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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

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

byFaraz Shauketaly07/03/2018
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

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

byFaraz Shauketaly13/02/2018
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

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

byFaraz Shauketaly29/11/2017
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

In what continues to be a promising year for foreign investor involvement in the stock market, 2017 has recorded an…

byFaraz Shauketaly23/11/2017
Colombo Stock Exchange and Korea Exchange agree to pursue mutual development
BUSINESS

Colombo Stock Exchange and Korea Exchange agree to pursue mutual development

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

byFaraz Shauketaly22/11/2017
Sri Lanka’s Renuka Hotels commences trading at Colombo Stock Exchange
BUSINESS

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

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

byFaraz Shauketaly21/11/2017
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

RIL Property PLC announced on the Colombo Stock Exchange that it acquired a 30 percent stake in United Motors Lanka…

byFaraz Shauketaly14/11/2017
Commercial Bank posts typically robust 9-month results
BUSINESS

Commercial Bank posts typically robust 9-month results

The Commercial Bank of Ceylon has reported profit of Rs 19.718 billion before VAT and NBT on financial services for…

byFaraz Shauketaly14/11/201714/11/2017
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

Aitken Spence PLC posted Rs. 1.12 bn as profits before tax in the three months ended 30th September, an increase…

byFaraz Shauketaly07/11/2017
Sri Lanka maintains policy rates, current monetary policy stance is appropriate
BUSINESS

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

Sri Lanka’s Central Bank releasing the monetary policy review on Tuesday said considering developments in the domestic and international macroeconomic…

byFaraz Shauketaly07/11/2017

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