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Category: Colombo Stoke Exchange [CSE] Today

  • Srilanka Waterfront Project continue as Cinnamon Life

    John Keells Holding PLC’s subsidiary project of Waterfront has been renamed  as “Cinnamon Life” and continue their project as planned. The project is expected to restrict the ability to rent space for gaming activities but it is to developed as both residential and commercial space with iconic design which believes would transform the landscape of…

  • New Price of Hybrid electric Car in Sri Lanka- After Budget

      Vehicle Importers Association Chairman Mahinda Sarathchandra stated to media that prices of vehicles below 1000 cc would come down only by Rs. 25, 000 in the wake of the 15% tax reduction announced in Thursday’s mini budget while all hybrid cars would go up by as much as Rupees one million. The custom duty…

  • Lake House Media Library – News from 1832 to now

    Unearth the facts, the writings, the images of events and people of Sri Lanka in the 20th Century, and even before, in the foremost media library. Use our collection of: Newspaper and periodical hard copy archives from 1832 and digital copies of all ANCL publications since 2012 Photocopies and soft copies of news articles and…

  • Kalpitiya to become a tourist destination

    Kalpitiya area will be developed as a tourist destination, Wayamba Development Authority Chairperson stated recently. He said Kalpitiya and Arugambay are two of the most beautiful beaches in the world. Wayamba is still at basic; level and much more have to improve in the tourism industry of the area. Three tourist information centres are located…

  • Hayleys to venture into instant tea

    Hayleys PLC, through its subsidiary Kelani Valley Plantations PLC is to venture into the instant tea market. Dipped Products PLC a subsidiary of Hayleys announced that Kelani Valley Plantations has set up a new company, Hayleys Global Beverages Ltd ( HGBL) to process and manufacture Ready to Drink Tea (RDT).  

  • Commercial Bank begins renovation of Sri Pada steps – as CSR Activity

    The Commercial Bank has begun work on renovating two sections of the steps to the summit of Sri Pada for the benefit of thousands of pilgrims who make the trek up Sri Lanka’s holy mountain. The Bank’s CSR Trust has allocated substantial funds for the project, which entails repairs to the steps between lamp posts…

  • John Keells Hotels looking forward to starts up a Hotel in Nuwara Eliya

    John Keells Hotels is currently looking forward an options of opening a property in Nuwara Eliya. It was pointed out that they were looking for expansion into the hills with a hotel project but there were no more details has been released. The hotels sector of the Keells group has no presence at present in…

  • Is Cargills Beer going out from Beer Business

    In December 2011, Chairmen of Cargills Group made a speech in Srilanka Foundation, that the company is looking to the businesses of Banking and the Breweries. and he  stated that he liked more to diversified their businesses according to the consumer needs and he do explained about the success of Cargills Foodcity and the theme name of…

  • Central Bank of Sri Lanka Licensed Commercial Banks, Special Banks and Finance Company – Name List attached

    The Central Bank is authorized to regulate and supervise the below named institutions in order to promote prudence in their business operations and thereby safeguard the deposits of the public. However, the Central Bank does not have legal authority to guarantee deposits or assure that any such institution will never fail. The Central Bank has…

  • Micro IPO for Rs 1.5Billion

    Sri Lanka’s only car manufacture, Micro Care Limited is to float at an Initial Public Offering to raise Rs. 1.5 billion. This is to raise funds for their proposed car assembly factory which is being built at Hambantota. “We have obtained all the necessary approvals to launch this IPO, said Chairman CEO, Micro Cars, Dr.…