The Securities and Exchange Commission (SEC) has carried out a study to assess the possibility of mandating the justification of the ‘fairness of the Initial Public Offering (IPO) offer price’ by an independent and competent party, an year-end review by the SEC noted.
Multiple cropping is not a new subject, although it is not popular in the plantation areas. It is the practice of growing two or more crops in the same space during a single growing season.
An obscure melon once cultivated by Buddhist monks in China to sweeten tea could give the US $ 8 billion U.S. diet soda industry a shot at winning back consumers concerned about artificial ingredients.
A few public policy issues have moved from the wings to centre stage as quickly and decisively as corporate governance. The regulators all over have made efforts in recent years to refine their views on how financial institutions should be organised and governed.
Sri Lanka’s National Program for Ethnic Harmony, the most active program in Sri Lanka working towards nurturing harmony between ethnic groups launched a program on Sinhala –Muslim harmony recently.
AFP: A furious anti-US backlash in India over the arrest and strip-search of one of its diplomats threatens to further scare off foreign investors already baulking at what they see as a hostile climate, analysts say.
The most recent probe on planet Mars by NASA reveals the existence of a dry lake that possibly held water thousands of years ago. Describing the findings as ‘extremely exciting’, a biologist when interviewed on.........
Following are excerpts of the speech made by Chamber of Construction Industry President Dr Surath Wickramasinghe during the launch of the Build Sri Lanka 2014 and the Construction Industry Trade and Business Directory 2014 /2015 at Hotel Taj Samudra.
The capital market regulator, Securities and Exchange Commission (SEC) has issued a directive amending the disclosure requirements on share dealings by directors of listed entities, and these new rules will come in to force from April 01, 2014.
Crude edged higher in Asian trade yesterday on supply concerns following escalating violence in oil-producer South Sudan, but gains were capped as dealers sat on the sidelines awaiting fresh leads after the festive season.
The luxury cruise liner MV Voyager called at Magam Ruhunupura Mahinda Rajapaksa Port (MRMRP) in Hambantota recently, creating history as the first cruise vessel to call at the port.
The Securities and Exchange Commission is expected to amend the listing rules pertaining to disclosures on director dealings, to chuck out some ambiguities that have fuelled late disclosures by some parties.
The Securities and Exchange Commission of Sri Lanka (SEC) as the regulator of the capital market of Sri Lanka is committed towards promoting, developing and maintaining a capital market that is fair, efficient, orderly and transparent.
Sri Lanka’s leading adventure company, Borderlands, will be marking its 10th year in the country by organizing the first ever planned circumnavigation of the island by kayak, with Mount Lavinia Hotel playing host to the inaugural paddle.
Tourist arrivals to the island grew only 2.8 percent in the month of November compared with the corresponding period of the previous year, the data released by the Sri Lanka Tourism showed
The buying program (QE3) following a meeting of its Federal Open Markets Committee (FOMC) last week. Its purchase of US bonds ($40 billion) and mortgage-backed securities ($35 billion) has been reduced by $10 billion from $85 billion to $75 billion a month.
The era of the closed economy of the left oriented state of 1970- 1977 saw only the domestic garments under the Brand names of Hentley, Maxim, Benhur and later the Duro products of Dasa Industries.
“Software is like rivers; the world has been transformed by software, flowing and connecting, much like the rivers that have acted as great connectors of society,” says premier Enterprise Resource Planning (ERP) solutions provider - SAP AG’s Executive Board Member (Products and Innovations), Dr. Vishal Sikka.
Having conducted three rounds of public consultations, capital market watchdog the Securities and Exchange Commission (SEC) last Friday issued a directive on minimum public float as a continuous listing requirement effective from January 01,2014.
General Motors (GM), America’s iconic automaker, has been one to stick to tradition, in typical Detroit fashion. Yet, it broke new ground recently when it announced the appointment of Mary Barra as its CEO – the first woman to head one of the world’s largest automakers.
Dipped Products PLC, the rubber glove manufacturer of Hayleys Group said it is investing in a new facility at the Biyagama BOI Zone, where commercial operations are expected to commence from mid April 2014.
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