Colombo bourse edged up on Tuesday ahead of the parliamentary decision on the 19th Amendment to the constitution. All Shares Price Index gained 9.30 points or 0.13% to end at 7,134.43 while 20-script S&P SL index marginally gained by 5.47 points (+0.14%) to end at 4,026.26. Price appreciation in counters such as Distilleries (closed at…
The Chairman of the Colombo Stock Exchange (CSE) was unanimously elected as the Chairman of the South Asian Federation of Exchanges (SAFE) at the Annual General Meeting of SAFE concluded on April 26th, 2015. Accordingly, the CSE Chairman Mr. Vajira Kulatilaka succeeds Dr. Muhammad Abdul Mazid as the Chairman of SAFE for a two year…
Emirates is further enhancing the entertainment experience for Economy Class travellers with the launch of new, redesigned headsets for its award-winning ice entertainment system in Economy Class. From the end of June, all Emirates A380 aircraft will be equipped with new headsets, with plans to roll out the headsets on the Boeing 777 fleet later…
Colombo equities started the weekly activities on Monday with negative returns amid political uncertainties affecting investor sentiment. The benchmark All Share Price index declined marginally by 4.66 points or 0.07% to end at 7,125.12 while S&P SL 20 index marginally lost 2.47 points (-0.06%) to end at 4,020.79. The losses were driven by price depreciations…
The South Asian Investment Conference (SAIC) organised by the Colombo Stock Exchange (CSE) in association with the South Asian Federation of Exchanges (SAFE), took place today (27th April) at the Galadari Hotel, Colombo. The Minister of Finance Ravi Karunanayake, the Deputy Minister of Policy Planning, Economic Affairs, Child, Youth and Cultural Affairs Dr. Harsha De…
With the Lankan Angel Network having already raised US$ 5 million in funding for 20 startups across a number of industries vital to Sri Lanka’s future, there was no better time for the recent launch of the new Lankan Angel Network Incubation Centre for startups. Providing much-needed support services for fledgling ventures, while also being…
Dr. Ali Asger Shabbir Gulamhusein and Ajita Mahesh Pasqual have been appointed Executive Directors of PCH Hildings PLC while Dinesh P. Renganathan has been appointed an Independent Non Executive Director with immediate effect. Meanwgile, Dr. Lawrence Fritsgerald Adams has resigned as Chairman also with immediate effect but would remain as an Executive Director while Ajita…
The Ceylon Chamber of Commerce has the concept of Nation 1st; Private Sector 2nd; and Companies 3rd at the heart of all its policies, advocacy and activities. Uplifting the quality of life of all the people of Sri Lanka is, therefore, an over-riding objective. This is based on the premise that what is good for…
Turkish Navy frigate TCG Gediz will arrive at Colombo Port on Sunday, 26 April 2015. The goodwill visit of the ship from April 26 to 28 to Sri Lanka is part of the commemoration activities of the 125th anniversary of the voyage of Frigate Ertuğrul to Japan. During its 122-day mission which started on April…
Bringing into focus the diverse trade opportunities that exist between India and Sri Lanka, the ninth Indian Trade Fair will open on Thursday 07 May 2015 at the Sri Lanka Exhibition and Convention Centre, Colombo. Organised by MP Events Lanka and partnered by PHD Chamber of Commerce and Industry, India, it will continue until Saturday…
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