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Fri, 19 Apr 2024 Today's Paper
09 Feb 2024 - 0 - 74
Vidullanka PLC reported earnings of Rs. 1,057 million from revenue of Rs. 4.3 billion during the nine months ended on 31 December 2023. The company’s
09 Feb 2024 - 1 - 360
The sharper fall in bill yields in last couple of weeks, and specially the plunge seen at this week’s primary auction has sparked concerns.
07 Feb 2024 - 0 - 701
Consumer food manufacturers are experiencing a gradual increase in profit margins as raw material and ingredient prices decline...
07 Feb 2024 - 0 - 146
Porcelain and ceramic manufacturer, Royal Ceramics Lanka PLC Group (RCL) saw its revenue for the quarter ended ...
07 Feb 2024 - 0 - 158
Consumer spending has increased in recent times due to easing inflation and interest rates. However, spending on discretionary...
06 Feb 2024 - 0 - 99
The Securities and Exchange Commission (SEC), the regulator of the capital market, has introduced a system to report instances of misconduct on social media that could potentially affect the Colombo Stock Exchange. With the rapid evolution of communication channels and the increase of social media influence in the financial markets, the SEC said it has recognised the need for proactive measures to identify and address the potential social media w
06 Feb 2024 - 0 - 251
Singer Sri Lanka PLC reported some solid top and bottom line performances in the three months ended in December 2023, as the company saw the demand for many of its consumer durable product lines returning quite strongly while the softening interest rates helped the company to lower its finance cost. Singer Sri Lanka, the country’s largest consumer durables retailer, reported revenues of Rs.26.77 billion in the October-December quarter, the compan
06 Feb 2024 - 0 - 110
Diversified conglomerate CIC Holdings PLC, for the quarter ended on December 31, 2023 (3Q24), saw its revenue expand 30.4 percent year-on-year (YoY) to Rs.25.36 billion. In the corresponding period (3Q23), the company reported a revenue of Rs.19.45 billion. The entity has its roots deeply embedded in the agriculture and livestock industries. The segment-wise analysis shows that the revenues of crop solutions, agri produce and health and personal
02 Feb 2024 - 0 - 112
The captioned units of the CAL Five Year Optimum Fund were officially listed on the Colombo Stock Exchange (CSE) yesterday (1 February). Accordingly, 193,904,428 units of the fund were listed by way of an Introduction. This is the first unit listing in over a decade, warra
02 Feb 2024 - 0 - 246
Premier blue chip John Keells Holdings PLC (JKH) reported strong performance for the third quarter of financial year 2024 (3Q24), with all industry groups recording a growth in profits. For the quarter en
28 Dec 2020 - 0 - 447
A total of 366 individuals have tested positive for Covid-19 so far today, the Government Information Department said.
06 Apr 2016 - 0 - 18094
United Motors Lanka PLC, the local distributor for Valvoline, was awarded for the highest sales volume in 2014/15 for the second consecutive year at the recently concluded Valvoline South East Asia Conference in Hong Kong Valvoline, a business of Ashland Inc., has been providing premium automotive lubricants, industrial lubricants and vehicle appearance products in more than 160 countries across the globe for more than 150 years and is the first
20 Jul 2015 - 0 - 18802
The return of oil from Iran following he landmark nuclear energy deal with world powers could create fresh...
29 Jun 2015 - 0 - 20646
TVS Lanka, the automotive company in the country specializing motor cycles,...
24 Nov 2014 - 0 - 19148
The the “Tourmaline Lanka” magazine, a publication that focuses solely on fascinating world of gem and jewelery was launched recently.“It is our aim to publish the Tourmaline Lanka magazine i n both English and Chinese, and furthermore Spanish, Japanese, Russian and French in order to market the Sri Lankan gem industry to the international arena by promoting and selling it at all the main International Gem & Jewelry Exhib
24 Oct 2014 - 0 - 17982
Capital market regulator, the Securities and Exchange Commission (SEC) is seeking public opinion and comments in order to set up an association to represent minority investors of Colombo Stock Exchange (CSE) listed entities.To this effect, SEC has published a public consultation paper seeking direction to kick start such an initiative and also requested alternative approaches to do so.The objective in establishing a minority investors&r
11 Oct 2014 - 0 - 20413
In keeping with the Government’s ICT policy, the Department of Pensions has launched a Digital Identity Card for Pensioners in partnership with Sampath Bank, a pioneer in technological innovations and one of the key stakeholders in the banking industry that uses state of the art digital technology in providing banking services to its customers.
23 Sep 2014 - 0 - 15337
The Board of Investment of Sri Lanka recently engaged in investment promotion at an important event held in Tel Aviv, Israel.
04 Aug 2014 - 1 - 21514
Commercial Credit & Finance PLC has acquired the control of Trade Finance & Investment PLC, a company controlled by the Cooray family, owners of Jetwing Group.
01 Aug 2014 - 0 - 18519
Ceylon Asset Management launches ‘Ceylon Dollar Bond Fund’ to attract foreign investments into Sri Lanka dollar bonds. In a giant step to internationalize the investment industry in Sri Lanka, which has thus far been restricted to rupee investments, the Securities & Exchange Commission (SEC) licensed the country’s first ever dollar denominated unit trust with the approval of Central Bank and Ministry of Finance.
09 Jul 2014 - 0 - 20798
High net worth investor Ajith Devasurendra led Tabrobane Holdings yesterday bought a 9.1 percent stake in Pan Asia Banking Corporation PLC (PABC), of which business leader Dhammika Perera is the main shareholder
08 Jul 2014 - 0 - 18540
The main index of the Colombo Stock Exchange, the All Share Price Index (ASPI) today crossed the 6,500 point mark, at the close of trading, for the first time since October 2011.
14 May 2014 - 0 - 23888
A fraud amounting to approximately Rs.172 million has been detected at Sierra Cables PLC, a unit of Sierra Holdings, the company informed the Colombo Stock Exchange yesterday
12 May 2014 - 0 - 21674
SG Holdings Global Plc Ltd, the overseas arm of SG Holdings of Japan which bought 30 percent stake in Expolanka Holdings PLC in a Rs.6.2 billion deal last Friday, has made a mandatory offer to acquire remaining Expolanka shares at Rs.10.70 per share
28 Apr 2014 - 0 - 24216
Vajira Kulatilaka who has been a Colombo Stock Exchange (CSE) board member since October 2009, will succeed Krishan Balendra as the new Chairman of CSE from June 5
23 Apr 2014 - 0 - 31351
Start-ups play a vital role in a country’s economy, filling in niches and creating employment. In developing economies such as Sri Lanka, entrepreneurship is often viewed as an important component in stimulating economic growth, innovation and competitiveness.
21 Jan 2014 - 0 - 26133
Sri Lanka’s capital market watchdog, the Securities and Exchange Commission (SEC), urged all public listed companies to appoint an officer for the purpose of monitoring the particular company’s compliance with the SEC regulations.
06 Jan 2014 - 0 - 26915
Several struggling stock brokers have written to the Colombo Stock Exchange (CSE) requesting permission to temporarily halt their operations mainly due to low activity levels in the bourse, Mirror Business learns.
06 Jan 2014 - 0 - 28618
06 Jan 2014 - 0 - 28095
Nearly two and a half years into setting up of a stock broking arm in Sri Lanka, India’s diversified financial services group, India Infoline Limited (IIFL) is to sell its entire stake to exit the Lankan operations, according to a top company executive.
18 Apr 2024