Defense Secretary Gotabaya Rajapaksa’s son Manoj Rajapaksa got married to his fiancée Sewwandi Liyanaarachchi on Thursday.
The wedding ceremony took place in Colombo amidst a large gathering which included VIP’s and VVIP’s.
Here we bring out the pictures of the couple and the event released by the Presidents media unit.
Gotabaya Rajapaksa played an instrumental role during [...]
June 30, 2011 11:29 PM | Posted in
Photo Gallery |
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The market continued its downward movement with the ASPI losing 0.76% while the MPI too lost ground by 1.32%.
Lackluster performance was seen in the overall market except for a few blue chips such as AHUN & Distilleries.
Foreign investors were on the selling side posting a net foreign outflow of Rs. 234.08 million.
127 counters saw price [...]
June 30, 2011 6:36 PM | Posted in
Markets,
Stock Market |
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Sri Lanka’s year on year inflation during the month of June has slowed down to 7.1%.
During the month of May the inflation stood at 8.2% and in April it was at a high of 8.9% caused by seasonal demand.
The annual average inflation during June stood at 6.7% up by a basis point from 6.6% remained [...]
June 30, 2011 5:55 PM | Posted in
Economy |
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Sports Minister Mahindananda Aluthgamage says Sri Lanka wants to be an inspiration for the emerging nations to host the Commonwealth Games in their respective countries, by hosting the 2018 Games in Hambantota.
“We want to inspire them to do so, so they too can secure the legacy benefits for their country and people.” added the sports [...]
June 30, 2011 3:00 PM | Posted in
Other,
Sports |
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The Central Finance Company PLC has appointed 3 new members to the company’s Board of Directors with effect from 1st July 2011.
Among the appointees are Chandima Jayasuriya, Chairman and MD of the Finlays Colombo PLC, Dhammika Prasanna De Silva, General Manager Credit of Central Finance Company PLC and Sunil Wickrmasinghe Chairman of Milco (Pvt) Limited.
The [...]
June 30, 2011 11:26 AM | Posted in
Business & Finance |
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CEYLON INVESTMENT PLC
• CINV recorded a YoY decrease in revenue of 48% to LKR 161mn for Q4 11
• Profit on portfolio activities decreased 83% YoY to LKR 5mn (Q4 10 – LKR 342mn)
• Net profit for Q4 11 decreased 33% YoY to LKR 97mn (Q4 10- LKR 145mn)
• Net profit growth for FY 2011 recorded [...]
The proposed Rs. 1 billion subordinated debenture of the DFCC Vardhana Bak has been rated at ‘A+(lka)’ by Fitch Ratings.
The agency has simultaneously affirmed DVB’s National Long-term rating at ‘AA-(lka)’ with a “Stable Outlook”.
The proposed debt issue ranges from 5 to 7 years and will have both fixed and floating coupon rates and the Capital [...]
June 30, 2011 8:14 AM | Posted in
Markets |
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Sri Lanka today permitted its public to use the Chinese currency “Renminbi” for all permitted international transactions they conduct in the country.
Central Bank says the emergence of China as a leading player in international trade, investments and foreign reserves was one of the reasons for accepting “Renminbi” as a currency to conduct international transactions in [...]
June 29, 2011 10:49 PM | Posted in
Economy |
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The Colombo Stock market witnessed renewed interest from institutional investors during the day with many crossings taking place.
Large quantities of shares of Distilleries, DIMO and Aitken Spence etc. changed hands during the day.
ASPI gained 15.33 points to end the day at 6,878 points.
However, the MPI dipped by 10.47 points to close at 6,385 points.
Price losers [...]
June 29, 2011 5:54 PM | Posted in
Markets,
Stock Market |
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The Vallibel One Limited’s IPO has been oversubscribed by nearly 12 times thus bringing the total value of the applied shares to Rs. 6.17 billion.
Out of the total applied value, Rs. 3.88 billion has been submitted in the form of Bank guarantees while just over Rs. 2.29 billion has come in the form of Bank [...]
June 29, 2011 2:36 PM | Posted in
Markets,
Stock Market |
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