Category Archives: Business News

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

Textured Jersey Lanka PLC going to acquire Ocean India (Pvt) Ltd and Quenby Lanka Prints (Pvt) Ltd
Business News

Textured Jersey Lanka PLC going to acquire Ocean India (Pvt) Ltd and Quenby Lanka Prints (Pvt) Ltd

The Board of Directors of Textured Jersey Lanka PLC (‘TJL’) has decided to initiate an independent valuation and due diligence …Read the Rest

IFC Completes Subscription of Shares in Cargills Foods Company (Privates Limited. Subsidiary of Cargills (Ceylon) PLC
Business News

IFC Completes Subscription of Shares in Cargills Foods Company (Privates Limited. Subsidiary of Cargills (Ceylon) PLC

The following announcement is made in accordance with Section 8.1 of the Listing Rules of the Colombo Stock Exchange By …Read the Rest

Employee Share Option Schemes for the Month of January, 2015 in Colombo Stock Exchange
Business News

Employee Share Option Schemes for the Month of January, 2015 in Colombo Stock Exchange

The following voting shares were listed during the period 1st January 2015 to 31st January 2015 consequent to the exercising …Read the Rest

New Chairman and Director General for Urban Development Authority
Business News

New Chairman and Director General for Urban Development Authority

Change the Position of Chairman and Director General – Urban Development Authority We wish to inform you that the Chairman …Read the Rest

Dr. T. Senthilverl Left Vidullanka PLC
Business News

Dr. T. Senthilverl Left Vidullanka PLC

M&S Announces to CSE that Dr. T. Senthilverl has sold his 15.348% stake of Vidullanka PLC to Aberdeen Holdings (Pvt) …Read the Rest

ECL Soft (Pvt) Ltd Jointed with E-Channeling PLC
Business News

ECL Soft (Pvt) Ltd Jointed with E-Channeling PLC

Further to the previous announcement made on the 22nd day of January 2015, with reference to the amalgamation of ECL …Read the Rest

M.R Ramanan Acquire 10% of Millennium Housing Developers Plc
Business News

M.R Ramanan Acquire 10% of Millennium Housing Developers Plc

The Millennium Housing Developers Plc stated to Colombo Stock Exchange that M.R Ramanan Acquire 10% of Millennium Housing Developers Plc …Read the Rest

Is 15% interest rate for Senior Citizens’ Deposit is active in Sri Lanka? ( Highest Interest Rate Earnings in Sri Lanka at the Moment)
Banks, Credit Cards, Loans, Leasing, Vechile Hire purchases

Is 15% interest rate for Senior Citizens’ Deposit is active in Sri Lanka? ( Highest Interest Rate Earnings in Sri Lanka at the Moment)

There were many confusion over 15% interest for senior citizens’ deposits, where the Sri Lanka Banks’ Association (SLBA) stated that …Read the Rest

Sri Lanka expectes to cross 2 million tourist arrivals in 2015: Sri Lanka Tourist Promotional Bureau Chairman
Business News

Sri Lanka expectes to cross 2 million tourist arrivals in 2015: Sri Lanka Tourist Promotional Bureau Chairman

Respected marketer and business personality Rohantha Athukorala has been appointed as the Chairman of the Sri Lanka Tourist Promotional Bureau …Read the Rest

TV programme ‘Bachelor’ (French version) Shooting expected to be in Sri Lanka for Episode 9-10
Business News

TV programme ‘Bachelor’ (French version) Shooting expected to be in Sri Lanka for Episode 9-10

The New Tourism and Sports Minister Navin Dissanayake has invited the leading French TV channel NT 1 from France to …Read the Rest

Colombo Stock Exchange Trade Summary – 10th February 2015
Business News

Colombo Stock Exchange Trade Summary – 10th February 2015

Colombo Stock Exchange (CSE) publish their trade summery for the 10th February 2015, see below key information of Colombo Stock …Read the Rest

Queen Mary 2 Cruise arrive to Colombo Sri Lanka
Business News

Queen Mary 2 Cruise arrive to Colombo Sri Lanka

RMS Queen Mary 2, the flagship of Cunard Line, arrived in Colombo on Friday, February 6, 2015. The vessel is …Read the Rest

Colombo Stock Exchange Trade Summary – 9th February 2015
Business News

Colombo Stock Exchange Trade Summary – 9th February 2015

Colombo Stock Exchange (CSE) publish their trade summery for the 9th February 2015, see below key information of Colombo Stock …Read the Rest

Sri Lanka Holidays tour – Places to see in Sri Lanka
Business News

Sri Lanka Holidays tour – Places to see in Sri Lanka

Think Sri Lanka and some of the things that come to mind are Asian elephants and Ceylon tea. Delve deeper …Read the Rest

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