Sri Lanka shares end little changed; turnover slumps
Nov 25, 2016 (Reuters) – Sri Lankan shares ended little changed on Friday, hovering near eight-month lows, while turnover slumped as investors kept to the …
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Anthony Shanil Fernando appointed to the CSE Board
(PRESS RELEASE) - The Colombo Stock Exchange (CSE) announces the appointment of Mr. Anthony M. Shanil Fernando as a Director of the CSE Board. Mr. Fernando, …
Chartered accountants to adopt new code to combat crimes
Nov 25, 2016 (LBO) - The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has decided to adopt the “Responding to Non Compliance with Laws and …
Sri Lanka poised for a shopping spree, basic goods drive demand
Nov 23, 2016 (LBO) - Sri Lankans still demand basic products such as refrigerators and washing machines due to the country’s low penetration levels …
Virtusa announces USD210 mln Q2 revenue, up 46.9 pct
Nov 22, 2016 (LBO) - Virtusa Corporation, a global business consulting and IT outsourcing company, with Sri Lankan founders, reported revenue for the second …
CA Sri Lanka to implement new Audit Report from March 2018
Nov 17, 2016 (LBO) – Institute of Chartered Accountants of Sri Lanka is to implement the new Audit Report from March 2018, in keeping with its continuing …
Access Engineering PLC opens trading at CSE
(PRESS RELEASE) - Access Engineering PLC (Access)rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) today. The Bell Ringing ceremony …
Janashakthi reports Profit Before Tax of Rs.894 million in nine months ended 30th September
(PRESS RELEASE) - Janashakthi Insurance PLC (Janashakthi) reported a consolidated Profit Before Tax (PBT) of Rs.894 million for the nine months ended …
Sri Lankan market crowded, Asian telcos under pressure in 2017: Fitch
Nov 15, 2016 (LBO) - Sri Lanka continues to be a crowded market with five operators serving a population of 21 million and set for consolidation, Fitch Ratings …
Sri Lanka budget promotes inclusive growth: Lanka Securities
Nov 15, 2016 (LBO) - Sri Lanka's budget 2017 promotes inclusive growth with an emphasis on education, infrastructure, SMEs and incentives for business, …
Sri Lanka to list Mobitel, Hyatt other state enterprises: Budget 2017
Nov 10, 2016 (LBO) - Sri Lanka's Finance Minister Ravi Karunanayake said several state-owned enterprises such as Mobitel, Hyatt, Waters Edge, Grand Oriental …
Nestlé Lanka’s growth at 6.1-pct in first nine months of 2016
(PRESS RELEASE) Nestlé Lanka’s growth at 6.1 % in first nine months of 2016 Sales of Rs.27.8 billion with 6.1% growth Net Profit ofRs. 3.5 billion Focuses …
GAAM: Net inflow of Rs534 mln for the week
The Guardian Acuity Asset Management weekly report can be downloaded
Ceylon Chamber concerned over pharma product pricing
Nov 07, 2016 (LBO) - The Ceylon Chamber of Commerce has expressed concerns about fixed prices on medicinal drugs announced by Government Gazette. "Sri Lanka …
Smart reforms could improve Sri Lanka’s exports: World Bank
Nov 07, 2016 (LBO) - Sri Lanka could grow it exports by encouraging resources to more productive firms through managing urbanization and fostering …
Haycarb records turnover of Rs.5.9Bn and PBT of Rs.458Mn for 1H 2016/17
(PRESS RELEASE) - The Sri Lankan multinational Haycarb PLC reported a revenue of Rs. 5.9 billion and profit before tax of Rs.buy xifaxan online buy xifaxan …
Sri Lankan shares hit fresh 3-mth closing low ahead of budget
Nov 01, 2016 (Reuters) – Sri Lankan shares extended losses for a third straight session to close Tuesday at a fresh three-month low as investors shrugged off …
Excerpts of Sri Lanka COPE recommendations on bond issue
Oct 31, 2016 (LBO) - Sri Lanka's Committee on Public Enterprises has made several recommendations to Parliament on last year's controversial bond issue. online …
Sri Lanka’s ‘doing business’ rank down one notch to 110: World Bank
Oct 27, 2016 (LBO) – The World Bank says Sri Lanka has dropped one place in the "Doing Business " rank to 110, over the past year, but the island has made …