The positive trend in the market continued today as well amidst the news of the resignation of the SEC chairperson Mrs. Indrani Sugathadasa.
Sugathadasa told News360.lk “Having considered the unfolding circumstances I decided to tender my resignation”
According to the brokers, the market continued with speculative trading.
DFCC buying 9.9% of the NTB shares boosted the turnover which [...]
December 1, 2011 6:25 PM | Posted in
Markets,
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Sri Lanka’s Bank of Ceylon’s ongoing debenture issue has been oversubscribed with bids received so far running over Rs. 5 billion by this evening.
The Bank started the debenture issue on Tuesday.
BOC , initially decided to raise Rs. 4 billion, but announced this morning that it will go up to Rs. 5 billion as planned earlier, [...]
December 1, 2011 4:59 PM | Posted in
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Sri Lankan Government has approved a move by a Pakistani firm to start a Cement Grinding Plant at Hambantota Port.
Accordingly, the Cabinet of Ministers has approved the proposal forwarded by Pakistan’s Thatta Cement Company.
Apart from the approval to start the cement manufacturing plant, the Cabinet of Ministers in an earlier occasion has approved the establishment [...]
December 1, 2011 2:19 PM | Posted in
Economy |
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Sri Lanka’s Securities and Exchange Commission’s Chairperson Mrs. Indrani Sugathadasa has tendered her resignation from the post.
Mrs. Sugathadasa confirmed this to News360.lk
She said “Having considered the unfolding circumstances I decided to tender my resignation”
The letter has been handed over to the Treasury Secretary P.B. Jayasundera.
December 1, 2011 12:46 PM | Posted in
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A Tea Broker says despite the production shortfall, Sri Lanka’s 2011 tea export earnings is expected to reach US$ 1.5 billion, compared to last year’s US$ 1.4 billion.
Already the earnings during the first eight months of this year have risen by 3.1% year on year to reach US$ 973.1.
John Keells Tea Brokers says this is [...]
December 1, 2011 12:08 PM | Posted in
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A 30 year old Sri Lankan, who was working in a shop in Liverpool, UK has been killed on Tuesday night, a media report said.
Police has found the person collapsed inside the shop where he was working and has died at Whiston hospital a short time later.
The report says detectives are studying CCTV footage which [...]
December 1, 2011 10:18 AM | Posted in
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