Category:
Sri Lanka Treasury bill yields down
Nov 11, 2015 (LBO) – Sri Lanka’s 12-month Treasury bill yields were down by 6 basis points from 7 percent to 6.94 percent while the six months bill were rejected, data from the state debt office showed.The Central Bank offered 20 billion worth of Treasury bills today and the auction was oversubscribed by 4.4 times with […]
Sri Lanka stocks close down 0.4-pct: Banking losses
Nov 11, 2015 (LBO) – Sri Lankan stocks closed down at 0.44 percent on Wednesday with low investor activity ahead of next week’s budget with losses in some index heavy and banking sector stocks , brokers said. The Colombo benchmark All Share Price Index closed down 30.98 points at 7,019.23 lower 0.44 percent. S&P SL20 […]
PTL Watch: Bond spreads widen on thin volumes
[pdf-embedder url=”https://lbo-stg.efserver.net/wp-content/uploads/2015/11/Copy-of-11th-November-2015.pdf”]
Sri Lanka’s Dialog Axiata net down 60 pct to Rs679mn
Nov 11, 2015 (LBO) – Profits at Sri Lanka’s Dialog Axiata, which has interests in mobile, fixed and pay television, declined 60 percent from a year earlier to 679 million rupees in the September 2015 quarter, interim accounts showed.Dialog said revenues grew 10.5 percent to 18.8 billion rupees in the September quarter from a year […]
10,288 motor car registrations in Oct in Sri Lanka: JB Securities
Nov 11, 2015 (LBO) – October continued to recorded strong numbers for vehicle registrations in Sri Lanka although down from the record set in September, JB Securities said in a research note. LTV cap of 70 percent was in force during October so it may have had some impact on the slowdown, the note said. […]
” Day
Nov 11, 2015 (LBO) – Alibaba, the world’s largest online shopping website has made a record 3.9 billion dollars in sales in the first hour of Singles’ Day in China, foreign media reports said. Alibaba reported that shoppers spent about one billion US dollars in the first eight minutes and had clocked five billion after […]
Suu Kyi set to win majority in Myanmar election
Nov 11, 2015 (LBO) – Aung San Suu Kyi’s opposition is set to win a majority in Myanmar’s first free election in decades, although it is unclear if the party will secure the required two-thirds to appoint the next president by itself, media reports said.Suu Kyi’s National League for Democracy (NLD) is expected to secure […]
Interview: State enterprise strategic plan in progress, management skill the biggest issue, says Eran
Nov 11, 2015 (LBO) – Sri Lanka is in the process of making plans to restructure the state owned enterprises and boosting management skill levels, Deputy Minister of State Owned Enterprises Eran Wickramaratne told LBO in an exclusive interview. “We have lots of plans and we are right at the beginning. We are in the […]
‘s Candor 5-year unit trust public offer oversubscribed
Nov 10, 2015 (LBO) – Candor Opportunities Fund, managed by Candor Asset Management, issue offer of 50 million units was oversubscribed with the issue reaching applications for over 500 million, the fund said.“Therefore we will exercise the subscription offer,” the company said in a stock exchange filling. The issue offered 50 million units at 10 […]
LAUGFS launches mobile apps for iOS and android phones
LAUGFS recently launched its very own mobile application, providing customers with a single mobile platform to access a range of LAUGFS businesses from LAUGFS Gas and Supermarkets to Eco Sri and LAUGFS Car Care. Now LAUGFS customers can receive mobile alerts on the latest promotions, stay up-to-date with latest news and happenings, and receive location […]