Top News

First Stakeholders’ Symposium on NES begins today

“First Stakeholders’ Symposium of Sri Lanka’s National Export Strategy (NES)”, organized by the Sri Lanka Export Development Board (EDB), together with the Ministry of Development Strategies and International Trade, and International Trade Center (ITC) Geneva will be held on 6th and 7th April at Temple Trees. The Symposium is organized by the ITC under the…

(0)Comments | April 6, 2017 10:26 am

Sri Lankan shares hit near 3-month closing high on foreign buying

Reuters – Sri Lankan shares rose on Wednesday to their highest close in nearly three months led by blue chips such as John Keells Holdings Plc, as continued foreign buying boosted sentiment. The Colombo stock index ended 0.84 percent firmer at 6,198.32, its highest close since Jan. 16. The index rose 1.1 percent last week,…

(0)Comments | April 6, 2017 10:24 am

SriLankan Airlines to resume normal operations following full reopening of BIA

SriLankan Airlines will resume normal operations throughout its global route network from 7th April 2017, following the resumption of full services at Colombo’s Bandaranaike International Airport (BIA), which had been partially closed for three months while its runway underwent resurfacing. SriLankan wishes to express its gratitude to all its stakeholders for their patience and assistance…

(0)Comments | April 5, 2017 4:33 pm

CMTA concerned over the decision to assemble motor vehicles locally

The Ceylon Motor Traders’ Association is concerned over the recent decision by the government, where it allowed the assembling of motor vehicles locally by using imported used spare parts. This move by the authorities, the Association, the apex body representing the manufacturers of the global automobile brands in Sri Lanka says will jeopardize the safety…

(0)Comments | April 5, 2017 2:51 pm

Sri Lankan shares hit highest close in over six weeks on foreign buying

Reuters – Sri Lankan shares hit their highest closing in more than six weeks on Tuesday, as foreign buying boosted sentiment while block deals lifted the day’s turnover, stockbrokers said. The Colombo stock index ended 1.1 percent firmer at 6,146.69, its highest close since Feb. 17. The index rose 1.1 percent last week, posting its…

(0)Comments | April 5, 2017 11:01 am

B P P L Holdings Limited makes CSE debut

Brush manufacturer and exporter of sanitary maintenance tools, B P P L Holdings Limited (BPPL) rang the opening bell to commence trading and celebrate the listing of its shares on the Colombo Stock Exchange (CSE) today. Chairman Mr. Sarath Amarasinghe, Managing Director Dr. Anush Amarasinghe and members of the Board of Directors and Senior Management…

(0)Comments | April 4, 2017 2:57 pm

George Steuart Health partners with Celltrion Healthcare to launch first ever Biosimilar in Sri Lanka

George Steuart Health recently launched the world’s first biosimilar known as Remsima (Infliximab), approved by the United States Food and Drug Administration and the European Medicines Agency. The launch was held at the Cinnamon Grand Colombo recently and was attended by key opinion leaders representing vital segments of the medical industry including Rheumatology, Gastroenterology and…

(0)Comments | April 4, 2017 12:05 pm

Sri Lankan shares hit more than 3-wk closing high

Reuters – Sri Lankan shares closed at their highest in more than three weeks on Monday, rising for a fifth straight session as foreign buying boosted sentiment while block deals pushed the day’s turnover, stockbrokers said. The Colombo stock index ended 0.3 percent firmer at 6,080.01, its highest close since March 10. The index rose…

(0)Comments | April 4, 2017 10:23 am

President opens dairy products factory in Mirigama

President Maithripala Sirisena opened the newly built Kotmale dairy products factory in Mirigama yesterday (3rd April). The production complex was built by the Cargills (Ceylon) PLC by infusing a huge investment into the local dairy industry. Ministers Arjuna Ranatunga, P. Harrison, the Chairman of Cargills, Louis R Page, and Deputy Chairman Ranjit Page also participated.

(0)Comments | April 4, 2017 10:18 am

Finance Minister meets Malaysian Prime Minister

Minister of Finance Ravi Karunanayake is in New Delhi to participate in the sub regional Economic Cooperation Summit of South Asia, which was inaugurated in New Delhi yesterday (3rd April). Several issues with regard to economic affairs of SAARC nations are scheduled to be discussed at this summit. The summit will also discuss challenges faced…

(0)Comments | April 4, 2017 9:18 am

Video Story

Stock Market

Exchange Rates

-->