Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE) has enabled e-IPO applications for the Initial Public Offering (IPO) of Chrissworld Ltd via the CSE Mobile application. IPO is due to be opened on 27th April 2021. CDS has introduced this new feature parallel to the Stock Market…
Revised Regulations issued under the Foreign Exchange Act, No.12 of 2017 Regulations issued under the Foreign Exchange Act, No. 12 of 2017 (FEA) have been revised for further simplification and clarity improvement, with the objectives of achieving greater efficiency in the conduct of cross-border foreign exchange transactions alongside further facilitating economic activities of the stakeholders…
The Colombo Stock Exchange (CSE) has approved, an application submitted by Prime Lands Residencies Limited, for the listing of its Ordinary Voting Shares by way of an offer for subscription. The company will be listed on the Diri Savi Board (or Main Board as relevant) of the CSE subject to compliance with the CSE Listing…
The shares of WindForce Ltd (CODE: WIND.N0000) commenced trading on the Colombo Stock Exchange (CSE) Thursday (22). The shares have been listed on the Main Board of the CSE under the ‘Utilities’ sector. The occasion was marked with a special Bell Ringing Ceremony hosted by the CSE. The listing follows a remarkable Initial Public Offering (IPO)…
Attractive Mobile and Home data packages to suit everyone’s need SLT-MOBITEL, the National Telecommunications and Mobile Services Provider, is revolutionizing the market with an array of new Unlimited AnyTime internet packages for fixed line and mobile customers, including Pre-Paid and Post-Paid. SLT-MOBITEL understands that customers have transformed the way they work, the lifestyle they lead…
Bloomberg – This year’s Tokyo Motor Show will be canceled due to the ongoing pandemic, Japan Automobile Manufacturers Association Chairman Akio Toyoda said. It will be difficult to hold the show, staged every two years in Japan’s capital, while seeking to ensure the safety of participants during the pandemic, Toyoda, who is also president of Toyota…
The Government of Sri Lanka and the World Bank signed a loan agreement in the amount of $69.33 million for the Kandy Multimodal Transport Terminal Development Project, which will develop the Good Shed terminal in Kandy. Located at the city center and providing access to the railway station, the modernized terminal will integrate rail, bus, three-wheeler, and…
SriLankan Airlines the flag carrier of Sri Lanka and a member of the prestigious oneworld alliance will commence flight operations to Nairobi in Kenya, its second destination in East Africa after flying to the Seychelles. Scheduled flights would commence today (22nd April 2021) between Bandaranaike International Airport (BIA) and Jomo Kenyatta International Airport (NBO), East…
The Sri Lanka – Greater Mekong Business Council will be conducting a webinar focusing on export oriented investments, opportunities, benefits and investment process in Vietnam. The objective of the webinar is to give an insight to the Council members and other interested parties on export oriented investment opportunities and the investment process in Vietnam. Mr. Van…
High Commissioner Rohana Beddage had a virtual meeting with Minister of Culture, Arts and Heritage of Maldives, Yumna Maumoon to discuss the possibilities of further enhancing cultural cooperation between Sri Lanka and Maldives amidst the global pandemic Covid19, on 15 April 2021. During the meeting, High Commissioner Beddage proposed to hold a virtual event possibly…
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