The glorious hill country of Sri Lanka famed for its beauty and unique climate would not be healthy to settle in, with heavy rain, landslides and earthquakes likely to continue in the future, the Town Planners Association warns.
Town Planners Association past president Lakshman Jayasekara said town planners have re-identified these fragile areas and urge all parties to be more vigilant, take measures to protect these areas and conserve them. |
A weakening of the Sri Lankan economy could see Central Finance Company’s (CF’s) asset quality deteriorating in the current financial year. “However because of CF's well developed credit risk management framework, it is expected that the asset quality will continue to compare favourably against the sector,” a top rating agency said. |