SynergyY

Category: Colombo Stock Exchange Trade Summary

  • 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…

  • 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/-…

  • 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…

  • 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…

  • 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…

  • 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 …

  • 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,…

  • Maximise your Dollar Investment with US$ 150 million Sri Lanka Development Bond

    First Capital Treasuries PLC invites potential investors in Sri lanka and aboard to invest on US$ 150 million Sri Lanka Development Bond. This Sri lanka Development Bond is a Risk – free, Tax – free, Higher rates than bank deposits and  its available for the period of 3Months, 6 Months, 1Year and 2 Years. Eligibility…

  • New Terminal Building to construct for Bandaranaike International Airport

    Transport and Civil Aviation Ministry Nimal Siripala de Silva said a new terminal building will be built at the Bandaranaike International Airport (BIA) at a cost of Rs. 65 billion. He further state that the present terminal building can accommodate only six million passengers. Where the BIA capacity is not sufficient to handle all passenger…

  • New Vehicle Prices after Budget for 2016

    As expected the new government budget for 2016 introduce new valuation system for imported vehicles, this valuation lead to increase prices of imported vehicles by Rs. 200,000 up to Rs. 2.5 million. The new valuation system was introduced recently taking full option manufacturers price as the tax base and the Finance Minister Ravi Karunanayake said…