The first ever Sri Lanka Vietnam official trade mechanism went live in Hanoi on 21 August. And the new mechanism, according to the Vietnamese side, is the practical way for bigger trade cooperation in the form of an Agreement. “Today’s new beginning will open many new opportunities for both countries. I am fully convinced that…
Colombo equity market ended on a positive note where both indices witnessed marginal returns. Main index crossed 7,000 mark and earned 4.78 index points or 0.07% to closed at 7,004.75. This is the first time after 3 years the core index crossed & closed beyond 7,000 mark. S&P SL20 index gained 0.30 index points or…
The Colombo Stock Exchange’s (CSE) All Share Price Index (ASPI) crossed the 7000 mark today (21) closing at 7,004.75 points. This is the first instance after 3 years the ASPI crossed 7000 points since closing on 7,030.85 points on August 18th, 2011. Within the course of 2014, there have been five Equity IPOs, an Equity…
Asia Capital PLC has carried out a private placement of shares to Yoshimichi Watanabe and Eiji Watanabe. The number of shares allotted is 21,329,995 at Rs. 18 per share and the amount raised is Rs. 383,939,910.
Samson International PLC has decided to issue bonus shares in the proportion of one ordinary share to each ordinary 10 shares held by way of a capitalization of reserves to mark the Silver Jubilee of the company. The number of shares to be issued is 384,797 at Rs. 10 per share. The current stated capital…
Google owns search — to the point that its name has even become synonymous with the verb “search.” Part of the reason Google (GOOGL, Tech30) has held the search crown for the better part of a decade is that it constantly improves its product. It has successfully adapted to the changes in technology and the…
Colombo bourse retained the optimistic momentum on Wednesday to close in positive territory. All share price index closed at 6,999.97 with a gain of 18.51 points or 0.27% while S&P SL 20 index gained 14.11 points or 0.37% to end at 3,862.61. Main index gained 186.07 points so far in this month. The gains were…
The Central Bank launched a robust Communication Programme in the USA with the engagement of the Thompson Advisory Group LLC (TAG), from March 2013 to June 2014, and the subsequent engagement of the Liberty International Group LLC from August 2014 onwards. The Communication Programme has been fashioned to create and maintain a conducive political and…
India has no issues over China entering Sri Lankan markets. India too has China entering its markets. So there is no need for India to see China as a hostile power, said India’s Janatha Party leader and a leading member of the ruling Bharathiya Janatha Party, Dr. Subramanian Swamy while speaking to Adaderana. Dr. Swamy…
Minister of External Affairs Prof G.L. Peiris presented a token of appreciation to Hayleys Group Chairman Mohan Pandithage in appreciation of over 40 years of service to the shipping sector at the 48th Annual General Meeting of the Ceylon Association of Ships’ Agents held recently. Photo caption: Prof G.L. Peiris presenting the token of appreciation…
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