EconomicsMarket The Colombo Stock Exchange Completes its 35th Year publisherDecember 9, 2020 December 9, 2020 The licensed operator of the Sri Lankan stock market, the Colombo Stock Exchange (CSE) marks a historic milestone today as it comple...
EconomicsMarket Landmark Judgement vindicates stand barring foreign brokers publisherDecember 9, 2020 December 9, 2020 Insurance industry wins major legal battle against unregistered foreign brokering concerns COLOMBO – The Civil Appellate High...
EconomicsMarket Asia Capital to broad base shareholding to match minimum public float publisherNovember 26, 2020 Leading and pioneering investment bank in Sri Lanka Asia Capital PLC (ACAP) will soon broad base the shareholding to be in complianc...
EconomicsMarket Sovereign Bond Opportunity is “too good to miss” says new Chairman of Ceylon Asset Management publisherNovember 24, 2020 November 24, 2020 The new Chairman of Ceylon Asset Management (CAM), Mr. Malaka Bandara highlighted “this is a rare opportunity to invest in SL Sovere...
EconomicsMarket MAGA constructs iconic Manning Market Complex in Peliyagoda publisherNovember 24, 2020 November 24, 2020 The iconic new Manning Market Complex in Peliyagoda was inaugurated on 20 November 2020 by the Hon. Prime Minister Mahinda Rajapaksa...
EconomicsMarket CSE welcomes progressive Budget 2021 Proposals Directed at Developing the Capital Market publisherNovember 18, 2020 November 18, 2020 The Colombo Stock Exchange (CSE) welcomes the progressive capital market related proposals presented to parliament by Hon. Prime min...
EconomicsMarket Resilient Sunshine sustains ‘new normal’ challenges to up 2Q revenue by 16% publisherNovember 17, 2020 1HFY21 Highlights Consolidated revenue of Rs. 11 billion, an increase of 9.3 % YoY PAT amounted to Rs. 1.3 billion, an increase of 3...
EconomicsMarket Is now a good time to invest in real estate? publisherNovember 14, 2020 November 14, 2020 – By Nayana Mawilmada, Sector Head, John Keells Properties Real estate in central Colombo has been inaccessible to a majority...
EconomicsMarket Teejay adapts to “new normal” to post net profit of Rs 631 million in Q2 publisherNovember 13, 2020 November 13, 2020 As the world continues to focus on flattening the curve in the COVID-19 pandemic, Teejay Lanka PLC has adapted to the “new normal” t...
EconomicsMarket Hayleys Plantations bags top 10 ranks at Tea Auction for Western High Grown Tea publisherNovember 12, 2020 November 12, 2020 The tea estates of Sri Lanka’s leading plantations company, Hayleys Plantations achieved another unprecedented milestone after the c...
EconomicsMarket Exports propel Hayleys to new heights; declares best ever six months publisherNovember 11, 2020 November 11, 2020 The Hayleys Group delivered a record profit in the first six months of FY 2020/21, with pre-tax profit nearly tripling to Rs. 5.52 b...
EconomicsMarket Investors respond positively as the stock market remained accessible amidst curfew publisherNovember 10, 2020 Stock Market Operations continued seamlessly with no interruptions between 26th October and 6th November 2020 amidst an environment...