Structural changes at Sri Lanka Tourism »
Sri Lanka Tourism has brought in structural changes to the organization through internal transfers of key executives. Accordingly Dilip Mudadeniya who was the Managing Director of the Sri Lanka...
Sep 3 2010 / Comments (0) / Read More »Price Band lifts Market turnover, says SEC »
Following the 10% price band imposed on CSE trading, the average daily turnover of the Colombo Stock Exchange has increased, says the regulator. According to SEC, following the band...
Sep 3 2010 / Comments (0) / Read More »CSE continue to gain »
The All Share Price Index gained 94.88 points to close the day at 5785.17 points while the Milanka Price Index gained 52.20 points to end the days trading...
Sep 2 2010 / Comments (0) / Read More »Sri Lankan marks 31 and ready to transform »
Sri Lankan Airlines today announced that it is planning to come out with wide ranging expansion projects, thus helping the entity to become a profit making venture from...
Sep 2 2010 / Comments (0) / Read More »Chinese delegates meet President »
A high-level delegation from Yunnan province of China headed by the Governor of the Province, Qin Guangong met President Mahinda Rajapaksa today at Temple Trees. They were on a...
Sep 2 2010 / Comments (0) / Read More »Virtusa featured in GS 100 list »
Virtusa Corporation a Global IT services company has been included in the 2010 Global Services 100 list. The selection puts Virtusa as one out of top 100 ITO-BPO services...
Sep 2 2010 / Comments (0) / Read More »India’s focus on Sri Lanka’s North »
India’s Foreign Secretary Nirupama Rao today ended her 2 day fact finding mission to Sri Lanka which primarily focused on the Northern region. Rao during her 2 day mission...
Sep 1 2010 / Comments (0) / Read More »CSE »
The CSE today ended the day on a positive ground with the Main index, the ASPI gaining 32.28 points while the MPI closing the day with 20.16 points...
Sep 1 2010 / Comments (0) / Read More »T-bills rates further down »
Treasury bill rates continue to slide down further with the 1 year rate at the weekly auction held today declining to 7.87% from last weeks 8.08%. The 3 month...
Sep 1 2010 / Comments (0) / Read More »
Interviews
Lanka IOC expands to capture future potential
Lanka IOC says selling petroleum fuel items below cost is putting pressure on the company’s financial situation and urges the government to intervene to revise the petroleum prices. Its Managing Director Suresh Kumar in an interview with www.news360.lk said the situation...
Aug 16, 2010 / More »Economic Outlook
SL to transform from a “deficit economy” to a “surplus economy”: Jayasundera
Sri Lanka’s top bureaucrat, Finance Secretary Dr. P. B. Jayasundera request the country’s monetary officials to get ready to handle the challenges of a “surplus economy” from handling of the current “deficit economy”. Jayasundera who was delivering the diamond jubilee oration...
Aug 28, 2010 / More »In Depth
Ex-Combatants successfully manufacturing garments for global brands
Top garment exporter Brandix says ex-tiger combatants recruited by the company to work in its eastern factory is shaping up very well in their new roles as “manufacturers of clothing items” for international brands. Theodore Gunasekera the General Manager of the...
Jul 22, 2010 / More »Executive Focus
A Fund Manager’s perspective: Post war Sri Lanka
By: S. Jeyavarman: The Sri Lankan story is unique. A small country with a population of around 20 million people witnessed devastating internal war for over 26 years which came to an end in May 2009. Over the years enormous resources were...
Sep 1, 2010 / More »
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