Reuters – Sri Lankan shares rose for an eighth straight session to hit a six-week closing high on Wednesday, as investors picked up banks and diversified shares, with sentiment expected to remain positive after the central bank kept key policy rates unchanged last week. The Colombo Stock Index ended 0.81 percent firmer at 6,463.50, its…
Perceived Economic Opportunity PEO: September, 2017 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a random sample of 400 men and women covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB PROSPECTS…
According to the newly established government institution for the supervision of asset and cost management, the Comptroller General Office, the overall vehicle owned by the government is 57,961 and in which 50, 238 are in running condition, revealed Co-Cabinet Spokesman, Minister of Lands and Parliamentary Reforms, Gayantha Karunatilake at the weekly Cabinet press briefing today….
Presents awards for ‘Best Digital Bank’ and ‘Best Mobile Banking Application’ in Sri Lanka in 2017 The Commercial Bank of Ceylon PLC has been recognised as the ‘Best Digital Bank’ in Sri Lanka and has been presented the award for the ‘Best Mobile Banking Application’ by the prestigious London-based ‘World Finance’ magazine celebrating achievement,…
May the Triple Gem Bless You First of all, I offer my best wishes for the New Year. As the people of the country are very eagerly waiting with high interest, I wish to make a statement on the final report of the Presidential Commission of Inquiry (PCoI) into the Bond Issuance of the Central…
The Cabinet has approved proposals for the issuance of Sri Lanka Development Bonds and International Sovereign Bonds under the Public Borrowing Program 2018. The Sri Lankan Government said that the maximum borrowing limit for 2018 is LKR 1,893 billion and LKR 1,313 billion out of them will be obtain from local sources and LKR 580…
Reuters – Sri Lankan shares rose for a seventh straight session to hit a near five-week closing high on Tuesday as investors picked up large caps, with sentiment expected to remain positive after the central bank kept key policy rates unchanged last week. The Colombo Stock Index ended 0.66 percent firmer at 6,411.27, its highest…
Fitch Ratings-Singapore/Colombo-02 January 2018: Fitch Ratings has assigned Sri Lanka Telecom PLC’s (SLT, AAA(lka)/Stable) proposed senior unsecured debenture issue of up to LKR7 billion an expected National Long-Term Rating of ‘AAA(lka)(EXP)’. The debentures will have a tenor of 10 years and carry fixed coupons. The debentures will be listed on the Colombo Stock Exchange, with…
The Monetary Board of the Central Bank of Sri Lanka at its meeting held on 01.01.2018, having considered the weak financial performances of the ETI Finance Ltd. (ETIF) and Swarnamahal Financial Services PLC (SFSP) with a view to safeguard the interests of the depositors and other creditors of the two companies, and to ensure safety…
John Keells Holdings PLC, one of the largest listed companies in Sri Lanka announced several changes in its Board of Directors. Two of the Company’s Executive Directors, Ajith Gunawardene and Ronnie Pieris have retired from their positions at John Keells Holdings PLC and all other positions in its subsidiaries, with effect from 31 December 2017….
Video Story
