Trade Finance and Investments amalgamates into Commercial Credit and Finance PLC
Trade Finance and Investments PLC (TFI), a financial service providerhas been amalgamated into one of Sri Lanka’s pioneering finance companies, Commercial …
Economy & Markets
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Responsive web and app design: new trends on the horizon, in 2021.
Although software development in Sri Lanka started out as an offshoring destination for IT services, this has long since moved from being just a niche …
Veemansa policy development & advocacy group to discuss debt sustainability of Sri Lanka
Veemansa Initiative a newly launched, Sri Lanka based, policy development and advocacy group promoting dialogue on sustainable and inclusive development will …
Central Bank updates rules for export proceeds & conversion of them into Sri Lanka Rupees
The Monetary Board of Sri Lanka's Central Bank has issued rules as published in the Gazette Extraordinary No. 2215/39 in respect of receipt of export proceeds …
Softlogic Life grew 25-pct in 2020 to Rs.15.6Bn; PAT Rs.1.5Bn
Softlogic Life announced that despite all the difficulties associated with a thoroughly disrupted COVID year 2020, the Company grew revenues to record Gross …
SEC conducts workshop for CFOs of potential listed companies
The Securities and Exchange Commission of Sri Lanka (SEC) recently conducted a forum for the Chief Financial Officers (CFOs) of several private companies with …
I ask you to be confident; ongoing negotiations will produce results soon: CBSL Governor
Governor of Sri Lanka’s Central Bank, Professor W D Lakshman requests people to be confident as ongoing negotiations with overseas agencies will produce …
Sri Lanka official reserves down to USD4.8bn by end January; YTD rupee depreciation 4.2-pct
Sri Lanka’s official reserves were 4.8 billion US dollars (USD 4,814.6mn) by the end of January 2021, down from 5.7 billion US dollars in December last year, …
SEC and CSE meet with Stockbrokers to discuss current status of stock market
The Securities and Exchange Commission of Sri Lanka together with the Colombo Stock Exchange on Thursday held a discussion with the stockbroker firms on the …
Driving growth-bridging deficits – outlook 2021 report of Ceylon Chamber
The Ceylon Chamber of Commerce launched its annual Outlook Report for 2021, at the Economy and Sector Review and Outlook 2021 webinar recently. The Outlook …
Sri Lanka on positive and steady path for economic recovery, says Cabraal
Feb 08, 2021 (LBO) - State Minister of Finance, Capital Markets, and State Enterprise Reforms Ajith Nivard Cabral says Sri Lanka is on …
EFutures develops a Digitized System for Medical Claim Processing.
EFutures is a boutique software product engineering agency that focuses on technology companies. Overview Students in the state of California are provided …
Stock market halted after S&P SL20 drops over 7.7-pct
Colombo Stock Exchange (CSE) on Tuesday halted its trading for 30 minutes due to the S&P SL20 index dropping over 7.7% from the previous close. The CSE …
Sri Lanka inflation at 3-pct for Jan 2021
Feb 02, 2021 (LBO) - The overall rate of inflation as measured by CCPI on Y on Y basis is 3.0 percent in January 2021 and Y on Y inflation calculate for the …
Sri Lanka’s foreign currency reserves fall below foreign debt obligations
Sri Lanka's foreign currency reserves which were at USD 5.7Bn as of December 2020, have now marginally fallen below the foreign debt obligations for the first …
Ceylon Chamber to host Outlook 2021 forum next week
The Ceylon Chamber’s annual discourse on the year’s Outlook will be held virtually on 3rd February 2021, organised by the Chamber Academy. The Outlook …
Global equity interest in emerging markets expected to trickle down to CSE: Ceylon Asset Management
Jan 26, 2021 (LBO) - Local investors should exploit attractive valuations of the CSE before a Sri Lanka country rating revision and foreign investor confidence …
CSE issues new guideline for Stockbroker Firms to implement with immediate effect
In consultation with the Securities and Exchange Commission (SEC), the Colombo Stock Exchange (CSE) has issued a set of guidelines on best practices for …
SEC advises investors not to rely on unsolicited stock tips circulated through social media
The Securities and Exchange Commission of Sri Lanka (SEC) has observed that unsolicited messages purporting to be stock tips/ investment advice with respect to …
CBSL requests banks to refrain from entering into forward contracts of forex for 3 months
Sri Lanka's Central Bank requests licensed commercial banks to refrain from entering into forward contracts of foreign exchange for a period of three months …