Extension of Trading Hours from 10th April 2023

Published in Money
Wednesday, 05 April 2023 16:34
Businesscafe - The Securities and Exchange Commission of Sri Lanka (SEC) has issued a directive to the Colombo Stock Exchange (CSE) to extend trading hours from next Monday, 10th April 2023. ...
Businesscafe - Pursuant to the enactment of the Securities and Exchange Commission (SEC) of Sri Lanka Act No 19 of 2021 (New SEC Act), the Stockbroker rules of the Colombo Stock Exchange (CSE) and the Central Depository Systems (CDS) have been revised. ...
Businesscafe - Standard Chartered Sri Lanka has arranged a Senior Secured Syndicated Term Loan Facility amounting to a total of USD 225 Million to Waterfront Properties (Private) Limited, acting as the Sole Mandated Lead Arranger and Bookrunner. ...
  Businesscafe - The Commercial Bank of Ceylon has unveiled ‘Anagi Women’s Banking’ with a new loan scheme under an expanded portfolio of initiatives designed exclusively to support the aspirations of women. ...

ComBank leads national drive to promote LANKAQR in Gampaha

Published in Money
Monday, 24 January 2022 04:18
Businesscafe - The latest LANKAQR event of the nationwide rollout campaign of the Central Bank of Sri Lanka organised by Commercial Bank took place at the Gampaha Municipal Council grounds on 22nd January with a large participation of dignitaries, members of partner banks, merchants and other invitees. ...

Chrissworld PLC Engages CDS for Registrar Services

Published in Money
Sunday, 23 January 2022 04:11
  Businesscafe - Central Depositary Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), has strengthened its client base for the provision of registrar services with the addition of Chrissworld PLC. ...
Businesscafe - Colombo Stock Exchange (CSE) is planning to revise the calculation methodology of All Share Price Index (ASPI) by changing the constituent weighting method from full Market Capitalization to free float-adjusted Market Capitalization. ...

Paving the Way for Success this 2022 with NDB Wealth

Published in Money
Wednesday, 12 January 2022 11:18
Businesscafe - Expert financial and wealth management planner NDB Wealth heralds the new year 2022, with much anticipation hoping that success will be at the forefront for all their loyal customers. ...
Strengthening its commitment towards enhanced customer reach and digital transformation, Union Bank recently entered into an agreement with National ICT Solutions Provider SLT-MOBITEL to bring greater banking convenience to its customers through Agent Banking services via SLT-MOBITEL mCash- the innovative mobile money platform/wallet conceptualiz...

Hela Apparel Holdings Limited Oversubscribed on the opening day

Published in Money
Wednesday, 12 January 2022 08:23
   Businesscafe - The Initial Public Offering (IPO) of Hela Apparel Holdings Limited, through an offer for subscription of 267,108,998 shares at a price of Rs. 15 per share, which opened today (12th January 2022) was oversubscribed on the initial day itself. ...