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Jan 26, 2016 (LBO) - Orient Finance PLC's initial public offering had received applications for shares worth 986. buy premarin online …
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CCP by first quarter 2017: CSE Chairman
Jan 14, 2016 (LBO) – Sri Lanka’s Colombo Stock Exchange aims to establish the Central Counter Party (CCP) system, a new risk management system, by early …
Finance Ministry delays budget proposals on VAT & NBT
Jan 13, 2016 (LBO) – Sri Lanka’s Finance Ministry has suspended implementing the budget proposals on VAT and NBT until the relevant legislative enactments …
Sri Lanka’s Orient Finance to raise Rs1bn through IPO
Jan 06, 2016 (LBO) – Sri Lanka’s finance sector player Orient Finance is to raise one billion rupees by way of an Initial Public Offering. buy cenforce …
Sri Lanka Finlay’s get regulator nod for delisting
Dec 22, 2015 (LBO) – Finlay’s Sri Lanka unit, a blender and packager of tea exports has received the approval of the Securities and Exchange Commission to …
Sri Lanka well placed with end of war, new infrastructure: IMF’s Kvintradze
Dec 09, 2015 (LBO) - With the end of a war and recently built infrastructure, Sri Lanka businesses are well placed to benefit from new opportunities, Eteri …
Asiri Hospitals shows interest in buying Lanka Hospitals
Dec 07, 2015 (LBO) – Sri Lanka Softlogic‘s flagship hospital chain Asiri Hospitals Holdings Plc had shown interest in buying Lanka Hospitals stake, the …
Commercial Credit Debenture Issue oversubscribed on opening day
Dec 07, 2015 (LBO) – Sri Lanka’s Commercial Credit and Finance PLC's issue of up to 20 million rated, guaranteed, subordinated, redeemable five-year …
Sri Lanka equity earnings down 6 pct in Q3 on diversifieds, telcos: CT CLSA
Dec 04, 2015 (LBO) - Sri Lanka equity market earnings declined 6 percent in the third quarter of this year largely due to lower earnings in diversified and …
Sri Lanka’s stock exchange adopts global classification standard
Dec 03, 2015 (LBO) – Sri Lanka’s Colombo Stock Exchange (CSE) said it is adopting the Global Industry Classification Standard (GICS) to classify its listed …
Sri Lanka’s Carsons to sell Malaysian, Indonesian plantations
Dec 02, 2015 (LBO) – Sri Lanka’s Carson Cumberbatch Group said four of it's subsidiary would sell its Malaysian and Indonesian plantations subject to a …
Sri Lanka’s CIC sells Chemifix trademark for Rs345mn
Nov 30, 2015 (LBO) - Sri Lanka’s CIC Holdings, who have investments from agriculture to paints said it has sold its Chemifix trademark and other brands …
Sri Lanka’s Nawaloka Holdings enters the FMCG sector
Nov 30,2015 (LBO) – Nawaloka Holdings, a diversified conglomerate in Sri Lanka, entered the FMCG sector through its recent acquisition of East West Marketing …
Colombo Stock Exchange moving ahead with CCP
Nov 26, 2015 (LBO) - The Colombo Stock Exchange is moving ahead with setting up the Central Counter Party institution for secondary market transactions, the …
Sri Lanka stocks close up 0.5-pct: Budget gains
Nov 23, 2015 (LBO) – Sri Lankan stocks closed up at 0.55 percent on Friday with John Keells Holdings and other index heavy stocks showing gains following …
Sri Lanka to sell Lanka Hospitals, Colombo Hilton, Hyatt, Waters Edge and Mobitel on CSE
Nov 23, 2015 (LBO) – Sri Lanka’s government plans to sell some of state-owned non strategic investments on the Colombo Stock exchange to raise money to …
Sri Lanka’s CSE approves Rs.750mn Peoples Insurance IPO
Nov 23 (LBO) – Sri Lanka’s People’s Insurance, a fully owned subsidiary of People’s Leasing and Finance will be listed on the Colombo Stock Exchange …
Banks to cease leasing from June, charges on cash withdrawal: Budget 2016
Nov 20, 2015 (LBO) – Sri Lanka’s banks have been asked to cease leasing activities from 01st of June next year while pawning should be limited to five …
Sri Lanka to set standards for red clay roofing tiles upon asbestos ban
Nov 19 (LBO) – Sri Lanka is in the process of setting quality standards for red clay roofing tiles while increasing productivity to reduce cost of production …
Norway’s Wealth Fund buys a stake in Tokyo Cement
Nov 16, 2015 (LBO) – Norway’s Norges Bank, which manages the world’s biggest sovereign wealth fund, has bought a stake in Tokyo Cement of Sri Lanka, the …