Sri Lanka wants Chinese to follow the Great Admiral

Sri Lanka wants Chinese to follow the Great Admiral Sri Lanka Tourism is planning to attract Chinese...

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Sri Lanka receives 85,874 tourists in January

Sri Lanka receives 85,874 tourists in January Sri Lanka has received 85,874 tourists to the...

 

Archive for ‘March, 2011’

Foreign investors become net buyers at the CSE

Foreign investors become net buyers at the CSE

The All Share Price Index is continuing its losing trend and saw closing the days trading with a downfall of 0.46%.
The MPI also declined by 0.92%.
Retail investors continued to be more active compared to Institutional
investor during today’s trading session.
Foreign investors settled down to become net buyers generating a net foreign inflow of Rs. 692.4 million.
Price [...]

March inflation rise

March inflation rise

Sri Lanka’s March inflation jumped to 8.6% from February’s 7.8%.
The year on year average inflation too has edged up by a basis point to stand at 6.2%.
During March 2010 the country’s inflation stood at 6.3%.

US & China Business groups in Sri Lanka

US & China Business groups in Sri Lanka

Two Business delegations from USA and China are currently in Sri Lanka, exploring business opportunities in the country.
Both teams met President Mahinda Rajapaksa yesterday on separate occasions.
The US delegation comprises executives from firms such as Boeing, Caterpillar, Marriot International, John Deer and Coca Cola.
The US delegation also attended a luncheon meeting in Colombo today, which [...]

Virtual agency launches campaign in Singapore

Virtual agency launches campaign in Singapore

Triadhot.com, a part of the local Triad agency has launched its first ever fully integrated campaign in Singapore.
The 360 degree campaign carried out for one of its clients consist of print, digital and outdoor executions as well as BTL material and activations.
The advertisement created by triadhot.com has appeared on the newspapers and magazines in Singapore, [...]

Sri Lanka January Exports reach record levels

Sri Lanka January Exports reach record levels

Sri Lanka’s January exports have grown by 72.4% year on year to record the best ever monthly performance to earn US$ 813 million.
This has been backed by significant increases in exports of textiles and garments and rubber products.
Garment sector exports during January have increased by 121.9% year on year to earn US$ 385 million.
Rubber based [...]

Net foreign outflow in the CSE, does not mean the money going out: Dheerasinghe

Net foreign outflow in the CSE, does not mean the money going out: Dheerasinghe

Sri Lanka says, even though its Colombo Stock Exchange is experiencing a net foreign outflow as of now, it does not mean that the money is going out of the country.
The Colombo Stock Exchange has experienced a net foreign outflow of Rs. 7.8 billion up to date during this year, with January and February recording [...]

CSE continues the downward trend

CSE continues the downward trend

The Colombo Stock Exchange saw its All Share Price Index declining by 0.21% to end the day at 7,192 points while the MPI declined by 0.08% to finish at 6,811 points.
Retail investors were more active in today’s trading and certain Banking sector counters gained attention.
Foreign buying recorded a net foreign outflow of Rs. 93.4 million.
115 [...]

President at R. Premadasa stadium

President at R. Premadasa stadium

President Mahinda Rajapaksa was among the thousands of fans who gathered at the R. Premadasa stadium to watch the 1st semi-final game between Sri Lanka and New Zealand, which took place yesterday.
The game saw Sri Lanka overcoming some troubled moments to book their place in the final match of the world cup, which will take [...]

NIBM to start masters programs

NIBM to start masters programs

Sri Lanka’s National Institute of Business Management is planning to launch three master’s programs in collaboration with Ireland’s Dublin University.
The NIBM says it will launch master’s programs covering Management, Finance and Human Resource Management.
Currently a team from NIBM is in Ireland to sign the MOU with the University College of Dublin towards commencing the Master’s [...]

Sri Lanka’s Treasury bill yield remains flat

Sri Lanka’s Treasury bill yield remains flat

Sri Lanka saw its 3 month and the 01 year Treasury bill rates remaining flat as the last week’s rate, at the weekly Treasury bill auction held today.
Accordingly, the 03 month rate remained at 6.98% while the 01 year rate remained at 7.30%.
The 06 month rate edged up by just 02 basis points to stand [...]

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