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All Share Price Index drop below 6,000 points
The All Share Price Index at the Colombo Stock Market dropped below 6,000 points this morning (08 March). It is noteworthy that this is the first time that such a drop of below 6,000 units has been...
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Hafele Showcase Product Range At Exclusive Gathering
The international leader in German Hardware Technologies, Häfele who launched their largest state-of-the-art Design Centre in the country in Colombo 4 recently, held a reception whereby their invitees...
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Capital Gains Tax fears drive ASPI to below 6,000 points
~ Stock Market drops by 13.7 per cent during this year With reports that a Capital Gains Tax is to be imposed on share transactions, the daily trading at the Colombo Stock Market dropped to an...
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Altair presents investment potential at networking event in Dubai
Strong investor interest in Sri Lanka is heightened further by exciting property development projects in Colombo, Altair, the city’s fast-rising twin-tower luxury condominium reports following a...
View ArticleIntel Transforms the Workplace with Latest 6th Generation Intel® Core™ vPro™...
Intel Corporation recently announced the availability of its 6th Generation Intel® Core™ vPro™ processor family for the modern workforce. The latest iteration of Intel Core vPro processors addresses...
View ArticleElephant House and Keells Foods sponsor 137th ‘Battle of the Blues’
Elephant House and Keells Foods has signed up once more as the official food and beverage sponsor for the most famous of all of Sri Lanka’s ‘big matches’, the Royal- Thomian “Battle of the Blues”...
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Derana’s CSR project Manusath Derana wins prestigious JASTECA Gold award for...
Derana’s CSR project Manusath Derana won the prestigious JASTECA Gold award for Corporate Social Responsibility at the awards ceremony held at Hotel Galadari recently. His Excellency, Kenichi Suganuma,...
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Colombo stock market shares down by 100 points today too
The All Share Price Index (ASPI) at the Colombo Stock Market dropped by more than 100 points today as well (09 March). This drop was recorded by 10.41 am today, within around one hour and 21 minutes...
View ArticleCeylinco Insurance Posts a Consolidated After Tax Profit Of Rs.3.8 Billion
Insurance Sector Profit grows by 43%, as Consolidated Profit increases by 33% Marking another remarkable year, the Ceylinco Insurance sector recorded a mammoth after tax profit of Rs.3.1 billion, for...
View ArticleDeputy PM Somkid on visit to Sri Lanka
Deputy Prime Minister of Thailand Somkid Jatusripitak is in Sri Lanka to strengthen bilateral relations and expand cooperation between the two countries. On this trip, Mr Somkid is accompanied by...
View ArticlePrima Kottu Mee and Prima Treats to spice up 137th “Battle of the Blues”
Prima Kottu Mee and Prima Treats are two products that have always been popular among the younger generations. Therefore both Prima Kottu Mee and Prima Treats have decided to join together in order to...
View ArticleCanada and Sri Lanka signed memorandum on UNITERRA
The Canadian Assistant Deputy Minister for Global Affairs Susan Gregson, and the Director General, Ministry of National Policies and Economic Affairs Priyantha Rathnayake recently signed a memorandum...
View ArticleUNESCO official patron of FIVA’s World Motoring Heritage year 2016
The Classic Car Club of Ceylon, the accredited Country Representative in Sri Lanka of the Federation Internationale Vehicules Anciens (FIVA) is pleased to announce that UNESCO has granted its official...
View ArticleSeylan not in merger talks
In a release to the CSE on 8th March 2016, Seylan Bank stated that the Bank is not engaged in merger talks with National Development Bank PLC or any other entity at present. Seylan Bank has, over the...
View ArticleCentral Bank rejects Treasury Bill auction bids
The Central Bank of Sri Lanka (CBSL) decided to reject the bids received for the Rs. 20,000 Treasury Bill auctions held today (09 March). Market sources had earlier stated that under a situation where...
View ArticleEPSI Technology partners with MyDeal.lk and MyStore.lk to resell online
EPSI Technology (Pvt) Ltd. recently partnered with leading e-Commerce platforms, MyDeal.lk and MyStore.lk, to resell an array of IT products. Through this partnership, MyDeal.lk and MyStore.lk will...
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Asiri Laboratories to expand its footprint
Having reached the pinnacle of popularity and reliability in the country for over 30 years, Asiri Laboratory Services is proud to announce its latest plans to further expand its footprint this year...
View ArticleState Minister Niroshan Perera left for China
State Minister of National Policies and Economic Affairs Niroshan Perera yesterday (09) left for China for an official visit accepting an invitation from the Chinese Government. During his visit...
View ArticlePrivate sector must take over leadership of country’s economy – Dharma...
The development of the monetary sector of a country means the development of that country. Similarly, we always stress that the private sector should lead the country’s economy. As the largest private...
View ArticleFitch Downgrades Ceylon Dollar Bond Fund Following Sovereign Downgrade
Fitch Ratings has downgraded Ceylon Dollar Bond Fund’s Fund Credit Quality Rating to ‘B+’ from ‘BB-’ and affirmed the Fund Volatility Rating at ‘V5′. The rating action follows Fitch’s downgrade of Sri...
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