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Tag: Colombo Stock Exchange

Laugfs Gas restructures to create opportunities for investors and foster growth
Business

Laugfs Gas restructures to create opportunities for investors and foster growth

07/03/20183 min read

Sri Lanka’s a Laugfs Gas PLC announced a strategic restructuring to consolidate dominance in energy operations and create opportunities for investors to invest in individual

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Hayleys posts strong nine-month topline growth, turnover up 37%YoY to Rs. 112.3 Bn
Business

Hayleys posts strong nine-month topline growth, turnover up 37%YoY to Rs. 112.3 Bn

13/02/20183 min read

Strong top line performances across the Hayleys Group and the addition of recent strategic acquisitions resulted in a 37% YoY increase in turnover up to

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IFC, partners strengthen corporate governance practices in Sri Lankan family-owned businesses
Business

IFC, partners strengthen corporate governance practices in Sri Lankan family-owned businesses

29/11/20172 min read

International Finance Corporation (IFC), a member of the World Bank Group, along with the Sri Lanka Institute of Directors (SLID) and the Colombo Stock Exchange

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Foreign investment in the Sri Lanka Stock Market hits an all-time high in 2017
Business

Foreign investment in the Sri Lanka Stock Market hits an all-time high in 2017

23/11/20173 min read

In what continues to be a promising year for foreign investor involvement in the stock market, 2017 has recorded an all-time high in foreign purchases

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Colombo Stock Exchange and Korea Exchange agree to pursue mutual development
Business

Colombo Stock Exchange and Korea Exchange agree to pursue mutual development

22/11/20172 min read

The Colombo Stock Exchange (CSE) and Korea Exchange (KRX) announced the signing of a memorandum of understanding (MoU) to establish a collaborative relationship focused on

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Sri Lanka’s Renuka Hotels commences trading at Colombo Stock Exchange
Business

Sri Lanka’s Renuka Hotels commences trading at Colombo Stock Exchange

21/11/20171 min read

Renuka Hotels Limited commenced trading on the Colombo Stock Exchange (CSE) today and the occasion was marked through a bell ringing ceremony hosted by the

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Sri Lanka’s RIL Property acquires 30-pct stake in United Motors Lanka
Business

Sri Lanka’s RIL Property acquires 30-pct stake in United Motors Lanka

14/11/20172 min read

RIL Property PLC announced on the Colombo Stock Exchange that it acquired a 30 percent stake in United Motors Lanka PLC from the latter’s major

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Commercial Bank posts typically robust 9-month results
Business

Commercial Bank posts typically robust 9-month results

14/11/201714/11/20175 min read

The Commercial Bank of Ceylon has reported profit of Rs 19.718 billion before VAT and NBT on financial services for the nine months ending 30th

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Sri Lanka’s Aitken Spence second quarter profits up by 15-pct
Business

Sri Lanka’s Aitken Spence second quarter profits up by 15-pct

07/11/20172 min read

Aitken Spence PLC posted Rs. 1.12 bn as profits before tax in the three months ended 30th September, an increase of 15.4% year-on-year. Profits attributable

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Sri Lanka maintains policy rates, current monetary policy stance is appropriate
Business

Sri Lanka maintains policy rates, current monetary policy stance is appropriate

07/11/20172 min read

Sri Lanka’s Central Bank releasing the monetary policy review on Tuesday said considering developments in the domestic and international macroeconomic environment it has decided to

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