Dr. Gokarn speaking on the occasion said currently he is observing economic activities in the Asian region and he selected Sri Lanka as the first stop of his observation tour. Executive Director of International Monetary Fund Dr. Subir Gokarn met Sri Lankan Minister of Finance Ravi Karunanayake on Jan.04 at the Finance Ministry premises. Dr.Subir…
Hatton National Bank PLC (HNB) opened trading on the Colombo Stock Exchange (CSE) yesterday (January 5). This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index. Managing Director / Chief Executive Officer Mr. Jonathan Alles, DGM – Credit & Transaction Banking Mrs. Ruvini Thenabadu, DGM…
~ High-level expo featuring leading Pakistani organisations from 15 sectors to be held from 15 to 17 January 2016 at the BMICH The Prime Minister of Pakistan Nawaz Sharif and the Prime Minister of Sri Lanka Ranil Wickremesinghe today (05 January) announced the ‘Pakistan Single Country Exhibition 2016,’ thereby boosting the long-standing commercial ties between…
As the New Year begins, the big question on all real estate professionals’ lips is: what will 2016 hold? Migration away from capital cities, infrastructure improvements and increased international interest from investors are just some of the expected developments for real estate markets within emerging nations, including Sri Lanka. 1. App focus Mobile is driving…
Colombo bourse continued its negative trend for the second consecutive day of the New Year. Investor participation was on the low side, while Dialog Axiata, being an exception, contributed to 60% of the daily market turnover. Benchmark index closed at 6,845.30, a decline of -22.32 index points or -0.33%, while the S&P SL20 index shed…
Wins Sector Award for Banking, leads all listed companies in total assets; placed second overall on PAT The Commercial Bank of Ceylon has topped the LMD 100 ranking of Sri Lanka’s leading listed companies in terms of Assets, taken second place overall on Profit After Tax (PAT) and fifth place overall on Turnover in the…
The ‘Sri Lanka Economic Forum 2016’ under Prime Minister Ranil Wickremesinghe will be held in Colombo from 07 to 08 January. Prime Minister Ranil Wickremesinghe’s plans for Sri Lanka to reach economic prosperity by 2023 are to be unveiled during this forum. Pioneer and chairman of ‘The Open Society’ and international investor George Soros, Nobel…
Trading of Entrust Securities PLC acquired by the Central Bank of Sri Lanka (CBSL) has been suspended by now. During a media conference yesterday (04 January) CBSL Governor Arjuna Mahendran said that there were complaints of various financial irregularities within the company and that the deadline for the company to submit its restructuring plans to…
In a fresh effort aimed at empowering the Small and Medium practitioners and enterprises in the South Asian region, the Institute of Chartered Accountants of Sri Lanka together with the International Federation of Accountants (IFAC) and the South Asian Federation of Accountants (SAFA), has organized a regional SMP Forum to help educate Small and Medium…
“Architect 2016 of SLIA” will take place on 16th February 2016 at the BMICH Colombo under the theme “Flows: Touching the Void”. The Sri Lanka Institute of Architects (SLIA) signed Memorandums of Understanding (MoUs) with Sponsors, who will power SLlA’s Architect 2016 – an event which comprises the Inauguration, the National Conference, Architect 2016, Members’…
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