Category Archives: Business News

Bank of Ceylon Branch to be open in Bangalore in India
Banks, Credit Cards, Loans, Leasing, Vechile Hire purchases

Bank of Ceylon Branch to be open in Bangalore in India

Bank of Ceylon is planning to open their second overseas branch in India this year. This will be in Bangalore. …Read the Rest

Government to develop a new national policy for tourism industry
Business News

Government to develop a new national policy for tourism industry

Plans are under way to prepare a new national policy for the tourism industry in Sri Lanka, Tourism and Sports …Read the Rest

Indian Government will build 4000 houses for plantation workers
Business News

Indian Government will build 4000 houses for plantation workers

The construction of 4,000 housing units for needy families in the Plantation Sector, sponsored by the Indian Government, is slated …Read the Rest

Central Bank News Alerts on mobile for Dialog Customers
Business News

Central Bank News Alerts on mobile for Dialog Customers

If you’re a dialog customer Type “REG CBSL” Send to 77000 to subscribe to the SMS news Alerts on the …Read the Rest

New Board of Directors for the Lanka Hospitals Corporation PLC
Business News

New Board of Directors for the Lanka Hospitals Corporation PLC

Lanka Hospitals Corporation PLC announces their new Directors appointed to the Board of The Lanka Hospitals Corporation PLC, effective from …Read the Rest

Malaysia Keen on Bidding for Northern Highway of Sri Lanka on Build Operate & Transfer Basis
Business News

Malaysia Keen on Bidding for Northern Highway of Sri Lanka on Build Operate & Transfer Basis

Dato’ Seri S. Samy Vellu who is the Senior-Ministerial ranked Malaysia’s Special Envoy of Infrastructure for India and South Asia …Read the Rest

Central Bank of Sri Lanka waiting for right time to rise up to US $1.5billion bond
Business News

Central Bank of Sri Lanka waiting for right time to rise up to US $1.5billion bond

Sri Lanka Central Bank Governor Arjuna Mahendran said to news that the Sri Lanka is waiting for the right time …Read the Rest

Thousand public locations to get free Wi-Fi in Sri Lanka
Business News

Thousand public locations to get free Wi-Fi in Sri Lanka

The Information and Communications Technology Agency (ICTA), which implements the government’s ICT policies, will be launching the ‘Free Wi-Fi’ project …Read the Rest

Hayleys PLC debentures Allotments
Business News

Hayleys PLC debentures Allotments

Hayleys PLC announces to Colombo Stock Exchange that the Board of Directors of Hayleys PLC has decided to allot the …Read the Rest

Renuka Agri Foods PLC Invest Rs. 609 Million on Renuka Organics (Pvt) Ltd
Business News

Renuka Agri Foods PLC Invest Rs. 609 Million on Renuka Organics (Pvt) Ltd

Renuka Agri Foods PLC  inform to Colombo Stock Exchange that the company has invested in 4,350,000 Ordinary Shares of its …Read the Rest

Colombo Stock Exchange open its Social Media engagement in Face book and Linked in
Business News

Colombo Stock Exchange open its Social Media engagement in Face book and Linked in

The Colombo Stock Exchange (CSE) today announced the launch of Facebook and LinkedIn Pages to ensure greater engagement with stakeholders …Read the Rest

DFCC Vardhana Bank PLC Dividend Announcement
Business News

DFCC Vardhana Bank PLC Dividend Announcement

DFCC Vardhana Bank PLC announce their Dividend on 2nd March 2015 at Colombo Stock Exchange with below statement, This is …Read the Rest

Hayleys PLC issue of 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 100/. Each
Business News

Hayleys PLC issue of 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 100/. Each

Hayleys PLC announced to Colombo Stock Exchange about their 20,000,000 senior, unsecured, listed, redeemable, rated debentures of LKR 1000/- Each …Read the Rest

Marawila Resorts PLC Rights Issues for 122,500,000 Shares for 1:1
Business News

Marawila Resorts PLC Rights Issues for 122,500,000 Shares for 1:1

Marawila Resorts PLC announced to Colombo Stock Exchange that the Board of Directors of Marawila Resorts PLC at a meeting …Read the Rest

Browns Investments PLC Acquired fully (95%) of FLC Joint Venture Company (Pvt) Ltd
Business News

Browns Investments PLC Acquired fully (95%) of FLC Joint Venture Company (Pvt) Ltd

Browns Investments PLC announced to Colombo Stock Exchange that that Browns Investments PLC has acquired 50,000,000 shares of F L …Read the Rest

Hemas Going for Right Issues of 57,254,513 ordinary shares (1:9)
Business News

Hemas Going for Right Issues of 57,254,513 ordinary shares (1:9)

Hemas Holding PLC announced to the Colombo Stock Exchange that the company is proposed to issue of 57,254,513 ordinary shares …Read the Rest

John Keells Holdings PLC Terminates Fitch Ratings for John Keells Holdings
Business News

John Keells Holdings PLC Terminates Fitch Ratings for John Keells Holdings

John Keells Holdings PLC stated to the Colombo Stock Exchange that the Company has informed Fitch Ratings Lanka Limited (“Fitch”) …Read the Rest

First Capital Treasuries Limited Debenture Issue – Listed Today
Business News

First Capital Treasuries Limited Debenture Issue – Listed Today

Colombo Stock Exchange (CSE) announces that they were listed the First Capital Treasuries Limited Debenture Issue from today 3rd march …Read the Rest

Bieco Link Carbons [Pvt) Ltd Becomes Adam Carbons (Pvt] Ltd
Business News

Bieco Link Carbons [Pvt) Ltd Becomes Adam Carbons (Pvt] Ltd

PCH Holding announce to CSE that the Bieco Link Carbons [Pvt) Ltd a fully owned subsidiary of PCH Holdings PLC …Read the Rest

USD 5 billion from IMF to pay off Chinese loans
Business News

USD 5 billion from IMF to pay off Chinese loans

The Sri Lankan government will approach global lenders including the World Hank and the International Monetary Fund (IMF) to borrow …Read the Rest

Ramayanaya tour in Sri Lanka
Airlines, Flights, Air Fares, Seats, Tickets

Ramayanaya tour in Sri Lanka

The Ramayanaya trail will be re – launched by the Sri Lanka Convention Bureau together with SLTPB and Srilankan Airlines …Read the Rest

CCTV cameras in all buses in Sri Lanka (CTB and Private Buses)
Business News

CCTV cameras in all buses in Sri Lanka (CTB and Private Buses)

The Transport Ministry is making arrangements to set up CCTV cameras in all private buses and Ceylon Transport Board (CTB) …Read the Rest

Rs. 212 Million fine on power pirates last year
Business News

Rs. 212 Million fine on power pirates last year

The Ceylon Electricity Board (CRB) collected Rs. 212 million as fines from power pirates during raids conducted last year, Power …Read the Rest

Colombo Stock Exchange Trade Summary – 26th February 2015
Business News

Colombo Stock Exchange Trade Summary – 26th February 2015

Colombo Stock Exchange (CSE) publish their trade summery for the 26th February 2015, see below key information of Colombo Stock …Read the Rest

Senior Citizen Fixed Deposits new interest rates, Deposits Less than 1 Million 15% and Deposits Less than 2.5 Million 12% per Annum – Confirmed by Central bank of Sri Lanka
Banks, Credit Cards, Loans, Leasing, Vechile Hire purchases

Senior Citizen Fixed Deposits new interest rates, Deposits Less than 1 Million 15% and Deposits Less than 2.5 Million 12% per Annum – Confirmed by Central bank of Sri Lanka

Central Bank of Sri Lanka has said that it had instructed all the banks to allow senior citizens who are …Read the Rest

Free Wi-Fi access in Sri Lanka Railways Station for rail passengers
Business News

Free Wi-Fi access in Sri Lanka Railways Station for rail passengers

Railway passengers in Sri lanka would be able to enjoy free Wi-Fi facilities at some 100 selected railway stations in …Read the Rest

Hybrid vehicles Relief (No New tax for Hybrid vehicles till March 16) for those who Open LC
BMW

Hybrid vehicles Relief (No New tax for Hybrid vehicles till March 16) for those who Open LC

The Government has provided conditional relief to individuals who had opened Letters of Credit to import hybrid vehicles before the …Read the Rest

AIA Insurance Lanka PLC Scrip Dividend – 1:40 Ordinary Shares
Business News

AIA Insurance Lanka PLC Scrip Dividend – 1:40 Ordinary Shares

CSE announced that the 749,370 ordinary voting shares were listed with effect from 9th February 2015, pursuant to a Scrip …Read the Rest

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