£1 GBP = 395.40 LKR indicative

Category: Uncategorised

Uncategorised · 6 days ago

John Keells Holdings Sept quarter net profit surges 213-pct to Rs5.2bn

ECONOMYNEXT — Sri Lanka conglomerate John Keells Holdings PLC (JKH) recorded a net profit of Rs. 5.17 billion for the quarter ended…

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Uncategorised · 6 days ago

Sri Lanka’s Seylan Bank projects 18-pct profit growth next year under steady interest rates

ECONOMYNEXT – Sri Lanka’s listed private lender Seylan Bank expects a strong 18 percent growth in 2018 provided the current interest rates…

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Uncategorised · 6 days ago

Sri Lanka rupee closes at 332.65/70 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee closed at 332.65/70 to the US dollar spot on Tuesday, weaker from 332.55/65 the previous day, while…

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Uncategorised · 6 days ago

Sri Lanka stocks close up; ASPI gains 0.20-pct

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed up on Tuesday, CSE data showed, with the benchmark All Share Price Index moving…

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Uncategorised · 6 days ago

Sri Lanka awards $4.3mn Kolonnawa grid battery contract to Ceylex-Xingneng JV

ECONOMYNEXT — Sri Lanka’s Cabinet has approved awarding a multi-currency contract to a joint venture between Ceylex Engineering (Pvt) Ltd and Xingneng…

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Uncategorised · 1 week ago

Sri Lanka’s fuel price hike tests central bank’s inflation target

ECONOMYNEXT – Sri Lanka’s state-owned Ceylon Petroleum Corporation (CPC) has raised fuel prices effective from November 2, pushing key transport fuel prices…

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Uncategorised · 1 week ago

Sri Lanka rupee closes at 332.55/65 to US dollar spot, bond yields steady

ECONOMYNEXT – Sri Lanka’s rupee closed at 332.55/65 to the US dollar spot on Monday, weaker from 332.50/62 Friday, while bond yields…

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Uncategorised · 1 week ago

Sri Lanka stocks close down 0.31-pct, turnover at 921-mn rupees

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Monday, CSE data showed, with the benchmark All Share Price Index falling…

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Uncategorised · 1 week ago

Sri Lanka Seylan Bank Sept quarter net profit rises 6-pct to Rs3.1bn

ECONOMYNEXT — Sri Lanka’s Seylan Bank group recorded a net profit of 3.08 billion rupees for the quarter ended September 30, rising…

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Uncategorised · 1 week ago

EXPLAINER – How Sri Lanka’s proposed PST, POC bills threaten business confidence, investment

ECONOMYNEXT – As Sri Lanka navigates a delicate macroeconomic recovery following its historic 2022 debt default, the introduction of two heavy-handed legislative…

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