Publication: Lanka Business Online

First reported 11 hours ago - Updated 6 hours ago - 1 reports

Board Appointment Jul 22 Aravinda Perera appointed director of Sri Lanka's stock exchange

(LBO) - Sri Lanka's Colombo Stock Exchange said Aravinda Perera, Managing Director of Sampath Bank Plc has been appointed a director.He replaces Krishan Balendra who resigned from the board on June 05, after completing his term as chairman, the CSE s ... [Published Lanka Business Online - 11 hours ago]
First reported 13 hours ago - Updated 13 hours ago - 1 reports

Credit Trend Jul 21 Sri Lanka bank credit subdued in May: data

(LBO) - Sri Lanka's loans to private business from commercial banks slipped 7.9 billion rupees in May 2014 from a year earlier while credit to the state and state enterprises also contracted, official data shows.Private credit has contracted in four out ... [Published Lanka Business Online - 13 hours ago]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

Fear Factor Jul 16 Top Sri Lanka lawyer says fears for life after criticising govt

(AFP) - The head of Sri Lanka's bar association said on Wednesday he feared he might be killed after he described President Mahinda Rajapakse's government as becoming more autocratic.Senior lawyer Upul Jayasuriya had accused the government of moving towards ... [Published Lanka Business Online - 20 hours ago]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Trading Tuesday Jul 22 Sri Lanka stocks close up 0.6-pct

(LBO) - Sri Lanka's stocks closed 0.59 percent higher with diversified stocks gaining amid net foreign buying, brokers said.The Colombo benchmark All Share Price Index closed 39.85 points higher at 6,796.37, up 0.59 percent. The S&P SL20 closed 21.00 ... [Published Lanka Business Online - Jul 22 2014]
Entities: Sri Lanka, Stocks, Turnover
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Glass Signal Jul 16 Sri Lanka's Piramal Glass sees slight demand pick up

(LBO) - Piramal Glass Ceylon Plc said domestic demand rose 8 percent in the June 2014 quarter from a year earlier and recurring profits were up with interest costs coming down.Recurring profit after tax rose to 86 million rupees in the June 2014 quarter ... [Published Lanka Business Online - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Exit Plan Jun 18 Sri Lanka's insurance regulator meets AIG over exit

(LBO) - The Insurance Board of Sri Lanka is in discussions with AIG Insurance over its planned exit from the island, Chairperson Indrani Sugathadasa said.The firm is expected to submit a report to the regulator over its policies shortly."But before the ... [Published Lanka Business Online - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 22 2014 - 2 reports

Trading Monday Jul 21 Sri Lanka stocks close up 0.5-pct

(LBO) - Sri Lanka's stocks closed 0.51 percent higher with diversified stocks gaining despite net foreign selling, brokers said.The Colombo benchmark All Share Price Index closed 34.32 points higher at 6,756.52, up 0.51 percent. The S&P SL20 closed 29.17 ... [Published Lanka Business Online - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Policy Stance Jul 14 Sri Lanka banks urged to tighten spreads amid slow credit

(LBO) - Sri Lanka's Central Bank held policy rates at 6.50 and 8.00 percent and urged banks to tighten spreads to lower lending rates as private sector credit demand remained weak.In May credit to the central government from the banking sector has fallen ... [Published Lanka Business Online - Jul 21 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 1 reports

Trading Thursday Jul 17 Sri Lanka shares close down 0.3-pct

(LBO) - Sri Lanka's shares closed 0.31 percent lower on Thursday despite net foreign buying, brokers said.The Colombo benchmark All Share Price Index closed 20.69 points lower at 6,721.87, down 0.31 percent. The S&P SL20 closed 13.58 points lower at 3,747.47, ... [Published Lanka Business Online - Jul 18 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Trading Wednesday Jul 16 Sri Lanka shares close up 0.2-pct

(LBO) - Sri Lanka's shares closed 0.22 percent higher on Wednesday with continued foreign inflows extending gains further, brokers said.The Colombo benchmark All Share Price Index closed 14.77 points higher at 6,742.56, up 0.22 percent. The S&P SL20 closed ... [Published Lanka Business Online - Jul 17 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Top Appointment Jul 16 Commercial Bank appoints S Renganathan as Chief Operating Officer

(LBO) - Sri Lanka's Commercial Bank of Ceylon said Sivakrishnarajah Renganathan, the Bank’s Deputy General Manager – Personal Banking has been appointed Chief Operating Officer and Executive Director.The appointment takes effect on July 17.He has been ... [Published Lanka Business Online - Jul 17 2014]
First reported Jul 16 2014 - Updated Jul 16 2014 - 1 reports

Banned Jul 10 Sri Lanka tells civil society organizations 'no press conferences'

The order, sent widely to civil society groups earlier this month, said all NGOs should refrain from "unauthorised activities with immediate effect"."It has been revealed that certain Non Governmental Organisations conduct press conferences, workshops, ... [Published Lanka Business Online - Jul 16 2014]

Quotes

"It has been revealed that certain Non Governmental Organisations conduct press conferences, workshops, training for journalists, and dissemination of press releases which is beyond their mandate" said the letter
"But before the report we are having a discussion with them because we cannot delay these things" Sugathadasa said Tuesday
"…[T]he continued moderation of growth of credit to the private sector is deemed temporary in view of gradually adjusting bank lending rates" the Central Bank said in its May monetary policy review
"We strongly urge the government of Sri Lanka to allow civil society organisations and NGOs, which play a vital role in supporting Sri Lanka's democratic values, to operate freely" the State Department spokesperson Jen Psaki said in a statement released in Colombo

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Board Appointment Jul 22 Aravinda Perera appoin... [Published Lanka Business Online - 11 hours ago]
Credit Trend Jul 21 Sri Lanka bank credit subdu... [Published Lanka Business Online - 13 hours ago]
Fear Factor Jul 16 Top Sri Lanka lawyer says fe... [Published Lanka Business Online - 20 hours ago]
Trading Tuesday Jul 22 Sri Lanka stocks close u... [Published Lanka Business Online - Jul 22 2014]
Glass Signal Jul 16 Sri Lanka's Piramal Glass s... [Published Lanka Business Online - Jul 22 2014]
Exit Plan Jun 18 Sri Lanka's insurance regulato... [Published Lanka Business Online - Jul 22 2014]
Trading Monday Jul 21 Sri Lanka stocks close up... [Published Lanka Business Online - Jul 22 2014]
Trading Friday Jul 18 Sri Lanka stocks close flat [Published Lanka Business Online - Jul 21 2014]
Policy Stance Jul 14 Sri Lanka banks urged to t... [Published Lanka Business Online - Jul 21 2014]
Trading Thursday Jul 17 Sri Lanka shares close ... [Published Lanka Business Online - Jul 18 2014]
Trading Wednesday Jul 16 Sri Lanka shares close... [Published Lanka Business Online - Jul 17 2014]
Top Appointment Jul 16 Commercial Bank appoints... [Published Lanka Business Online - Jul 17 2014]
Banned Jul 10 Sri Lanka tells civil society org... [Published Lanka Business Online - Jul 16 2014]
Crude Combination Jun 27 Sri Lanka finds better... [Published Lanka Business Online - Jul 16 2014]
Trading Tuesday Jul 15 Sri Lanka shares close u... [Published Lanka Business Online - Jul 16 2014]
Worth Watching Jul 10 Sri Lanka foreign finance... [Published Lanka Business Online - Jul 16 2014]
Industrial Residue Jul 04 Sri Lanka to sell fly... [Published Lanka Business Online - Jul 16 2014]
Trial Jul 11 FBI details 2007 Blackwater killings [Published Lanka Business Online - Jul 16 2014]
Trade Trend Jul 14 Sri Lanka trade deficit down... [Published Lanka Business Online - Jul 15 2014]
Trading Monday Jul 14 Sri Lanka stocks close up... [Published Lanka Business Online - Jul 15 2014]
Trading Friday Jul 11 Sri Lanka shares close do... [Published Lanka Business Online - Jul 14 2014]
Trade Trend Jun 20 Sri Lanka exports up 9.4-pct... [Published Lanka Business Online - Jul 14 2014]
Chamber Forum Jul 10 HSBC India chief at Sri La... [Published Lanka Business Online - Jul 14 2014]
Babel Jul 08 Google adds Sri Lanka's Sinhala la... [Published Lanka Business Online - Jul 11 2014]
New Target Jul 09 Sri Lanka aims for emerging m... [Published Lanka Business Online - Jul 10 2014]
Trading Wednesday Jul 09 Sri Lanka shares close... [Published Lanka Business Online - Jul 09 2014]
Good Boys Jul 08 Most Sri Lanka listed firms fo... [Published Lanka Business Online - Jul 09 2014]
Starting Up Jun 23 Sri Lanka forum for accounti... [Published Lanka Business Online - Jul 09 2014]
Steady State Jul 08 Sri Lanka 'B+' rating confi... [Published Lanka Business Online - Jul 08 2014]
Trading Tuesday Jul 08 Sri Lanka stocks close u... [Published Lanka Business Online - Jul 08 2014]
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