EconomicsMarket Teejay optimistic with capacity expansion despite challenging Q1 publisherAugust 13, 2023 August 13, 2023 Teejay Lanka PLC has begun 2023-24 with a strong balance sheet, closing an extremely challenging first quarter with cash and cash eq...
EconomicsMarket PA calls for urgent facilitation of crop diversification after sharp price reductions in tea and rubber publisherAugust 7, 2023 August 7, 2023 The Planter’ Association of Ceylon (PA) renewed calls for urgent action from policymakers to greenlight diversification into more lu...
EconomicsMarket The CSE expands to the Eastern Province – opens a branch office in Batticaloa publisherJuly 20, 2023 July 20, 2023 The Batticaloa branch of the Colombo Stock Exchange (CSE) was opened by the CSE Chairman, Mr. Dilshan Wirasekera, on the 17th of Jul...
EconomicsMarket Watawala Plantations accelerates digital transformation with cloud-backed enterprise tech solutions. publisherJuly 18, 2023 August 16, 2023 Implements SAP Business One ERP solution and plantation digitization product iHarvest Further accelerating digital transformation ca...
EconomicsMarket Chamber of Young Lankan Entrepreneurs (COYLE) Proposes Concrete Measures to Propel Sri Lanka’s Economic Growth publisherJuly 17, 2023 July 17, 2023 In a groundbreaking move to ignite positive change and enhance Sri Lanka’s economic standing, the Chamber of Young Lankan Entreprene...
EconomicsMarket CSE joins “Adopt an Ambulance” initiative of Suwa Seriya, supporting Sri Lanka’s healthcare system publisherJuly 6, 2023 July 6, 2023 The Colombo Stock Exchange (CSE) has facilitated the adoption of two ambulances for the 1990 Suwa Seriya Foundation. This is in resp...
EconomicsMarket CSE to conduct a full day of trading from the Disaster Recovery site publisherJune 22, 2023 June 22, 2023 The Colombo Stock Exchange (CSE) is to conduct a planned full day of trading from the Disaster Recovery site using Automated Trading...
EconomicsMarket Constituent Change in the S&P Sri Lanka 20 Index publisherJune 20, 2023 June 20, 2023 The Colombo Stock Exchange (CSE) announces the following change in S&P Sri Lanka 20 index constituents made by S&P Dow Jones...
EconomicsMarket Talawakelle Tea Estates PLC Wins Gold at AIRA 2022 and ASRA 2022 for Good Governance and Sustainability Practices publisherJune 15, 2023 June 15, 2023 Highlights the plantation company’s steadfast commitment to ESG Brings global recognition to Sri Lanka’s critical tea export i...
EconomicsMarket Hemas Further Strengthens Presence in Consumer Brands Space, Acquires Remaining Stake in Atlas publisherJune 15, 2023 June 15, 2023 Colombo, Sri Lanka: Hemas recently announced the acquisition of a 24.9% stake of Atlas Axillia Company (Private) Ltd, for a total co...
EconomicsMarket The SEC and CSE continue their stock market awareness initiative by hosting an investor forum in Ampara publisherJune 5, 2023 June 5, 2023 The Securities and Exchange Commission of Sri Lanka (SEC) and Colombo Stock Exchange (CSE) successfully conducted another investor f...
EconomicsMarket Damro revived Agalawatte Plantations in verdant start to 2023 publisherMay 31, 2023 May 31, 2023 Q1 Revenue grows 49.7% to Rs 1.489 billion Pre-tax profit up 44.6% to Rs 417.2 million Major investments in replanting of rubber and...