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International designer brand Tommy Hilfiger to launch in Sri Lanka
Nov 18, 2014 (LBO) – International designer brand Tommy Hilfiger will open its first store in Sri Lanka next month marking the first international designer brand to launch in the country. The design house is renowned for its preppy style and has been worn by top international celebrities such as Jacqueline Fernandez, Sonam Kapoor, Jessica […]
Sri Lanka policy rates unchanged in November 2014::Inflation declined: Central Bank
Nov 18, 2014 (LBO) Sri Lanka unchanged its policy rate corridor at 6.5 to 8.0 percent in order to remain broadly on target in 2014 with low inflation the Central Bank in its November monetary policy review.The island inflation continued to remain in low single digit levels, declined to 1.6 percent in October from 3.5 […]
Sri Lanka Central Bank issues a new series of 10 rupee coins
Nov 18, 2014 (LBO) – Sri Lanka’s Central Bank yesterday issued a new series of 25 coins of 10 rupee denomination in order to recognize and portray unique characteristics and/or iconic landmarks and/or special features of each administrative district of Sri Lanka. The new coins would be released via the banks and the Central Bank […]
’s Unrealized Profits passes Rs14Bn mark
Nov 18, 2014 (LBO) – Sri Lanka’s Employee’s Provident Fund’s unrealized profits of the share portfolio of investments in equity passed 14 billion rupees on Novemebr this year, Central Bank said in a media release. The bank says the mark to market value of EPF’s investments in equities as at 14 November 2014 comfortably exceeded […]
Sri Lanka stocks close up 0.3-pct
Nov 17, 2014 (LBO) – Sri Lanka’s stocks closed higher with the positive price movements in Dialog Axiata and Access Engineering, brokers said. The Colombo benchmark All Share Price Index closed 22.91 points higher at 7,524.00, up 0.31 percent. The S&P SL20 closed 14.26 points higher at 4,170.08, up 0.34 percent. Turnover was 2.43 billion […]
Sri Lanka Central Bank issues a series of ten rupee coins
Nov 17, 2014 (LBO) – Sri Lanka’s Central Bank today issued a new series of 25 coins of 10 rupee denomination in order to portray each administrative district of the island nation. The new coins would be released via the banks and the Central Bank Provincial Offices for circulation.
Sri Lanka stocks close up 0.3-pct
Nov 14, 2014 (LBO) – Sri Lanka’s stocks closed higher with the positive price movements in Lanka Orix Leasing Company and Vallibel One, brokers said. The Automated Trading System (ATS) version 7.18 and the new central depository system will be implemented with effect from next Monday, the stock exchange said. The exchange added that all […]
Sri Lanka stocks close higher
Nov 13, 2014 (LBO) – Sri Lanka’s stocks closed higher with the positive price movements in Access Engineering amid strong foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 10.28 points higher at 7,479.69, up 0.14 percent. The S&P SL20 closed 7.27 points higher at 4,143.86, up 0.18 percent. Turnover was 4.08 […]
Sri Lanka Treasuries yield unchanged
Nov 12, 2014 (LBO) – Sri Lanka’s 6-month and 12-month Treasuries yields were flat at Wednesday’s auction without issuing any bills for the 3-month, data from the state debt office showed. The debt office which is part of the island’s central bank said 6-month Treasuries yield unchanged at 5.84 percent and 12-month Treasuries yield unchanged […]
Sri Lanka stocks close up 0.8-pct
Nov 12, 2014 (LBO) – Sri Lanka’s stocks closed higher with the price gains of Access Engineering and People’s Leasing and Finance amid foreigners remained active closing as net buyers, brokers said. Foreign investors bought 584.82 million rupees worth shares while selling 397.45 million rupees worth shares. Access Engineering closed 2.30 rupees higher at 36.80 […]
Sri Lanka stocks close higher
Nov 11, 2014 (LBO) – Sri Lanka’s stocks closed with mixed results amid foreigners remained active closing as net buyers, brokers said. The Colombo benchmark All Share Price Index closed 9.34 points higher at 7,412.72, up 0.13 percent. The S&P SL20 closed 0.87 points lower at 4,120.00, down 0.02 percent. Turnover was 1.64 billion rupees, […]
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Nov 11, 2014 (LBO)- Fitch Ratings Lanka has assigned Sampath Bank PLC’s proposed subordinated debentures of up to seven billion rupees an expected National Long-Term Rating of ‘A+(lka)(EXP)’, the rating agency said in a media statement. The debentures, which will have tenors of five years and carry fixed coupons, will be listed on the Colombo […]