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Global announcement&Announcement & Sticky [1]

20201118
EXPERT CHRONICLE™ Comput10

Authors, Writers and Publishers can now post their articles on the 'EXPERT OPINION" section which will appear on the front page of the FINANCIAL CHRONICLE.

Only the Moderators, Experts user-groups are allowed to post articles in the section. Other members are only allowed to comment. When posting ensure the articles start with a relevant photo for the subject and followed by the written content of the author. If you are interested in becoming an author please let us know in order to...

by Quibit - Comments: 1 - Views: 580
20210118
EXPERT CHRONICLE™ 1610970511579?e=1613606400&v=beta&t=_bgWb_jkY7kQtPhnBHxoqWjjKzjqLU5CMYRDJEOWwKU

CSE’s ASPI reached its all-time high index tally today closing the 10th trading day of 2021 on 7922.66 points. The previous highest points figure recorded was 7811.80 points on 14 February 2011. The ASPI gained 188.09 points today recording the eighth highest points gain in CSE’s 35 year...

by samaritan - Comments: 12 - Views: 1111
20210120
EXPERT CHRONICLE™ Central

[size=18]By Hiran H.Senewiratne [/size]


Sri Lanka’s 2021 GDP growth prospects  seem positive despite the economy contracting by 1.7 per cent and 16.3 per cent in the first and second quarters of 2020. However, the economy rebounded in the third quarter of 2020 and registered a growth of 1.5 per cent, Central Bank Governor Prof....

by samaritan - Comments: 0 - Views: 137
20210119
[size=44]EXPERT CHRONICLE™ May_27908[/size]

  • By Nishel Fernando


The government is building the necessary soft and hard infrastructure for the country to become a US $ 150 billion economy, with a per capita income of US $ 7000, by attracting investments, Money, Capital Markets and State Enterprise Reforms State Minister Ajith Nivard Cabraal said yesterday.

by samaritan - Comments: 0 - Views: 239
20210118
EXPERT CHRONICLE™ Screenshot_20210116-002513_Zoho-Mail

Billionaire investor Nathaniel Rothschild paid a visit to Sierra Cables PLC on Friday the 15th of January to discuss possible business collaboration.


The British-born financier and a member of the Rothschild family, who is on a business visit  to Sri Lanka was welcomed at Sierra Cables factory and office premises in...

by samaritan - Comments: 0 - Views: 354
20210115
EXPERT CHRONICLE™ Port-City-Colombo-attracts-world%E2%80%99s-top-investor-Nathaniel-Rothschild-04

World renowned financier and a member of Rothschild family, Nathaniel Rothschild who is in Sri Lanka for a brief business tour, paid a visit to Port City Colombo yesterday (14).
He was accompanied by prominent Sri Lankan born British politician...

by samaritan - Comments: 1 - Views: 371
20210114
EXPERT CHRONICLE™ TtownD5JSXTV76lIFJR1iu4qv0FIhZNc

By Sulochana Ramiah Mohan
Top British financier Nathaniel Rothschild is in Colombo and would be visiting the Port City today (14), Ceylon Today learns.

Rothschild is the youngest of four children and only son and heir apparent of Jacob Rothschild, 4th Baron Rothschild,...

by samaritan - Comments: 5 - Views: 504
20210114
EXPERT CHRONICLE™ 45a65cc1-new-project

British-born financier and a member of Rothschild family, Nathaniel Rothschild has arrived in Sri Lanka last evening in his private jet for a brief visit, Daily Mirror learns.
The 49-year old, who is popularly known as Nat, is the heir apparent to the centuries-old European banking dynasty and the only son of Jacob Rothschild, the 4th Baron Rothschild.

by samaritan - Comments: 0 - Views: 289
20210111
EXPERT CHRONICLE™ Ajith

[size=18]By Saman Indrajith[/size]


State Minister of Finance, Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal told Parliament, on Friday, that Sri Lanka’s growth prospects were positive, underscored by a stable currency and sound debt repayment capacity.



by samaritan - Comments: 0 - Views: 345
20210109
Please, comment Most NAV based discounted stocks in the market.

EDEN,RHL,...?

by Love Boy - Comments: 9 - Views: 907
20210109
EXPERT CHRONICLE™ All

Leading stockbroking firm Asia Securities (Pvt) Ltd., maintained that all signs point to a strong GDP growth trajectory in 2021. The latest Economic Outlook report titled Balancing the Priorities – The New Normal forecasts a GDP growth of 5.4% for 2021, driven by improved investor sentiment and consumer demand, an accommodative monetary policy environment, and a pickup in global demand.


by samaritan - Comments: 0 - Views: 221
20210107
EXPERT CHRONICLE™ GR-meeting-Indaian-EAM-Jaishankar-Jan2021-692x394

Excerpts from article published in 'ECONOMYNEXT' 

India’s Covid numbers have come down sharply and with vaccination in sight, India’s economic recovery will be “full-blown” by the next quarter with beneficial effects on Sri Lanka, India’s External Affairs Minister...

by samaritan - Comments: 0 - Views: 243
20210106

Cheaper
Hi, Friends! What is most discounted stocks in the market now?

I think, RHL,EDEN,PLC

Please, comment your pics

by Love Boy - Comments: 5 - Views: 1268
20210105
EXPERT CHRONICLE™ Koria

By Lynn Ockersz
‘The time is right for Sri Lanka to change and take a leap to a higher level. Korea is the very country that can assist Sri Lanka to reach the pinnacle of national development and prosperity. Korea’s economic miracle, “The Miracle on the Han River” is a story of overcoming many hardships by the Korean people...

by samaritan - Comments: 0 - Views: 208
20201231
EXPERT CHRONICLE™ BAkaPjsuXW9Z9UYaKAURRbubOi2RqQgu
By Ishara Gamage
Hemas Pharmaceutical (Pvt) Ltd, together with Expolanka Holdings PLC and Emirates SkyCargo have submitted collective Supply Chain Solution to the Government for the National Vaccination programme against COVID-19, relevant company officials told Ceylon FT.


The...

by samaritan - Comments: 0 - Views: 1181
20201230
EXPERT CHRONICLE™ CV_Vaccine_m300
Dec 29, Colombo: Lalith Weeratunga, Senior Advisor to the President, says that Sri Lanka is more likely to receive the three vaccines, Sputnik V, manufactured in Russia, Sinovac, manufactured in China, and UK’s Oxford-AstraZeneca vaccine, which was discovered by the University of Oxford.
The Senior Adviser to the President has told state-run Dinamina that...

by samaritan - Comments: 0 - Views: 226
20201230
EXPERT CHRONICLE™ Ceylon-tea-Sri-Lanka-481x300


Outgoing South African High Commissioner in Colombo, Robina P. Marks stated that South Africa is willing to consider slashing tariffs for Sri Lankan tea exports to give some relief to Sri Lanka.
Delivering the opening remarks at 'Sri Lanka – South Africa Business Promotion Meeting' organized...

by samaritan - Comments: 0 - Views: 185
20201228
China will overtake the US to become the world's largest economy by 2028, five years earlier than previously forecast, a report says.

The UK-based Centre for Economics and Business Research (CEBR) said China's "skilful" management of Covid-19 would boost its relative growth compared to the US and Europe in coming years.
Meanwhile India is tipped to become the third largest economy by 2030.

The CEBR releases its economic league table every year on 26 December.

Although China was the first country hit by Covid-19, it controlled...

by samaritan - Comments: 0 - Views: 480
20201222
EXPERT CHRONICLE™ Sri-lanka-1024x576

The storm shall pass and we will bounce back stronger, says THASL President


This period has also been an ideal time for us to turn the searchlight inwards and to ask what  our industry can do to revive post Covid tourism. Tourism is a widespread industry. In Sri Lanka, We have reached every nook and corner of our paradise island. We bring people...

by samaritan - Comments: 1 - Views: 437
20201225
EXPERT CHRONICLE™ CBSL-3-e1588149662736


The Central Bank of Sri Lanka (CBSL) is of the view that the recent increase in volatility of the exchange rate is 'unwarranted' and 'unacceptable'.

Hence, issuing a statement, the CBSL stated that it will take appropriate action aggressively hereafter to contain this volatility in the...

by samaritan - Comments: 0 - Views: 322
20201224
EXPERT CHRONICLE™ 143926169-france-and-sri-lanka-two-flags-on-flagpoles-and-blue-cloudy-sky-background

The Board of Investment of Sri Lanka (BOI) and the Embassy of Sri Lanka in France organised a webinar on 17 December. The webinar was sponsored by National Confederation of French Employers (Movement des enterprise France) MEDEF. The Embassy of France in Sri Lanka and the Sri Lanka – France Business Council...

by samaritan - Comments: 0 - Views: 212
20201222
EXPERT CHRONICLE™ 171f3610


Asia Capital enters into share purchase agreement to buy 70% stake of Navara Capital Partners

Asia Capital PLC (ACAP) the country’s leading and pioneering investment banking house recently announced to Colombo Stock Exchange (CSE) that the company has entered into a share purchase agreement on 21st December 2020 to acquire 70% stake of Navara Capital Partners Ltd. (NCPL)

Speaking on the developments in the Asia Capital PLC (ACAP) Chief Executive Officer Stefan...

by God Father - Comments: 4 - Views: 504
20201219
EXPERT CHRONICLE™ 1608119194605?e=1611187200&v=beta&t=lH6Ij4PsArlwH7_vcfMVuiikS1NFd81SE1QflXjO8Z0

Growth rebounded to 1.5% in 3Q reflecting great recovery of the economy after the economic contraction in 1Q and 2Q of this year signaling a near normalcy, therefore, the predicted robust turnaround of 5.5% growth for next year is not an ambition, it is an achievable goal, State Minister of Money and...

by samaritan - Comments: 0 - Views: 224
20201217
EXPERT CHRONICLE™ The-port-city-project-where-things-stand-now

Browns Investments PLC, the strategic investment arm of LOLC Group, has entered into a deal with China Harbour Engineering Company (CHEC) for a mixed development project to be set up at the Colombo International Finance Centre (CIFC) envisaged in the Colombo Port City.


The total investment of the milestone project comprising a land...

by samaritan - Comments: 6 - Views: 839
20201215
EXPERT CHRONICLE™ Portcity-Graybox


Yamuna Jayaratne, Director Sales & Marketing of The CHEC Port City Project, speaking to Economy Next iterated that the project is the reset and reimagining that the country needs right now.


The CHEC Port City Colombo was an ambitious project from the start: the ongoing development of 269ha of land reclaimed...

by samaritan - Comments: 2 - Views: 950
20201214
EXPERT CHRONICLE™ Ajith


Asia Securities will host its 4th Annual Sri Lanka Investment Conference over three days this week. Titled 2021: The Investors’ Dilemma, the event will explore the outlook for the economic rebound and financial markets next year, in what will surely be a fascinating investing environment. Considering current safety concerns, Asia Securities will deliver the conference virtually with three two-hour sessions which...

by samaritan - Comments: 0 - Views: 218
20201211
EXPERT CHRONICLE™ Covid-vaccine-scaled

Private equity major Blackstone is reported to have clinched a deal to acquire Piramal Glass for around $1 billion as it sees a surge in demand for glass vials required to store Covid-19 vaccine vials. The deal includes an upfront payment of $850 million and Piramal Group will get another $150 million over the next two years on achieving certain milestones.



by samaritan - Comments: 0 - Views: 391
20201209
EXPERT CHRONICLE™ Yrptu9n8mzgDhvrxlYPXuUCUyzRlqmAv

Co-Cabinet Spokesperson, Minister Dr. Ramesh Pathirana, stated that the country will see the end of the COVID-19 pandemic in the next three to six months.
He made this statement while addressing the media briefing held at the Government Information Department today.
The Minister said that...

by samaritan - Comments: 1 - Views: 314
20201209
EXPERT CHRONICLE™ Image_6930a44ad9

 

  • [b]Combined earnings of listed companies up 53% to Rs. 73.7 b in 3Q of 2020 from a year ago[/b]

  • [b]Three month period between July-September produces best earnings since late 2018[/b]

  • [b]Massive 287% rise as against quarter ended June which was impacted by first wave shutdown[/b]

  • [b]Performance reflects quick rebound and private sector resilience[/b]

by samaritan - Comments: 0 - Views: 174
20201208
EXPERT CHRONICLE™ GettyImages-499170981-20e252a7742340ab9b03118f93e8d58c



  • [b]ASPI reaches the highest level since May 2018 as CSE completes 10 consecutive sessions of gains[/b]



The Colombo Stock Market gathered more momentum yesterday with the benchmark index reaching its highest level in two...

by samaritan - Comments: 2 - Views: 381

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