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By Hiran H. Senewiratne CSE trading activities yesterday were negative from the beginning due to major selling pressure on Softlogic Life and Softlogic Capital shares. Further, shares fell in mid- day trade, amid diminishing hopes of securing the US $ 2.9 billion dollar bailout from the IMF, market analysts said. Besides, December quarterly company results […]
By Hiran H.Senewiratne President Ranil Wickremesinghe has instructed the relevant local authorities to resume discussions/talks to expedite the signing of a Free Trade Agreement with Nepal, which process came to a standstill from May onwards due to Sri Lanka’s political instability, Nepalese ambassador to Sri Lanka Bashu Dev Mishra said. “Sri Lanka and Nepal have […]
FriMi, Sri Lanka’s first fully-fledged digital banking experience powered by Nations Trust Bank, recently announced the launch of a special air ticket promotion in partnership with Mastercard. As part of this offer, one lucky ‘FriMian’ will stand a chance to win two return air tickets to Singapore. In order to enter the giveaway, FriMians can […]
By Hiran H.Senewiratne The CSE moved up over 1 per cent in mid-morning trade yesterday, continuing the momentum from the previous day. The main reason for the market to bounce back is because the Central Bank has sent out positive signals on the IMF bailout for Sri Lanka, stock market analysts said.It is said that […]
AIA Sri Lanka has announced the appointment of Tan Hak Leh as the new chairman of the Board of Directors (BOD) with effect from July 2022. Tan Hak Leh is the Regional Chief Executive of AIA Group Limited with responsibility for the business operations in Thailand, Singapore, Brunei, Malaysia, Cambodia, Myanmar, Vietnam and now, Sri […]