News from Colombo
Stay current with all the latest and breaking news about Colombo, compare headlines and perspectives between news sources on stories happening today. In total, 359 stories have been published about Colombo which Ground News has aggregated in the past 3 months.
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Stock Markets · ColomboECONOMYNEXT – The Colombo Stock Exchange closed down on Monday, data on its site showed. The broader All Share Index closed down 0.16 percent, or 19.81 points, at 12,499; while the S&P SL20 Index closed down 0.19 percent, or 7.24 points, at 3,722. Turnover was the lowest in two weeks at 1.7 billion. The capital goods sector, which includes many of the bluechips, contributed the most to the day’s turnover. Hemas Holdings Plc saw the most active …See the Story
Sri Lanka stocks close down, turnover drops to 1.7bn
Central Bank · ColomboBy Asoka. S. Seneviratne – Prof. Asoka. S. Seneviratne The Governor of the Central Bank of Sri Lanka warned that the presidential election due later this year will stall tentative recovery from its economic crisis. This is a response to the above. 1. No element of substance in the warning by the Governor: The governor said, “Domestically, what I see as the challenge is to continue the same policies as we advance irrespective of the administratio…See the Story
Tentative Recovery Of The Economy Will Not Be Stalled By The Presidential Election: Response To The Governor Of The Central Bank - Colombo Telegraph
Colombo · ColomboBy Kumar David – Prof. Kumar David The diagnostics and the prognostics after May Day are in. I discard the assertions of those who are committed to fixed opinions and repeat their convictions sans analysis. (“Everything is proof that the JVP/NPP is heading for a landslide victory”. “Only Ranil can deliver the goods and the people will rally around him”. “Sajith’s star is rising, he is our next president come what may”, etc). I have taken note on…See the Story
After May Day: Now What? - Colombo Telegraph
Colombo · ColomboECONOMYNEXT – Orion (Development) has signed an agreement with the Board of Investment of Sri Lanka for 1.78 million dollars to further develop its IT park with a ‘new ecosystem’. “Signed an agreement with Board of Investment of Sri Lanka for U$ 1.78 Mn expanding Orion Colombo, and Orion Nest to the next level,” the BoI said on X (twitter). Orion Development built Sri Lanka’s first IT Park in 2009 aiming to offer built-to-specification commerc…See the Story
Sri Lanka BoI, Orion sign US$1.78mn deal to expand Orion Colombo, Orion Nest
IMF · ColomboECONOMYNEXT – Sri Lanka’s controversial visa deal with IVS-GBS and VFS Global is coming despite the country being required to reduce corruption stemming from an International Monetary Fund governance assessment, the island’s main opposition has said. The main opposition has also slammed the unsolicited deal with VFS Global, a private contractor, as being bigger than a central bank linked bondscam in 2015. “This is three or four times bigger than…See the Story
Sri Lanka VFS Global visa deal despite IMF anti-corruption requirements: opposition
Colombo · ColomboECONOMYNEXT – Sri Lanka plans to pass banking regulations which will apply within the Colombo Port City within the next two months, State Minister for Investment Promotion, Dilum Amunugama said. The special economic zone is expected to be re-named International Financial and Technological City. Most of the regulations that governs the special economic zone is already in place allowing a number of businesses to start operations. “The banking regu…See the Story
Sri Lanka Port City offshore banking regulations within two months: Minister
Maithripala Sirisena · ColomboFormer Sri Lankan President Maithripala Sirisena resigns as Chairman of SLFP, appoints Wijeyadasa Rajapakshe Former Sri Lankan President Maithripala Sirisena resigned as the Chairman of Sri Lanka Freedom Party (SLFP) and appointed Minister Wijeyadasa Rajapakshe as his replacement for the post, Colombo Gazette reported. The appointment was made when the SLFP faction, led by Sirisena, met at a hotel in Kotte on Sunday.Rajapakshe was appointed as …See the Story
Former Sri Lankan President Maithripala Sirisena resigns as Chairman of SLFP, appoints Wijeyadasa Rajapakshe
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