manusath-derana

Top News

Perceived Economic Opportunity PEO: January, 2017

Expectation On Ability To Save Decreses Despite The Upward   Trend Of Expectation For Reduction Of Corruption  With The Establishment Of A Special Presidential Commission To Investigate The Central Bank Bond Issue   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400…

(0)Comments | March 29, 2017 5:14 pm

EU Blocks Deutsche Boerse’s $14 Billion Takeover of London Stock Exchange

Bloomberg – European Union regulators dealt a final blow to Deutsche Boerse AG’s planned takeover of London Stock Exchange Group Plc, a symbolic block on EU-U.K. integration on the same day Britain formally serves notice of its decision to quit the EU. The $14 billion deal to create Europe’s biggest exchange would have harmed competition…

(0)Comments | March 29, 2017 4:17 pm

Lankan Business Delegation Visits Moscow, led by Sri Lanka – Russia Business Council

A 25 member Sri Lankan business delegation led by Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce together with the Sri Lankan Embassy in the Russian Federation visited Moscow last week. The business delegation, which was led by President of the Sri Lanka – Russia Business Council, Mr. Isuru Samarasinghe, Managing…

(0)Comments | March 29, 2017 12:55 pm

CSE and Sydney Stock Exchange move to improve capital market ties

The Colombo Stock Exchange (CSE) and the Sydney Stock Exchange (SSX) recently entered into a memorandum of understanding (MoU) to broaden mutual development and create new links between Australian and Sri Lankan businesses and capital markets. The agreement was inked at the backdrop of the Invest Sri Lanka Forum that took place in Sydney last…

(0)Comments | March 29, 2017 12:52 pm

Sri Lankan shares rise on foreign investor buying; turnover hits 1-mth high

Reuters – Sri Lankan shares closed slightly stronger on Tuesday, recovering from a more than one-year closing low hit in the previous session, as foreign investors bought battered stocks while block deals pushed the day’s turnover to a one-month high. The Colombo stock index closed 0.17 percent firmer at 5,985.08, closing below a key psychological…

(0)Comments | March 29, 2017 7:56 am

Trade and investment promotion event held in New Delhi

Sri Lanka High Commission in New Delhi organized a trade and investment promotion event on 21st March at the High Commission premises. The main focus of the event was to promote Sri Lanka’s exports and investments among the members of BRICS Chamber of Commerce and Industry. The event was sponsored by the Department of Commerce…

(0)Comments | March 29, 2017 7:16 am

PUCSL Kicks off the 2nd edition of Consumer Rights Forum 2017

Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator held the second edition of  ‘Consumer Rights’ Forum, featuring an eminent panel of experts , on 28th March 2016 at the Bandaranaike Center for International Studies to mark the occasion of ‘Consumer Rights Day’. This noteworthy initiative by PUCSL reflects the thought leadership in driving…

(0)Comments | March 28, 2017 5:07 pm

Stock brokers to meet Finance Minister over unfavourable situation

The Colombo Stock Exchange (CSE) is reportedly facing an unfavourable situation due to the continued slump. By yesterday (27 March) the All Price Index has weakened 4.07% since the beginning of 2017. While the brokering companies are faced with several serious issues under these circumstances, Ada Derana Biz learned that some companies are mulling pay…

(0)Comments | March 28, 2017 4:30 pm

Truecaller and Google Come Together to Improve Video Calling for Millions – As Truecaller Rolls Out New SMS and Flash Messaging Services to Users

Google Duo integration into Truecaller set to bring all-in-one communications app to millions, as Truecaller app adds new messaging and SMS blocking features   Truecaller today announced a strategic agreement to integrate Google Duo, a high quality video calling service, within the Truecaller app. This will add a crucial communications layer that strengthens the value…

(0)Comments | March 28, 2017 4:25 pm

Motor vehicle imports to Sri Lanka drop by 41.5% during 2016

The expenditure incurred on motor vehicle imports into Sri Lanka during 2016 was 794.8 million US dollars, indicates a recent report on the activities of the foreign unit released by the Economic Research Department of the Central Bank of Sri Lanka (CBSL). Meanwhile, the expenditure on motor vehicle imports during 2015 has been 1,359.6 million…

(0)Comments | March 28, 2017 12:38 pm