Category: Colombo Stock Exchange Trade Summary
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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…
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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…
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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…
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Investment in logistic projects in Muturajawela
Proposals are invited from Interested Investors to develop the following sites for Logistic operations according to the new Megapolis Plan of the Government. Two valuable land lots within the Logistics Zone are available for Long term Investments. Locational Features: Vary close proximity to Colombo Harbour and Colombo International Airport Outer Circular highway entrance to the…
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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…
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Common Electronic Fund Transfer Switch system for fund transfer
Central Bank of Sri Lanka brought a convenience way to transfer money by using CEFTS (Common Electronic Fund Transfer Switch) instantly at any time of the day by Internet, Mobile, Phone, ATMs or Visiting the Bank (Over the Counter). This service is active for send money up to Rs. 5 million at a cost of…
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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…
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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…