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COLOMBO/TOKYO (Reuters) -Sri Lanka and a group of its creditor nations said on Wednesday they have reached an agreement in principle on debt restructuring, a key step needed for the South Asian ...
Sri Lanka is an import-dependent nation, and it needs foreign currency to bring in items like food and medicine. For now, Colombo is able to hold on to its currency reserves as it has suspended ...
As of March 2024, the Colombo Stock Exchange (CSE) has 284 listings. [1. A. Company Name Symbol Abans Electricals ... Merchant Bank of Sri Lanka & Finance:
Investment in shares in Sri Lanka and repatriation of proceeds take place through Share Investment External Rupee Accounts (SIERA) opened with licensed commercial banks. Income from investments such as interest, dividends, and profit realized from such investments are not subject to exchange control regulations by the Sri Lankan government.
The Lanka Hospitals Corporation: 22,351: 0.63 Health Care Equipment and Services: 1997 [39] Teejay Lanka: 22,147: 0.62 Consumer Durables and Apparel: 2000 [40] Brown and Company: 21,422: 0.60 Capital Goods: 1892 [41] Dilmah Ceylon Tea Company: 20,986: 0.59 Food, Beverage and Tobacco: 1981 [42] Sunshine Holdings: 20,909: 0.59 Food, Beverage and ...
The parliamentary election in Sri Lanka on 14 November, called by new president Anura Kumara Dissanayake to bolster legislative support for his policies, could set the tone for addressing the ...
It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100. This is the longest and the broadest measure of the Sri Lankan Stock market.
The National People's Power (NPP), having secured a supermajority with 159 seats, formed the next government of Sri Lanka. The new cabinet of ministers, sworn in on 18 November 2024, includes 21 members elected in the recent parliamentary election, along with the president, who will retain the portfolios of defence, finance, and digital economy ...