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Archive for the Business Category

Under pressure Dilith wallops brokers’ association, market manipulators * Former chief defends SEC staff, says ‘certainly did not talk about the weather’ with Dilith after Gota arranged meeting * COPE wants former SEC chiefs to unravel ‘mafia’!

Posted on August 28, 2012 by Writer

Controversial investor Dilith Jayaweera who wilted under a barrage of questions raised by the media at a meeting earlier this [...]

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Rupee strengthens on dollar sales by state banks

Posted on February 15, 2012 by Writer

Sri Lanka’s rupee currency, which had an all-time closing low on Tuesday, initially weakened further today but then strengthened as [...]

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PAC wants VAT scam suspects charge-sheeted

Posted on February 11, 2012 by Writer

The parliament Public Accounts Committee (PAC) has directed the Inland Revenue Department officials to charge sheet those involved in the [...]

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India’s Jubilant Foodworks plans 2 more stores in SL

Posted on February 9, 2012 by Writer

Jubilant Foodworks , which runs the Dominos Pizza chain in the country, plans to open two more stores in Sri [...]

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Market rebounds

Posted on January 26, 2012 by Writer

The Colombo equity market rebounded today to the positive territory however on a lackluster note. ASI closed at 5,556.29, up [...]

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SAVOUR THE PREMIUM ‘BLUE-OCEAN’ RESIDENCIES…

Posted on January 26, 2012 by Writer

Blue Ocean Residencies is a subsidiary of Blue Ocean Holdings – a Group of companies marking international presence with diversified [...]

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Bourse starts new week weak

Posted on January 25, 2012 by Writer

The Colombo Stock Exchange started the new week on negative dynamics where benchmark indices fell sharply throughout the day. Furthermore [...]

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Nestlé invests in Rs.1.1bn noodle factory

Posted on January 12, 2012 by Writer

Nestlé Sri Lanka, the local subsidiary of the world’s leading nutrition, health and wellness company, opened its new noodle plant [...]

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Net foreign buying first time in 2012

Posted on January 6, 2012 by Writer

Although Colombo bourse continued to be weighted down by notable selling pressure during the trading today, foreigners emerged as net [...]

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Bourse back in red

Posted on January 4, 2012 by Writer

The Colombo stock market ended lower for the second consecutive day for the week due to rising uncertainties .
ASI dipped [...]

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