SynergyY

Category: Colombo Stock Exchange Trade Summary

  • National Development Bank (NDB) Debenture issue is Oversubscribed

    National Development Bank (NDB) Announces that an issue of 50’000,000 Basel iii compliant – Tier 2 listed rated unsecured subordinated Redeemable debentures with a non – viability conversion (Debentures), at the par value of LKR 100/- each to raise LKR 5,000,000,000/- . With the prevailing economic situation, investment avenues are narrows and Central Bank of…

  • Central Bank of Sri Lanka Issues New Coins for Year 2019

    Central Bank of Sri Lanka Issues New Coins of Rs. 10, Rs. 5, Rs. 2 and Rs.1 made of stainless steel for the transection from 1st January 2019. Now you can obtain these coins from any commercial bank branch and can be used for payments amongst other currency notes and coins in circulation. Reasons for…

  • Sri Lanka’s first pharma zone to open with US$ 10 million investment

    I The Stale Pharmaceuticals Manufacturing Corporation of Sri Lanka (SPMC) and Pharma Zone (Pvt) Ltd entered into an agreement on January 8, 2018, to build the first ever exclusive pharmaceutical manufacturing zone of Sri Lanka at Welipenna in the Kalutara district with an investment in excess of US $ 10 million. Pharma Zone (Pvt) Ltd…

  • Land Prices in Colombo

    It has been observed that land prices in Colombo have increase day by day. And the shocking truth that the prices are unimaginable for an ordinary man to buy a house in Colombo now days. See below table for the update Average Price per Perch in Colombo Colombo District Number Average Price per Perch Colombo…

  • Andhra Pradesh to set up industrial corridor in SL on sea foods, pharmaceuticals and tourism sectors

    The Andhra Pradesh Government of India is contemplating setting up an industrial corridor in Sri Lanka, the Indian Express reported recently. Officials also said Sri Lanka was the best bet for AP for conducting trade in sea foods, pharmaceuticals and tourism sectors as Sri Lanka is strategically located. And the news said the Sri Lankan…

  • Car registrations down by 40%, three wheelers by 50% in 2017

    Motor car registrations have come down by 40% on a month and month basis mainly due to drop in financing share of motor cars. The three wheeler segment came down by nearly 50%,according to the JB Securities monthly review. Implementation of the budget proposal to restrict credit to new cars (50% LTV) and three wheelers…

  • Avoid Cash or Cheques payment, and try SLIPS (Sri Lanka Inter-bank Payment System) by Central Bank

    Central Bank of Sri Lanka introduces Sri Lanka Inter-bank Payment System (SLIPS) for individual and bulk payments to multiple parties up to Rs. 5 Million per Transaction on same day or any days up to 14 days as payment due. this service is available minimum fee of Rs.50 per individual transaction and Bulk transaction can…

  • Calling for Expressions of Interest of Plantation and Agricultural Based Industries Year 2017

    The ministry of Public Enterprise Development in collaboration with Chilaw Plantations Limited wishes to invite from local and international private sectors, interested in investing, to submit their expressions of interest to carry out suitable economic development projects. Chilaw Plantations Ltd, a state owned Plantations Company, consisted of 14,000 acres of coconut as the main crop…