The Colombo Stock Exchange has requested a root cause analysis from the System provider Iron One Technologies Pvt Limited regarding a disruption to the order management system provided to four Stockbroker firms during trading today (30), which resulted in trading difficulties to clients of these firms. System providers are an integral element of a technologically…
From the battlefield to the track and field of the Tokyo 2020 Paralympics, Dinesh Priyantha Herath has set a new World Record for the men’s javelin throw event with a record throw of 67.79 meters, making history as Sri Lanka’s first Paralympic Gold Medalist. A glorious feat from an ex-serviceman of the Sri Lankan Army,…
Many families are aware of the importance of early financial investment education. Once, you asked Emmanuel Rodriguez why there was no Nintendo console yet. The 7-year-old says he owns something better: Nintendo stock. The friend stared incredulously, but it was true. The boy holds Nintendo shares worth about $178. Emmanuel’s father, Sebastian Rodriguez, said: “This…
SLT-MOBITEL’s attention has been drawn to recent media reports citing its management of the Lankan Government Cloud (LGC) server and provision of services to the National Medicines Regulatory Authority (NMRA). Several media reports published have stated that NMRA data which included confidential information on the formulation of drugs and other supporting documents had been allegedly…
LOLC with its robust MSME-based (Micro, Small and Medium Enterprises business model is expanding its global footprint with three parallel investments being made in Tajikistan in Central Asia as well as Malawi and Tanzania in East Africa. LOLC enters Central Asia with its maiden investment in the region through the acquisition of a 75% stake…
The Colombo Stock Exchange (CSE) and University Canada West (UCW) jointly announce the signing of a Memorandum of Understanding (MoU) to formalize collaborative efforts directed at mutual development. The MoU is projected towards recognizing the common interests of the two organizations with a focus on collaborating in executive training opportunities and promoting future cooperation. The…
MILAN (Reuters) – Global dividends are forecast to rise to $1.39 trillion this year, up slightly from a previous estimate to reflect a stronger than expected recovery in the company payouts, Janus Henderson said in a report published on Monday. Its latest estimate, up 2.2 percentage points from an earlier one, is just 3% below…
The Covid crisis is an opportunity to rethink to build back better business relations which ensure mutual benefits for Sri Lanka and Maldives. This was stressed at a meeting held on 26 August, 2021 between officials of the Sri Lanka High Commission in Maldives and the Maldives National Chamber of Commerce and Industry. The prime…
Asia Capital accepts resignation of Reyhan Morris, Sandun Hettige subject to an Independent Audit Two Joint Chief Operating Officers Reyhan Morris & Sandun Hettige at Sri Lanka’s pioneering investment bank Asia Capital PLC has submitted resignations despite an upcoming internal independent audit, two resignation letters accepted by the company reveals. Accordingly, in the letters dated…
SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld alliance, elaborates on the efficacy of the health and safety measures that are put in place throughout its passenger journey with the intention of ensuring maximum safety and wellbeing for its valued passengers and crew alike. In the onset, International Air…
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