Business

Colombo shares up on ‘changes at the top’

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January 27, 2015 11:54 am

  Colombo shares on Tuesday started on a positive note with the core All Share Index up by 0.55 per cent by 11.30 am to reach 7,356.13 while the S&P SL 20 appreciated by 0.58...


Sri Lanka’s World Cup team lacks confidence, Sri Lanka’s 1996 World Cup winning trio says

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January 27, 2015 11:50 am

Three of Sri Lanka’s greatest-ever cricketers – Arjuna Ranatunga, Aravinda de Silva and Muttiah Muralitharan – strongly believe the current Sri Lanka squad for the upcoming W...


New Central Bank management retains current interest rates

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January 27, 2015 09:57 am

New Central Bank (CB) Governor Arjuna Mahendran didn’t effect major changes on Tuesday, while chairing his first meeting of the Monetary Board, keeping interest rates at current ...


Colombo shares gain on policy direction

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January 26, 2015 12:31 pm

The Colombo Bourse recovered on Monday after Friday’s fall with on Thursday amidst reports that the new government will appoint a new Securities and Exchange Commission (SEC) Cha...


Crucial Monetary Board meeting today, rupee value may see changes

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January 26, 2015 07:28 am

  Sri Lanka’s Central Bank (CB) Governor Arjuna Mahendran will chair a crucial meeting of the bank’s Monetary Board on (Monday) that is likely to seriously consider cur...


Colombo shares down on panic selling by mafia

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January 23, 2015 07:52 pm

The Colombo share market was down on Friday amidst panic selling when retailers as well as institutional investors cashed in on their investments with brokers saying that mafia was...


Colombo bourse good start but on shaky ground

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January 23, 2015 11:50 am

  The Colombo Bourse got off on a positive note on Friday morning but didn’t sustain the momentum towards mid-trading session with retailers once again on a selling mode, accor...


Colombo shares gain in anticipation of new regulator chief being appointed

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January 22, 2015 06:21 pm

  The Colombo Bourse which started off on a negative note on Thursday however, recovered to end the trading session on positive territory  on the back of speculation that...


P. G. Kumarasinghe appointed as SLT/Mobitel chairman

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January 22, 2015 03:42 pm

      P. G. Kumarasinghe, brother of President Maithripala Sirisena, on Thursday assumed duties as the new Chairman of Sri Lanka Telecom (SLT) Group includi...


URGENT- Defiant Sri Lankan stock regulator chief stays on despite Govt. directive to quit

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January 22, 2015 12:38 pm

  Controversial Securities and Exchange Commission (SEC) Nalaka Godahewa is maintaining a defiant stand, refusing to step down despite an order by the Sri Lankan Government, offi...






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