Scrapping of Rs. 253bn S’kanda refinery expansion likely

The Government is considering alternatives to Sapugaskanda Oil Refinery Expansion and Modernisation (SOREM) after a preliminary study revealed that costs of the project could exceed well over rupees half a trillion. “Although Iran agreed to fund 70% or nearly Rs. 137 billion of the total estimated project cost of Rs. 195.5 billion (US 1.7billion) the... Read More

Kegalle Plantations - All time high prices

When the All Share Price Index hit the 5000 mark for the first time in history this week, the largest listed rubber plantations company, Kegalle Plantations Plc (KGAL) too recorded its all time high share price when the share recorded Rs. 108 during the trading of the day. The price of the main grade latex crepe 1X rubber went up to Rs.521 a kilo... Read More

SEC invites feedback on proposed listing rule amendments

The Bank of Ceylon’s (BoC) newest subsidiary - London-based The Bank of Ceylon (UK Ltd) is to target the European Union region starting with the commencement of operations on August 13, with Italy being its next venue Read More

Hot, hot Fish Sausages

Getting a taste of it hot, hot of Keells’ latest product, ‘Fish Sausages’ is Fisheries and Aquatic Resources Minister, Rajitha Senaratne at the launch by market leader in the processed meat industry - Keells Food Products PLC, watched by Keells executives
(Pix By Ravindra Dharmathileke)


Developments in Coconut Coir based industries
Total world production of coconut has increased substantially from 35 million... Read More


BPO sector main growth area for BOI
The Board of Investment of Sri Lanka granted investment approval to Senit... Read More


Colombo Stock Exchange: Quo Vadis?
After the ending up the three decade war in May 2009, Sri Lanka stepped into a new... Read More


marketBudget Proposals - 2010money