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BOI, CSE and Ceylon Chamber to organize first-ever virtual investor forum to attract foreign investment

Scheduled for 6th 7th and 8th April 2021 To target direct and portfolio investors Investment case to feature macro perspective and 1:1 project/equity pitches The Board of Investment of Sri Lanka (BOI), Colombo Stock Exchange (CSE) and Ceylon Chamber of Commerce (CCC) are set to organize a first-of-its-kind virtual investment forum to collectively promote direct…

(0)Comments | February 1, 2021 5:57 am

Cinnamon Life forges ahead

Sri Lanka’s largest and most iconic mixed development, Cinnamon Life announced another major milestone in its journey to completion with the securing of a Certificate of Conformity (COC) for the project’s office and ‘The Suites’ residential towers. Notably, the pace and the progress of the Cinnamon Life project continued to gain momentum, despite the challenges…

(0)Comments | February 1, 2021 5:55 am

Expolanka upholds stable growth; records Rs 57.8 Bn Revenue and Rs 4.5 Bn PAT during Q3

An agile business model was the cornerstone to Expolanka Holdings PLC sustaining its strong growth momentum during the latest quarter which ended 31 December 2020. The company attributed its performance to staying on the path of a focused and consistent growth strategy while remaining flexible and optimizing opportunities in a dynamic operating environment. The quarter’s…

(0)Comments | February 1, 2021 5:45 am

‘Hello Again’ virtual tourism awareness session held for US based tour operators and media

Sri Lanka’s Ambassador to the US Ravinatha Aryasinha has observed that the credibility Sri Lanka Tourism earned in caring for the tourists who made lengthy extensions of their stay in the country at the time COVID broke out, and Sri Lankan Airlines being one of the few carriers that continued to fly when most commercial…

(0)Comments | February 1, 2021 5:27 am

People’s Insurance enters agreement with Sri Lanka Tourism as the sole insurance provider for inbound tourists

As Sri Lanka opens its doors to the world once more, Sri Lanka Tourism has implemented several measures to ensure that the island getaway is as safe as possible for international guests. A medical insurance scheme is a key element of the many safety nets put in place. In order to provide this service, People’s…

(0)Comments | February 1, 2021 5:12 am

Stock market today: ASPI drops by 143 points 

Stocks ended Friday’s session on a mixed note. Colombo’s main, All Share Price Index plunged by 143.94 points (or 1.63%) to close at 8,668.07 whilst The S&P SL20 index, which includes the 20 largest and most liquid stocks increased by 8.85 points ( or 0.25%) to end at 3,514.18. At the beginning of the day’s trading session, the ASPI crossed the 9,000…

(0)Comments | January 29, 2021 5:05 pm

John Keells Properties extends Freedom Mortgages through partnership with DFCC Bank

As part of its commitment to bringing ease and flexibility to potential homeowners in Sri Lanka, John Keells Properties has inked a partnership with DFCC Bank, to supplement the property developer’s ground-breaking Freedom Mortgages home finance scheme. Being the first-of-its-kind in the country, this mortgage plan is offered to potential homeowners looking at investing in…

(0)Comments | January 29, 2021 4:07 pm

Trading halted at CSE

Regular trading at the Colombo Stock Exchange (CSE) was halted at 12.07 pm today (29). Issuing a statement, the CSE stated that the market has been halted due to a technical failure of a Broker Back Office system provider which has been brought to the attention of the CSE. “A further update will be made regarding market…

(0)Comments | January 29, 2021 12:37 pm

Women in Management, IFC and Government of Australia Honor Sri Lankan Women

Neelika Malaviga, a university professor known for her work in researching COVID-19, is among the winners of this year’s ‘Top 50’ Professional and Career Women Awards 2020, by Women in Management (WIM), in collaboration with Women in Work, a partnership between IFC, a member of the World Bank Group, and the government of Australia. The…

(0)Comments | January 29, 2021 12:16 pm

‘447 Luna Tower’ Announces Change of Project Partner

Belluna Co. Ltd Japan announces that with effect from 13th January 2021 Asia Capital PLC will not act as the local coordinating partner in the 447 Luna Tower project at Union Place, Colombo 02. Asia Capital PLC was the local partner facilitating the project on behalf of Belluna Co. Ltd Japan. 447 Luna Tower is solely…

(0)Comments | January 29, 2021 10:55 am

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