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CSE extends trading hours from 10.30am to 2.30pm

The Board of Directors of the Colombo Stock Exchange (CSE), with the consultation of the Securities and Exchange Commission of Sri Lanka (SEC), has decided to extend the trading hours from Monday, 03rd January 2022 as set out below:   Pre-open session            – 10.00 a.m. to 10.30 a.m. Open Auction                    – at…

(0)Comments | December 22, 2021 12:42 pm

Joint Business Forum to Facilitate Sri Lanka’s Sustainable Organic Agriculture Initiative

Following the pursuit to support Sri Lanka’s policy to move towards sustainable organic agriculture through enhanced private sector engagement, a virtual Business Forum was recently held on the theme of ‘Sourcing agricultural inputs from Germany to strengthen Sri Lanka’s path towards sustainable and organic agriculture. The Embassy of Sri Lanka in Germany together with the…

(0)Comments | December 22, 2021 12:14 pm

NCPI based annual average headline inflation rises to 6.2 per cent, while Y-o-Y inflation increases to 11.1 per cent in November 2021

Headline inflation, as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, 2013=100), increased to 11.1 per cent in November 2021 from 8.3 per cent in October 2021. Meanwhile, on an annual average basis, the NCPI increased to 6.2 per cent in November 2021 from 5.7 per cent in October 2021….

(0)Comments | December 22, 2021 6:05 am

hSenid Business Solutions Limited rings the bell to debut trading on the Colombo Stock Exchange

The shares of hSenid Business Solutions Limited (CODE: HBS-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today. The shares have been listed on the Main Board of the CSE under the “Application Software” sector. The occasion was marked with a special Bell Ringing Ceremony held at the CSE. The Secretary to the Ministry of…

(0)Comments | December 21, 2021 4:47 pm

Santani becomes the first Sri Lankan hotel to be selected as “worlds best” – hailed as Best Wellness Retreat in the World by Travel+Leisure India

Travel+Leisure’s readership voted for their favourite wellness retreat in the world and have chosen Santani, Sri Lanka as the best in the world. Santani’s unique and scientific approach to wellness and ayurveda has made it stand out once again, with Travel + Leisure elaborating: “ Built with the belief that human beings heal and thrive…

(0)Comments | December 21, 2021 3:56 pm

CICT celebrates 10th anniversary, projects record 3.1 million teus in 2021

Colombo International Container Terminals (CICT) is ending 2021 on a high note, celebrating its milestone 10th anniversary in Sri Lanka on 22nd December and reaching the milestone of 3 million teus within a year for the first time. The company said its throughput for the full year is expected to reach approximately 3.1 million teus…

(0)Comments | December 21, 2021 2:40 pm

Kapruka IPO Opens Tomorrow

The Initial Public Offering (IPO) of Kapruka, Sri Lanka’s Pioneering ecommerce platform with a global presence, will officially open at 9.00am tomorrow, 22nd December 2021. Applications are now open and the Prospectus can be downloaded from ipo.kapruka.com. The issue, managed by Acuity Partners, will see Kapruka Holdings Limited offer investors a 20% stake in the…

(0)Comments | December 21, 2021 2:05 pm

Thornton and Dane wins Rs 1.8 billion contract to build JAT Property Group’s ‘146 Residencies’

Thornton and Dane Engineering has announced it has been awarded the Rs 1.8 billion contract to build ‘146 Residencies’ – the latest residential development of JAT Property Group (Pvt) Ltd. The Nextventures owned civil engineering company was chosen from five shortlisted bidders to construct the 14-storey edifice at Thalawathugoda, which on completion will comprise of…

(0)Comments | December 21, 2021 12:26 pm

Planters’ Association condemns politically-connected land encroachments at Madampe Estate

Demands that authorities to take action and uphold the rule of law, protect state property The Planters’ Association of Ceylon (PA) strongly condemned a recent incident of forceful and illegal encroachments of estates managed by the Regional Plantation Companies (RPCs), and called on the Government and law enforcement officials to uphold the rule of law…

(0)Comments | December 21, 2021 11:29 am

Hela Apparel Holdings set for landmark IPO

The Colombo Stock Exchange has formally approved the Initial Public Offering (IPO) of Hela Apparel Holdings Limited (the holding company of the Hela Clothing Group), with the offer set to open on Wednesday 12th January. This highly anticipated IPO, by one of Sri Lanka’s leading social-capital focused apparel supply chain solution providers, will see 267,108,998…

(0)Comments | December 21, 2021 7:40 am

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