Tag: lbo
Effective public service and service delivery, crucial for competitiveness of economy: Think Tank
July 17, 2015 (LBO) – An efficient service delivery in the public service is crucial not only to achieve a competitive economy but also to meet the needs of poor and vulnerable sections of the society, a think tank said. “The efficiency of the public service, in terms of policy development and service delivery, is […]
Sri Lanka stocks close up 0.8-pct: Two week high
July 16, 2015 (LBO) – Sri Lanka’s stocks closed up 0.82 percent on Thursday, on two week high with telecom and banking sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 57.95 points higher at 7,124.14 up 0.82 percent. The S&P SL20 closed 33.50 points higher at 3,991.21 up 0.85 […]
Golden Key depositors to be paid July 24th: Ravi K
July 16, 2015 (LBO) – Sri Lanka’s Finance Minister, Ravi Karunanayake said that all the Golden Key depositors will be paid on 24th of July 2015.“We are paying the Golden Key depositors on 24th,” the Minister told reporters in Colombo, Thursday.“The exact amount to be paid has not yet been decided yet,” The Golden Key […]
Sri Lanka stocks close up 0.6-pct: Banking gains
July 15, 2015 (LBO) – Sri Lanka’s stocks closed up 0.56 percent on Wednesday, for a fifth consecutive session with banking sector showing gains, brokers said. The Colombo benchmark All Share Price Index closed 39.19 points higher at 7,066.19 up 0.56 percent. The S&P SL20 closed 37.38 points higher at 3,957.66 up 0.95 percent. Turnover […]
Sri Lanka lacks high-end shopping malls to attract affluent travelers: Report
July 15, 2015 (LBO) – Sri Lanka still lacks malls that can give its high-end tourists the holistic retail experience, despite the growth in retail options in the Island, a recent report said.“Despite the growth in retail options the city still lacks high-end shopping malls to entice the affluent travelers by providing them a holistic […]
Sri Lanka stocks close up 0.3-pct Turnover low
July 14, 2015 (LBO) – Sri Lanka’s stocks closed up 0.35 percent on Tueasday, for a fourth consecutive session with telecom stocks continuing to showing gains, brokers said. The Colombo benchmark All Share Price Index closed 24.22 points higher at 7,027.10 up 0.35 percent. The S&P SL20 closed 3.84 points higher at 3,920.13 up 0.10 […]
Sri Lanka stocks close up 0.3-pct
July 13, 2015 (LBO) – Sri Lanka’s stocks closed up 0.27 percent on Monday for a third consecutive session with plantation and telecom sector stocks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 18.66 points higher at 7,002.78 up 0.27 percent. The S&P SL20 closed 11.17 points higher at 3,916.44 up 0.29 […]
Otara launches Foundation for environmental sustainability and animal welfare
July 13, 2015 (LBO) – Sri Lanka’s fashion entrepreneur and animal lover Otara Gunewardene, has launched a non-profit foundation dedicated to improving the lives of all animals, communities and the environment, a statement said. “There is no business that we engage in which is more important than preserving the environment we have been blessed with,” […]
Sri Lank tourism infrastructure still has visible gaps: Report
July 13, 2015 (LBO) – Sri Lanka has to continue to invest in improving domestic transport and air connectivity in order to realize the full potential of the industry, a report by a stockbroker said. “At present Sri Lanka’s road network is improving at a slow but steady pace with some of the key areas […]
Sri Lanka stocks close up 0.3-pct; JKH gains
July 09, 2015 (LBO) – Sri Lanka’s stocks closed up 0.34 percent on Thursday, following three consecutive day of losses, with index heavy stocks and banks showing gains, brokers said. The Colombo benchmark All Share Price Index closed 23.26 points higher at 6,947.98 up 0.34 percent. The S&P SL20 closed 26.92 points higher at 3,877.29 […]
Sri Lanka stocks close down 0.6-pct; JKH lower
July 08, 2015 (LBO) – Sri Lanka’s stocks closed down 0.63 percent on Wednesday, a third consecutive day of declines, with index heavy stocks showing losses, brokers said. The Colombo benchmark All Share Price Index closed 43.99 points lower at 6,923.79 down 0.63 percent. The S&P SL20 closed 41.16 points lower at 3,850.37 lower at 1.06 […]
“The sooner we have political stability the better”: Dialog Chief
July 08, 2015 (LBO) – Political uncertainty coming to an end is a good thing for all listed companies as this will lead the way for more investments, Hans Wijayasuriya, Group Chief Executive, Dialog Axiata said. “The sooner we see stability the better,” he said.“This will also pave the way for more foreign investments,” “But […]