year award

Singer Sri Lanka PLC clinched prominent awards at SLIM People’s awards2021, reiterating its dominance in the consumer durables sphere. Singer was crowned SLIM People’s Brand of the Year 2021 award for 15th consecutive timet. Forging its way to another achievement, Singer clinched the coveted SLIM People’s Durables Brand of the Year 2021 award, reaffirming its…


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Somerset Estate Betters Its Own All-time Record

Somerset Estate, Talawakelle previously achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category at the auction concluded on 24 February. Exactly a month after and almost at the end of the Dimbulla Quality Season, the Estate has bettered its own record at Sale No. 12 held…


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Singer Finance

Fitch Rates Singer Finance’s Sub-Debt ‘A-(lka)(EXP)’

Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) proposed Sri Lanka rupee-denominated subordinated unsecured debentures an expected national long-term rating of ‘A-(lka)(EXP)’. The proposed debentures are to total up to LKR2 billion with a maturity of five years and will carry fixed and floating rate coupons. Read the full article.


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Singer Finance

Singer Finance Goes for Rs. 2 b Debenture Issue

Singer Finance (Lanka) PLC has announced plans to raise Rs. 2 billion via listed debenture issue. Its Board has resolved to issue up to 20 million listed, rated, unsecured, subordinated, redeemable debentures of Rs. 100 each. The move is subject to regulatory approval. Source


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DPL Lends a Hand to Children in Monaragala Rubber Farming Communities

As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project. This year’s distribution recorded the largest donation of school bags, which was…


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Pedro Estate Sets An All-Time Record Price

Pedro Estate situated in Nuwara Eliya has established an all-time record price at this week’s tea auction held on 10 March by securing an attractive price of Rs. 1,450 for a BOP  grade selling under the ‘Lovers Leap’ mark. This line of tea was purchased by Mabroc Teas Ltd. Read the full article here.


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DPL Enhances Its Rubber Supply Chain

Continuing to strengthen the farmer co-operative societies in its loyalty network, Dipped Products PLC (DPL) distributed rubber plants to smallholder farmers in the Monaragala District under its flagship sustainability initiative: DPL Firstlight. The plants for the inaugural distribution were sourced from a new nursery established by DPL. Setting in motion plans to continue the initiative…