Reuters – Sri Lankan stocks ended firmer on Friday, moving further away from a near 10-month low, as investors picked up beaten down shares, including beverages and diversified counters. Political instability and a rise in interest rates however capped gains, brokers said. The Colombo stock index ended 0.12 percent higher at 6,137.70, further moving away…
Hemas together with the GAC Group Sri Lanka are to build a modern integrated logistics facility in the Muthurajawela Industrial Zone, with a state-of-the-art distribution centre, container yard and a warehouse facility that spreads across 15 acres. It is the pioneering initiative of the first phase of the Logistics City, designed with the objective of…
Jaffna International Trade Fair (JITF 2017), the largest Consumer Exhibition and Trade Fair in the fast-growing northern region of Sri Lanka, opened today, 27th January and will go on till the 29th of January 2017 for the 8th consecutive year. All arrangements are in place to make it a great success for private and public…
66% growth in dividends and Regional Expansion Plans for long term growth Colombo, 25th January 2017… The Teejay Group who recently went through a rebranding process which consolidated its operations in Sri Lanka and the region under the single brand ‘Teejay,’ , announced a strong revenue growth of 33 percent over the nine months ended…
The Ministry of Finance will hold the eleventh Forum of the “Ease of Doing Business” today27January2017 at 2.00 pm at the 4th Floor Auditorium of MILODA, Academy of Financial Studies, (Old Times Building), Sir Razik Fareed Mawatha, Colombo-01. Ease of Doing business, a special forum held by the Finance Ministry under the patronage of Minister…
Reuters – Sri Lankan stocks recovered from a near-10-month low to end slightly firmer on Thursday as investors bought large-cap shares while concerns over political instability and the rally in interest rates weighed on market sentiment. The Colombo stock index ended up 0.05 percent at 6,130.05. In the previous session, it hit 6,127.08, its lowest…
The Ceylon Chamber of Commerce, which is the premier Business Chamber in the country will take part in the 08th Jaffna International Trade Fair, which commences on Friday, 27th January, 2016. The Chamber will showcase the range of business services that it offers to the business community at this 3-day fair, which will be held…
A total of 53 students graduated recently as Chartered Tax Advisors at the 2017 Tax Convocation organization by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), which was held under patronage of the Commissioner General of Inland Revenue Ms. Kalyani Dahanayake. Addressing the graduates, Ms. Dahanayake said that tax advisors play an…
Sail Lanka Charter hosted Prime Minister Ranil Wickremasinghe and his wife on-board their 53ft sailing catamaran, Sapphire, during the Fairway Galle Literary Festival. The impressive vessel reflects local indigenous talent, as it was built in Sri Lanka using local materials. Established in 2014 as part of the Sri Lanka Yachting Group, Sail Lanka Charter is…
Reuters – Sri Lankan stocks fell for a third straight session on Wednesday to close at their lowest in nearly 10 months, dragged down by beverages and banking shares, as concerns over rising interest rates and ongoing political instability weighed on sentiment. Selling by foreign investors in Nestle Lanka boosted turnover, traders said. The Colombo…
Video Story
