Category: Srilanka Developments and Releated News
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Why Sri Lanka’s Colombo Stock Exchange All-Share Index (ASI) Is Reducing: Local and International Factors, and Alternative Investment Opportunities
In recent months, the Colombo Stock Exchange (CSE) has seen a significant decline in its All-Share Index (ASI). Investors have been concerned by the drop in stock prices, and many are looking for answers to the factors causing this downturn. While stock market fluctuations are a natural part of any economy, the ongoing reduction in…
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Why the Bank and Finance Sector is Performing Well on the Colombo Stock Exchange (CSE) – A Data-Driven Insight
The Bank and Finance sector on the Colombo Stock Exchange (CSE) has been showing strong performance recently, with several economic and financial factors driving investor confidence. Several key numbers and indicators highlight the sector’s growth, reflecting the positive impact of Sri Lanka’s ongoing economic recovery and market conditions. Stabilization of Macroeconomic Conditions Sri Lanka’s…
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Colombo Stock Exchange Performance on January 30, 2025: Key Indicators for Future Investment
The Colombo Stock Exchange (CSE) saw mixed performance on January 30, 2025, as Sri Lanka’s market continues to navigate a challenging economic landscape. Investors are keeping a keen eye on both local and global indicators as the country works to stabilize its financial situation and encourage sustainable growth. Despite various hurdles, opportunities remain for those…
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Kreate Design Singapore Invest 1 Billion in Lotus Tower
Kreate Design (pvt) ltd of Singapore along with global investor are looking forward to invest USD 1 Billion in Lotus Tower in next 3 years. The company mainly focus on full-fledged casino and an entertainment area including water sports. The MoU have singed recently in Colombo Sri Lanka, the company have already paid USD 56…
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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…