When compared to the US dollar the Sri Lankan Rupee had appreciated by 0.45 percent during the first eight months of this year, says the Central Bank of Sri Lanka (CBSL). Meanwhile, from 01 January to 18 August 2014 the Sri Lankan Rupee has appreciated 3.50 percent as compared to the Euro and 2.62 percent…
Like it or not, 3D printing technology, seen by some as simply a trend, is apparently here to stay. Some sectors, like the plastics industries, are already jumping into 3D printing reasearch and development with both feet. It appears auto-makers are also looking at how 3D printers can speed up development, design and ultimately production….
Colombo shares concluded the weekly operations with positive returns as All share price index gained mere 3.27 points (+0.05%) to end at 7,008.02 while 20 script S&P SL marginally gained 0.97 points (+0.03%) to end at 3,863.88. Core index gained 64.17 points whereas S&P SL index gained 42.90 points during the week. Price advancements in…
The opening of the floating market at Bastian Mawatha in the Pettah has been postponed due to the heavy rains and adverse weather conditions in and around Colombo. The floating market was scheduled to be ceremonially opened by Minister of Health Maithripala Sirisena this evening (22 August).
You’re on holiday but surreptitiously check your work emails the moment you wake up. You get anxious if there’s no wi-fi in the hotel or mobile phone signal up the mountain. You fret if your phone is getting low on power, and you secretly worry things will go wrong at work if you’re not there….
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…
Video Story
