We don’t want to see companies getting delisted: Securities Regulator
Apr 07, 2016 (LBO) – Sri Lanka’s securities regulator has invited listed companies to send their suggestions on the minimum public float rule as they seem …
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Prime Minister and delegation in China to enhance bilateral relations
April 07, 2016 (LBO) - Sri Lankan Prime Minister Ranil Wickremesinghe left for an official visit to China on Wednesday, the Foreign Ministry said. This is …
S&P and CSE Sector and Industry Group Indices launched
Apr 06, 2016 (LBO) – S&P Dow Jones Indices, one of the world’s leading index providers, and the Colombo Stock Exchange today jointly announced the …
Sri Lanka govt approves compensation for Rathupaswala victims
Apr 06, 2016 (LBO) - President Maithripala Sirisena has given his approval to provide 4.68 million rupees as compensation for 33 victims of Rathupaswala …
Carl Cruz assumes duties as Chairman of Unilever Sri Lanka
With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the helm from his predecessor, Shazia Syed who has …
Sri Lanka on cusp of growth, say officials at Singapore Investment Summit
Highlights - Agreement with IMF possible mid April: Governor Central Bank - GDP growth seen at 6.5 pct, budget deficit at 5.9 pct vs 6.0: Governor - USD10 mln …
CSE Rings Bell for Gender Equality
The CSE recently joined the Sri Lanka Institute of Directors (SLID), IFC – a member of the World Bank Group, UN Global Compact, UN Women, the World …
Sri Lanka’s stock exchange launches educational web portal
Mar 03, 2016 (LBO) – the Colombo Stock Exchange on Thursday officially launched its online educational portal with the aim of improving skills and knowledge …
Singer Sri Lanka to raise Rs2bn in listed debt
Mar 02, 2016 (LBO) – Singer Sri Lanka said it is planning to raise as much as 2 billion rupees from a sale of debentures which will be quoted on the Colombo …
The Body Shop launches in Sri Lanka
Mar 01, 2016 (LBO) - The well-known British Cosmetics company, The Body Shop, has finally set foot in our paradise isle. “Gone are the days of relying on …
Seylan Bank net profit up 24.4 percent for full year
Feb 29, 2016 (LBO) - Seylan Bank reported a reported a record profit after tax of 3,831 million rupees for the year ended 31st December 2015, up 24.4 percent …
Popular international stocks take a beating, say analysts
Feb 29, 2016 (LBO) - Popular stocks are taking a beating this year due to redemptions by sovereign and wealth funds, analysts say. These companies are victims …
SEC reconsiders minimum public float rule: CSE
Feb 25, 2016 (LBO) – Sri Lanka’s securities regulator is reconsidering the minimum public float rule as the intention of introducing such rule was not met, …
Sri Lanka’s Orient Finance IPO backed by Janashakthi
Feb 18, 2016 (LBO) – Sri Lanka's Orient Finance initial public offering was backed by Janashakthi Insurance given the trying market conditions for raising …
Norges Bank increases shareholding in Dialog Axiata
Feb 17, 2016 (LBO) - Norges Bank has increased its shareholding in Dialog Axiata PLC to 63. online pharmacy buy rybelsus with best prices today in the USA 7 …
New capital adequacy requirements for stockbrokers: CSE
Feb 16, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) is in the process of implementing a Risk-based Capital Adequacy Requirement (CAR) for …
China stocks open lower with equities in bear market
Feb 15, 2016 (LBO) - China’s stocks opened 1.9 percent lower after a week-long holiday during which global equities entered a bear market. The yuan gained …
Bharti Airtel in talks to merge Sri Lanka unit with Dialog Axiata
Feb 15, 2016 (LBO) - Bharti Airtel is believed to be in talks to merge its wholly-owned Sri Lanka unit with Dialog Axiata in a likely share-swap deal, two …
Janashakthi Insurance completes amalgamation with AIA general
Jan 31, 2016 (LBO) Sri Lanka’s Janashakthi Insurance said it has now successfully completed the amalgamation process of Janashakthi General Insurance and AIA …
John Keells Holdings 9-month net up 6-pct, 3Q net down
Jan 29, 2016 (LBO) - Sri Lanka's diversified John Keells Holdings said group net profit grew six percent in the nine months to December despite a weaker …