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Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka
GROSS DOMESTIC PRODUCT (GDP)
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20210923 Discord is a VoIP, instant messaging and digital distribution platform. Users communicate with voice calls, video calls, text messaging, media and files in private chats or as part of communities called "servers". Servers are a collection of persistent chat rooms and voice chat channels. Mobile Version ChatBox  Old Version ChatBox  Login... by CHRONICLE™ - Comments: 1 - Views: 337 | |
20210923 by samaritan - Comments: 5 - Views: 946 | |
20210928  Market sentiments have improved and most of the difficult period is behind us Earlier I have given a target of 10,000 by 31 December 2021; 12,500 by 31 May 2022; 15,000 by 31 December 2022; and 30,000 by 31 December 2025. I am more convinced now to revise my target to 15,000 by 31 March 2022. by samaritan - Comments: 0 - Views: 178 | |
20210503  PABC bank is accused of encouraging Japanese to launder money through PABC Bank with the assistance of Japanese Directors which has caused in a huge foreign currency controversy and legal cases against the bank resulting in the resignation of the Chairman and the head international banking Thilani Pieris. Japanese Director, Takshi Igarshi, Takaya Toshiyaki seems to have acted in concert with Thilani Piries and former Chairman of PABC which has resulted in the latest wave of resignations at PABC. by God Father - Comments: 4 - Views: 6595 | |
20210916 by samaritan - Comments: 0 - Views: 151 | |
20210915  by samaritan - Comments: 1 - Views: 557 | |
20210916 Information Technology and consultation is one of the steady growth sectors in Sri Lanka for the recent past and especially in the COVID19 era. It accounts 9.8Bn under GDP current price, which has grown by an average of 25.7% in the last three quarters. GDP constant price accounts 5.9Bn with an average growth of 21% in the... by samaritan - Comments: 0 - Views: 153 | |
20210916  The Central Bank will soon announce a policy package in the form of a short-term Roadmap to provide clarity with regard to the movement of Sri Lanka’s macro-economic fundamentals, Central Bank Governor Ajith Nivard Cabraal said after taking office yesterday. “The Central Bank’s first and urgent priority under my watch, will be... by samaritan - Comments: 0 - Views: 197 | |
20210719  [size=11]By Duruthu Edirimuni Chandrasekera [/size] LOLC Holdings PLC’s strategic investment arm, Browns Investments through its subsidiary, BI Leisure Holdings is on the lookout for more hotels in Mauritius on the back of acquiring PL Resort Limited (there) and in such similar destinations, senior officials said. by samaritan - Comments: 14 - Views: 3303 | |
20210914 by samaritan - Comments: 4 - Views: 789 | |
20210913 by Sihas005 - Comments: 8 - Views: 1322 | |
20210913  The controversial investment advise given by a leading Research/brokering company in Sri Lanka when stock Market has reached its peak ASI- 9308 which is to date is the all time high. Above screen shot is the only available proof of the above the ill advise given to equity investors. Original Tweet sent by the Capital Trust has been deleted and is not available in their twitter anymore. https://twitter.com/CapitalTrustRe by ChooBoy - Comments: 3 - Views: 993 | |
20210912 by J-CAT - Comments: 1 - Views: 358 | |
20210912 by J-CAT - Comments: 3 - Views: 691 | |
20210912 by samaritan - Comments: 1 - Views: 566 | |
20210909 by reyaz - Comments: 4 - Views: 699 | |
20210912 by J-CAT - Comments: 0 - Views: 205 | |
20210909  State Minister Ajith Nivard Cabraal stated that he believes that around Rs 100 Billion will come into the market in the future through the new Finance Act passed by the Government. Addressing a press conference at Ministry of Finance the State Minister further stated... by samaritan - Comments: 4 - Views: 939 | |
20210909 SINHA HOSPITELS by stockchaser - Comments: 0 - Views: 266 | |
20210908 by ResearchMan - Comments: 3 - Views: 588 | |
20210908  ECONOMYNEXT – Sri Lanka will set up a state company to develop technology parks and list it in the stock market to raise funds, the state information office said. Technology Park Development Company, fully owned by the Secretary to the Treasury will set up give tech parks in Galle, Kurunegala, Anuradhapura, Kandy and Batticaloa... by samaritan - Comments: 0 - Views: 143 | |
20210907  [size=16]Container lines racked up a staggering $28.6bn in profits in the second quarter of the year a 13-fold improvement on a year earlier. Marcus Hand | Sep 06, 2021[/size] The McCown Container Results... by samaritan - Comments: 2 - Views: 321 | |
20210906  
by samaritan - Comments: 1 - Views: 311 | |
20210905  Many large Chinese companies, including State Owned Enterprises (SOEs), have expressed genuine interest in investing in Sri Lanka at a crucial time when we are seeking foreign investments to facilitate the speedy recovery of our economy, Ambassador of Sri Lanka in China, Dr. Palitha Kohona told the Sunday Observer Business recently. by samaritan - Comments: 0 - Views: 307 | |
20210905  Sri Lanka recorded the world's most COVID-19 vaccinations by percentage of population last week. This was recognized by Our World in Data, a data analysis website related to COVID-19. They pointed out that 13% of the Lankan population has been vaccinated against COVID-19 during the past... by samaritan - Comments: 0 - Views: 217 | |
20210904  You might have heard a lot of hype around these things called NFTs, or non-fungible tokens. How can these digital things be selling for millions of dollars? TFG investigates Non-fungible what now? If you poke your nose around the blockchain space these days you have almost certainly heard a lot of hype around these things called NFTs, or non-fungible tokens. How can these digital things... by CHRONICLE™ - Comments: 1 - Views: 219 | |
20210831  Renewed Optimism Surmounting unexpected challenges has been the order of the day in 2020. Unfortunately, all business problems impact us in different ways, ranging from demotivation to rejuvenation. At Asia Capital, we chose to remain in the optimistic spectrum as we strive to overcome new obstacles with innovative strategies and solutions. This has kept us resilient in the past and will drive us in the future. Whilst we endeavour to remain buoyant and enthusiastic... by CHRONICLE™ - Comments: 2 - Views: 825 | |
20210831  Mass vaccination to bear fruit shortly
by samaritan - Comments: 5 - Views: 974 | |
20210902  Earlier it was the unscrupulous bankers, exporters and importers who used machinations and manipulations to make some super profits from the USD/LKR exchange rate at the expense of the country’s foreign reserves with some top Central Bank officials also seem to be aiding and abetting. Now its the unscrupulous hoarders who are trying to create artificial shortage of food whilst there is no shortage of food in Sri Lanka. These organized gangs disseminate fake news locally and internationally... by God Father - Comments: 0 - Views: 335 | |
20210901  The Colombo Stock Exchange (CSE) yesterday tweeted saying the market still remains attractive in terms of Price Earnings Ratio (PER). It said: “The price-to-earnings ratio (PER) indicates the price of the market in comparison to the underlying earnings of the listed companies. The current PER’s are extremely attractive considering historical valuations and indicates further record numbers for the... by samaritan - Comments: 3 - Views: 479 | |
20210902  Chairman of the National People's Congress (NPC) Standing Committee (Speaker of the Parliament of the People's Republic of China) Li Zhanshu assured Speaker of Parliament Mahinda Yapa Abeywardena that the Chinese government will do its utmost to help overcome the economic challenge as well as the COVID challenge in Sri Lanka by samaritan - Comments: 1 - Views: 213 | |
20210902  Finance Minister Basil Rajapaksa has stated the government will take necessary measures to establish the regional headquarters of China Development Bank at Port City. He added that Sri Lanka was looking forward to China’s assistance towards investment projects. He aired these views during a special Zoom discussion yesterday... by samaritan - Comments: 0 - Views: 173 | |
20210830 
by samaritan - Comments: 1 - Views: 415 | |
20210831 by target1 - Comments: 0 - Views: 269 | |
20210830  The Indian rupee today surged against the US dollar amid broad weakness in the greenback and a rally in domestic equity markets. The rupee rose to two-month high of 73.37 per US dollar in early trade as compared to previous close of 73.69. Most Asian emerging currencies firmed modestly today, as the dollar nursed losses after US Federal Reserve Chairman Jerome Powell on Friday indicated that the central... by target1 - Comments: 0 - Views: 222 | |
20210830 by samaritan - Comments: 0 - Views: 308 | |
20210827  As the Colombo Stock Exchange continues to set new daily records, defying the effects of the broader economy from the lockdowns in effect since last Friday, First Capital Research (FCR) said it was time to cut exposure to equity and increase the cash holdings, as the All Share Price Index (ASPI) breached its fair value, which is at between the 7,500 and 8,000 range, a stance the research firm held since June this year. Sri Lanka’s shares hit new back-to-back highs on Monday... by CHRONICLE™ - Comments: 0 - Views: 585 | |
20210826  Thursday August 26, 2021 10:40 am [size=18][size=18]ECONOMYNEXT – World Bank credits and grants are funding Coronavirus vaccines, intensive care units, test kits, as well as 5,000 rupee cash grants for people in lockdown, a program review shows. by samaritan - Comments: 0 - Views: 200 | |
20210825 
by samaritan - Comments: 0 - Views: 196 | |
20210819   Toshiake Tanaka resigns from Asia Capital PLC amidst audit investigation and acute conflict of interest. Raju Radha appointed to the Executive Committee of Asia Capital PLC by CHRONICLE™ - Comments: 2 - Views: 773 | |
20210118  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: 1 - Views: 1173 | |
20210809  France, which previously banned all Sri Lankan tourists from entering that country because of COVID-19 by classifying it as a ‘red list’ country, (see Ceylon Today of 9 June), has now upgraded the country to the ‘orange zone,’ the French Embassy in Sri Lanka in a posting on its website on Tuesday (3) said. “This means that if a... by samaritan - Comments: 1 - Views: 313 | |
20210729  John Keells Hotels PLC (KHL) saw the revenue momentum losing in both its Maldivian and Sri Lankan resort sectors during the June quarter (2Q22), reflecting the impact of COVID-19 third wave and the resulting restrictions on travel and leisure activities. The group expects pent-up demand for travel and tourism once travel restrictions are removed. by samaritan - Comments: 1 - Views: 430 | |
20210806  by samaritan - Comments: 2 - Views: 553 | |
20210804  [size=18]By Hiran H.Senewiratne[/size] CSE activities were bullish throughout yesterday following an International Monetary Fund decision, announced by its Board of Governors, that it has approved a 457 billion creation of Special Drawing Rights (about US 650 billion) that will be allocated to members effective August 23, stock market analysts... by samaritan - Comments: 1 - Views: 339 | |
20210803 by samaritan - Comments: 0 - Views: 432 | |
20210802 [size=13]An Echelon Media Company Monday August 2nd, 2021  [size=13]All Sections [/size] | [/size]
by CITIZEN - Comments: 0 - Views: 633 | |
20210802  An Omani Government investment arm has shown initial interest in the property on which the Air Force Headquarters is situated in Colombo 2 and the Urban Development Authority-owned Chalmer’s Granary land in Colombo Fort, official sources said. The party has signed a non-binding agreement with the UDA, committing to send a team to do due diligence for the mixed development projects... by samaritan - Comments: 2 - Views: 382 | |
20210730 
Sri Lanka’s Free On Board (FOB) prices for black tea are the highest in the world, Asia... by samaritan - Comments: 0 - Views: 380 | |
20210727  [size=18]By Hiran H. Senewiratne[/size] In a situation where the country is short of foreign reserves, the tea industry will likely contribute US$ 200 million extra revenue to the country despite the current chemical fertilizer restriction, chairman, Tea Small Holdings Development Authority Dr. Thushara Priyadarshana said. by samaritan - Comments: 1 - Views: 407 |
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