Category: Colombo Stock Exchange Trade Summary
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Upt 60% Discount for Sunday Observer, Silumina & Thinakaran Weekend Papers for Annual Subscription
Lake House Invites annual subscriptions for the their daily publications and weekend publication with discounted value upto 60%. Daily News Paper Value of Paper: LKR. 9,390/- Annual Subscription LKR. 3,800/- Discount: 60% Dinamina News Paper Value of Paper: LKR. 6,260/- Annual Subscription LKR. 3,200/- Discount: 50% Thinakaran News Paper Value of Paper: LKR.…
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Notice to General Public about Registration for Value Added Tax (VAT) and Nation Building Tax (NBT)
Changes to VAT and NBT laws are implemented with effect from November 01,2016 (unless a specific date is mentioned) as per the Value Added Tax (Amendment) Act No 20 of 2016 and Nation Building Tax (Amendment) Act No 22 of 2016. Accordingly, any person or partnership whose value of supply/turnover reaches/exceeds the limits stated below…
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Senkadagala Finance Debenture Issue 2016
Senkadagala Finance PLC announces that they source Rs. 3 Billion from public by issuing Senior, Unsecured, listed, redeemable, rate debenture for Rs. 2 Billion and if it over subscribed will extended to Rs. 3 Billion. Issue opening on 4th November 2016 with below 5 optional debentures with BBB+ Fitch rating Lanka ltd. Type Tenor Coupon…
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India’s $10 billion gap in foreign exchange may put rupee under pressure
The Indian banking system has left a $10-billion position unhedged amid foreign exchange deposit redemptions, making the rupee vulnerable to a sudden depreciation in the next few months. On the other hand, such a drop would act as a booster for exports and possibly narrow the trade deficit although imports of oil and other commodities…
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New Cigarette Prices in Sri Lanka
After the recent tax impose into a tobacco products the Ceylon Tobacoo Company announces their new places as below, Brand Price per cigarette Price per 12’s Price per 20’s Dunhill Switch Rs. 45/- Rs. 900/- Dunhill Blue (Dunhill Tube Filter Blue) Rs. 45/- Rs. 900/- Dunhill Grey (Dunhill Tube Filter Grey) Rs. 45/-…
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Dialog looking forward industry related investment in future
Axiata Group Berhad Malaysia is looking at aggressively investment in addition to mobile and data communication and want to get involved in setting up of a payment gateway, 5G, smart metering, IOT (Internet of Things) and other similar services, tracking of transport via GPS and other means too is an area we are looking at…
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Dialog Axiata looking forward for a acquisitions in Sri lanka
Axiata Group Berhad Malaysia Chief Corporate Officer, Idham Nawawi said, Axiata is keeping our options open with regard to acquiring of another mobile operator in Sri Lanka, he further said he strongly believes a country like Sri Lanka should have only three players instead of five. And Axiata looking forward a good offer to take…
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Technological city Project Launched at Pitipanna, Homagama
The laying of the foundation stones for the first stage of the technological city planned under the Western Megapolis Project and the opening of the Nano Investigation Laboratory took place under the patronage of Prime Minister Ranil Wickremesinghe at Pitipana, Homagama. Foundation stones were laid for five technological centres including a national science centre, a…
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Dr. Indrajit Coomaraswamy Appointed as Governor of Central Bank of Sri Lanka – Brief Introduction about Dr. Indrajit Coomaraswamy
Dr. Indrajit Coomaraswamy has been appointed as Governor of Central Bank of Sri Lanka by President today July 2, 2016. Brief of Dr. Indrajit Coomaraswamy Dr. Indrajit Coomaraswamy born April 3, 1950 hails from one of the country’s most respected Tamil families and the son of the iconic diplomat ‘ Roving Raju’, is one of …
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Mihin Lanka Losses accumulated Rs. 17 Billion by Now
Finance Ministry stated that the state run airline Mihin Lanka has recorded a loss of Rs. 17 Billion over its 7 years operation. Finance Ministry said it had been given a Rs. 15 Billion letter of comfort in 2015 to continue its operations and the ministry is expected to reduce losses to Rs. 938 million,…