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» AAIC 100 = SCAP 16
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» Technical update 12.08.2022 Maharaja
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» Exterminators Plc (EXT.N)
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» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
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» HAYLEYS PLC (HAYL.N0000)
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» Buy lofc tomorrow - Maharaja
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» LIOC ....Get in soon
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Search found 33 matches for lka

The country went through immense hardship and unity was the pillar that got the island nation out of turmoil. I vouch for victory over defeat. #LKA
Search in: EXPERT CHRONICLE™  Topic: Sri Lanka’s Rajapaksa Leadership Won’t Step Down  Replies: 10  Views: 843
''කොටස් වෙළෙදපොළ වසා තබන දින ගණන දික් කරනනේ නෑ' තාවකාලික වෙළෙදපොළ වැසීම ගැන දිවයින පුවත්පතේ පලවු ලිපිය." #CSE #stockmarket #investment #lka

කාවද ඔය ඔබ රවට්ටන්න හදන්නේ සභාපති තුමනි!!!!

Topics tagged under lka on FINANCIAL CHRONICLE™ Fqxdzt10

Sri Lanka’s import cover too low? - Mon Jul 05, 2021 3:05 pm

CHRONICLE™ wrote:

Topics tagged under lka on FINANCIAL CHRONICLE™ 1a25e410

Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.

The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.

When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.

#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy

According to my knowledge import cover can't describe whole picture import cover depend on the country's strategy
https://www.ceicdata.com/en/indicator/foreign-exchange-reserves-months-of-import
Search in: EXPERT CHRONICLE™  Topic: Sri Lanka’s import cover too low?  Replies: 12  Views: 1155

Sri Lanka’s import cover too low? - Mon Jul 05, 2021 10:42 am

CHRONICLE™ wrote:

Topics tagged under lka on FINANCIAL CHRONICLE™ 1a25e410

Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.

The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.

When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.

#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy



This statistic needs to be viewed with how much they spent for imports of essentials such as Medicines, Foods ect from other countries as most of the above mentioned countries do produce the aforesaid in abundance and have an excess to export as well. Correct me if I am wrong. In such a context, It is a dire need of a country like SL to maintain a steady import cover and this can't be viewed as a betterment compared to the mentioned countries.
Search in: EXPERT CHRONICLE™  Topic: Sri Lanka’s import cover too low?  Replies: 12  Views: 1155

Sri Lanka’s import cover too low? - Mon Jul 05, 2021 10:09 am


Topics tagged under lka on FINANCIAL CHRONICLE™ 1a25e410

Sri Lanka Gross Official Reserve Cover for months of imports stood at 3.1 months as at April 2021. Is this too low? The media has portrayed the decline in reserves and import cover as a liquidity crisis, creating a negative image that can be very harmful to business sentiment and the economy.

The months of import cover indicates the number of months of imports that can be covered by the reserves held at the central bank. However, the central bank reserves are not directly used for the finance of imports. It is merely an indicator showing the reserves relative to imports, for the ease of comparison between countries.

When we compare Sri Lanka's import cover with developed countries such as the United Kingdom, Netherlands, Germany and Australia we observe that the island has a higher import cover. These developed countries have continued to have lower import cover than Sri Lanka for the past 10 years. It is important to understand the indicator and view it in a global context prior to making a judgment of whether it is negative or not.

#lka #reserves #srilanka #importcover #economy #srilankaeconomy #centralbank #liquidity #SLEconomy
Search in: EXPERT CHRONICLE™  Topic: Sri Lanka’s import cover too low?  Replies: 12  Views: 1155

CHINA + SRI LANKA and impact in CSE - Thu Mar 18, 2021 2:08 pm


Ajith Nivard Cabraal

@an_cabraal



Was delighted to meet with the Indian CEOs Forum and learn of their investment promotion initiative titled: “SHINE LANKA – Path to #Investment #SriLanka”. The promotional material were simply outstanding. Thank you, CEOs
@ficci_india

@BOIsrilanka
#lka #India #GoSL
Topics tagged under lka on FINANCIAL CHRONICLE™ Ewvt27KVIAct5EE?format=jpg&name=small
Search in: CORPORATE CHRONICLE™  Topic: CHINA + SRI LANKA and impact in CSE  Replies: 11  Views: 2027

Game Changed! SUPER GREEN - Fri Mar 05, 2021 12:24 pm

The performance of many companies this year is definitely on the rise. The
[size=23]@CSE_Media[/size]
's overall PEs are low. The Rupee's holding value. [size=23]#interest[/size] rates are low. There's ample room for the market cap to grow. It's time to hold or buy. [size=23]#lka[/size] [size=23]#SriLanka[/size] [size=23]#corporates[/size] [size=23]#capitalmarket[/size]




https://twitter.com/home?lang=en
Search in: CORPORATE CHRONICLE™  Topic: Game Changed! SUPER GREEN  Replies: 4  Views: 1544

CSE - The World's best performer! - Fri Mar 05, 2021 11:09 am

EPS wrote:If they know the CSE Market cap worth more than the 4.5 Trillion, why they late to take this action ?
Anyhow many small investors totally vanished by now.

Now market cap 3 Trn.
Guess, another 50% will up , now onwards without any interruption Question Question    

State minister Capital market

Requested
@CSE_Media
to allow broker [size=15]#credit[/size] based on total portfolio & not force-sell individual [size=15]#stocks[/size]: will also soon discuss this matter with [size=15]#Banks[/size] & other lenders to arrive at a suitable solution. [size=15]#lka[/size] [size=15]#SriLanka[/size] [size=15]#corporates[/size] [size=15]#capitalmarket[/size] [size=15]#Investments[/size]

Search in: CORPORATE CHRONICLE™  Topic: CSE - The World's best performer!  Replies: 31  Views: 5008

GALORE OF GOOD NEWS TO THE CSE - Fri Mar 05, 2021 9:41 am

CHINESE LOAN & CURRENCY SWAP ARRANGEMENT ON THE WAY
China will endorse a US$500 million loan and a currency swap arrangement of two billion Yuan (around US$600 million) within the next couple of weeks.

CB pledges to continue with "historically low" interest rates


https://dailymirrorepaper.pressreader.com/daily-mirror-sri-lanka




Ajith Nivard Cabraal

@an_cabraal

·
45m


Requested
@CSE_Media
to allow broker #credit based on total portfolio & not force-sell individual #stocks: will also soon discuss this matter with #Banks & other lenders to arrive at a suitable solution. #lka #SriLanka #corporates #capitalmarket #Investments
Search in: CORPORATE CHRONICLE™  Topic: GALORE OF GOOD NEWS TO THE CSE  Replies: 18  Views: 3117

Game Changed! SUPER GREEN - Fri Mar 05, 2021 9:25 am

Karthick wrote:Requested
[size=23]@CSE_Media[/size]
to allow broker [size=23]#credit[/size] based on total portfolio & not force-sell individual [size=23]#stocks[/size]: will also soon discuss this matter with [size=23]#Banks[/size] & other lenders to arrive at a suitable solution. [size=23]#lka[/size] [size=23]#SriLanka[/size] [size=23]#corporates[/size] [size=23]#capitalmarket[/size] [size=23]#Investments[/size]


OFFICAIL TWITT BY Minster.CABRAL

https://twitter.com/an_cabraal/status/1367677953417437187

GOOD move.. Most companies are performing.. nothing go wrong.. what happened was a pure manipulation..
Search in: CORPORATE CHRONICLE™  Topic: Game Changed! SUPER GREEN  Replies: 4  Views: 1544

Game Changed! SUPER GREEN - Fri Mar 05, 2021 9:17 am

Requested
[size=23]@CSE_Media[/size]
to allow broker [size=23]#credit[/size] based on total portfolio & not force-sell individual [size=23]#stocks[/size]: will also soon discuss this matter with [size=23]#Banks[/size] & other lenders to arrive at a suitable solution. [size=23]#lka[/size] [size=23]#SriLanka[/size] [size=23]#corporates[/size] [size=23]#capitalmarket[/size] [size=23]#Investments[/size]


OFFICAIL TWITT BY Minster.CABRAL

https://twitter.com/an_cabraal/status/1367677953417437187
Search in: CORPORATE CHRONICLE™  Topic: Game Changed! SUPER GREEN  Replies: 4  Views: 1544

30% Gain Possible Shares - Wed Feb 03, 2021 10:51 am

NTB still trading at a very discount price. 


Disc- holding NTB
[url=Downloads]
[/url]
https://twitter.com/MarketNewsLK/status/1356798790049566722



[size=15]

Topics tagged under lka on FINANCIAL CHRONICLE™ OABqicgQ_reasonably_small





[size=15]Market News

Topics tagged under lka on FINANCIAL CHRONICLE™ 1f1f1-1f1f0



@MarketNewsLK[/size]


[/size]
[size=23][size=23]International financial institution confidence in #SriLanka banks grow, shrugging off naysayers with $115Mn in 4 mths

-Oct, IFC $50Mn equity to Commercial Bank

-Jan, IFC $25Mn loan to NTB

-Feb, U.S Int Development Finance Corp $40Mn loan to SDB Bank

#lka #economy
@an_cabraal[/size][/size]
Search in: CORPORATE CHRONICLE™  Topic: 30% Gain Possible Shares  Replies: 59  Views: 10001

ACL CABLES PLC (ACL.N0000) - Tue Dec 01, 2020 12:59 pm

ACL Cables wins Ariel Bundle Cable supply and distribution contract for 2,000Kms in Zone 2
[size=15]#SriLanka[/size] Cabinet decides

[size=15]#lka[/size] [size=15]#CabinetDecisions[/size] [size=15]#stocks[/size] [size=15]#StockMarket[/size]

https://twitter.com/MarketNewsLK/status/1333642652206546947?s=20
Search in: CORPORATE CHRONICLE™  Topic: ACL CABLES PLC (ACL.N0000)  Replies: 206  Views: 11882
Mr. X wrote:
shihan 93 wrote:Just for new comers:

The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.

[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today

So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain


Covid is already there with us from the beginning and it has become part of us. Since the testings are heavy these days, they identified more people. So there is nothing to be panic or get shock. live your life as past 3 months.. but follow the safety precautions to control the spread until vaccine comes.

be wise and trade with confident.

Mr. X , You think tomorrow and this week what will happen ?, What is your thought process
shihan 93 wrote:Just for new comers:

The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.

[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today

So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain


Covid is already there with us from the beginning and it has become part of us. Since the testings are heavy these days, they identified more people. So there is nothing to be panic or get shock. live your life as past 3 months.. but follow the safety precautions to control the spread until vaccine comes.

be wise and trade with confident.
RJ1010 wrote:
shihan 93 wrote:Just for new comers:

The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.

[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]


No community spread... the catch word these days 😄
God bless our health minister

@RJ1010 we all know covid is spreading fast, But if there isn't islandwide curfew, not any exponential growth in covid cases, Damage is minimum right ?
shihan 93 wrote:Just for new comers:

The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.

[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]


No community spread... the catch word these days 😄
God bless our health minister
shihan 93 wrote:Just for new comers:

The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.

[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today

So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain
Just for new comers:

The Hon. Minsiter of Health Pavithra Wanniarachchi reitarates that there is no community spread of the [size=15]#COVID19[/size] virus.

[size=15]#9thparliamentLK[/size] [size=15]#SLparliament[/size] [size=15]#LKA[/size] [size=15]#COVID19[/size]
Today

So if you just selling and going out of CSE,its a big lose for now, but if u buy low and sell moderately high its ur gain
Hi all,

[size=16]SriLanka's 'Game Changer' Exporter Reward Scheme to start from 1st Oct![/size]


[size=16]#lka Large-scale exporters with annual export turnover of over Rs.750Mn will be paid 2% of additional export earnings earned between 1 Oct 2020 & 31 Mar 2021. SMEs will get 3.5%[/size]


[size=16]Source - http://www.ft.lk/front-page/Rewards-scheme-from-1-Oct-to-boost-exports/44-706720[/size]
Search in: CORPORATE CHRONICLE™  Topic: SriLanka's 'Game Changer' Exporter Reward Scheme  Replies: 2  Views: 533
💥Singer Sri Lanka Group net profits soar 604% to Rs.366Mn in the worst #COVID19 hit Jun 2020 qtr, on cost control & reduction in net finance exp


🟢 TO up 1.2% to Rs.14Bn
🟢 Op exp down 20% to Rs2.4Bn
🟢 Net finance cost down 34% to Rs591Mn


#SriLanka #lka #StockMarket #stocks https://t.co/VI8R9xaU84
Search in: CORPORATE CHRONICLE™  Topic: SINGER SRI LANKA (SINS )BUY BACK OFFER @ RS.52  Replies: 6  Views: 1640

DIALOG AXIATA PLC (DIAL.N0000) - Tue Aug 04, 2020 10:04 pm

#SriLanka's telecommunications service provider, Dialog Axiata PLC posts PAT of Rs.2.3Bn for Jun 2020 qtr, recording a growth of 16%, on net finance income and net forex gains

TO down 3% to Rs.28.2Bn
Op profit down 26.5% to 2.5Bn

#SriLanka #lka #stocks #StockMarket https://t.co/qd4r7tvf95
Search in: CORPORATE CHRONICLE™  Topic: DIALOG AXIATA PLC (DIAL.N0000)  Replies: 17  Views: 2911

THE FINANCE COMPANY PLC (TFC.N0000) - Mon May 25, 2020 10:02 am

Cancellation of the licence of ‘The Finance Company PLC’ businesstribune.lk/2020/05/24/can… #BusinessNews #LKA #BankingNews #TheFinance #FinancialNews #Investments


The Finance Company PLC (TFC), is a Finance Company, carried its finance business activities under the Finance Business Act No. 42 of 2011 (FBA) and was severely impacted by the failure of a number of financial institutions within the Ceylinco Group in 2008. Since then, the financial status of the company deteriorated gradually, leading to a severe liquidity crisis.
All efforts made to revive the company through different strategies have failed and the continuity of current status will be further detrimental to the interest of the depositors and other stake holders of the company. Further, the depositors of TFC were unable to withdraw their money over the last fifteen months. 
As previously informed by the Press Release dated 23rd October 2019, The Monetary Board of the Central Bank of Sri Lanka (MB) issued a Notice of Cancellation (NOC) of the finance business licence issued to TFC, in terms of the powers vested under the FBA, with effect from 23rd October 2019, in order to safeguard the interests of the depositors and other stakeholders of TFC.
TFC had failed to tender a valid objection to the MB against such NOC within the stipulated time in terms of the provisions available in FBA. Accordingly, licence of TFC can be cancelled after 21st December 2019 onwards in terms of the FBA. However, upon the request of the company, the MB allowed TFC to call for a fresh round of Expression of Interests to Department of Supervision of Non-Bank Financial Institutions 22nd May 2020
identify a credible investor with valid proof funds and a viable business restructuring plan to revive the operations of the company but TFC failed to identify such investor up to date.
Therefore, the MB decided to cancel the finance business licence issued to TFC, in terms of the FBA with effect from 22nd May 2020. Accordingly, TFC is not permitted to engage in Finance Business under the FBA with effect from such date.
Further, the Director of the Department of Supervision of Non- Bank Financial Institutions of the Central Bank of Sri Lanka (CBSL) has decided to cancel the Certificate of Registration of TFC as a Registered Finance Leasing Establishment under the provisions of the Finance Leasing Act No. 56 of 2000.
The Sri Lanka Deposit Insurance and Liquidity Support Scheme of the CBSL will take necessary actions to pay compensation to the insured depositors under the applicable laws and regulations which would facilitate to settle 93% of the company’s total depositors in full (135,100 depositors out of 145,172 total depositors), while each of the remaining 7% depositors (10,072 depositors) will also receive Rs.600,000/-as a part of their deposit amount and the remaining balance may be able to recover in the process of liquidation subject to the priority of claims. Further information regarding the payment of compensation will be communicated in due course.
For further clarifications;

InstitutionPurposeTelephone
Numbers
Email addresses
Department of Supervision of Non-Bank Financial InstitutionsCancellation of the licence011 2477573
011 2477229
011 2477504
snbfi_query@cbsl.lk
Resolution and Enforcement DepartmentPayment of compensation under Deposit Insurance011 2398788 dred@cbsl.lk
The Finance Company PLCDeposits011 2557888
011 2580210
 info@thefinance.lk
 Pawning Advances obtained from the company071 1359248 
 Other facilities obtained from the company071 4086248
071 1864361
Search in: CORPORATE CHRONICLE™  Topic: THE FINANCE COMPANY PLC (TFC.N0000)  Replies: 16  Views: 2889

CSE should be kept closed! - Sun Mar 29, 2020 6:15 pm

In view of the extension of the curfew by the Government, the Colombo Stock Exchange (CSE) has decided that the CSE will remain closed for Trading on Monday, 30th March 2020.
 
Accordingly, 30th March 2020 will be considered as a market holiday.#lka
Search in: CORPORATE CHRONICLE™  Topic: CSE should be kept closed!  Replies: 110  Views: 10011

COVID19: Latest Updates - Wed Mar 18, 2020 3:50 pm

roshan1039 wrote:
ChooBoy wrote:CORONA CURFEW - Coming So

Spreading disinformation, subject to legal action

Curfew Alert❗ 
Police curfew declared within Puttalam district & Kochchikade police area from 4.30 pm today until further notice (below areas) 👇 - Police media.
#COVID19 #LockDownSriLanka #LockdownSL #CoronavirusOutbreak #lka #SriLanka #CoronaVirus
Search in: CORPORATE CHRONICLE™  Topic: COVID19: Latest Updates  Replies: 143  Views: 10011

Search found 33 matches for lka

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