President begins Sri Lanka’s historic engagement with G7 in Japan
President started Sri Lanka’s historic first-ever engagement with Group of 7 at their Summit in Nagoya,Japan on 27th May 2016,in a development that would significantly boost the country’s international profile.
Private Sector Credit –March 2016
Credit to private sector from Sri Lanka’s commercial banks increased by Rs. 87.8 Bn during March 2016, following an increase of Rs. 53.7 Bn in February 2016.
Sri Lanka to get USD 4.2bn from Japan for development
Japan will lend $4.2 billion to Sri Lanka through both a loan and bond financing for budgetary support in next two years, including infrastructure development, the Indian Ocean nation’s finance minister said on Tuesday.
Sri Lanka tourism receipts rise to Rs50bn in half year
Sri Lanka’s estimated tourism receipts rose 19 percent from a year earlier to Rs50 billion in the first six month of 2016, with tourist arrivals also going up 16.2 percent.
EU discusses Sri Lanka’s GSP+ application
Sri Lanka’s government and the EU said the island’s GSP application was discussed at the EU-Sri Lanka Working Group on Trade and Economic Cooperation which met on 11th May 2016 in Brussels.
Stock Market Update :
The Sri Lanka fund is an open ended Fund denominated in US Dollars which primarily invests in equities and other equity linked securities with exposure to the Sri Lankan market. It is an exempt Company with limited liability incorporated in the Cayman Islan...
Promoted by the largest listed equity fund in Sri Lanka - Ceylon Guardian Investment Trust PLC (CGIT). CGIT is 67% held by Carson Cumberbatch PLC a listed Sri Lankan conglomerate with business interests in oil palm plantations, brewing, investments, real estate and leisure sectors, spanning across South and South East Asia.
Currently Carsons is among the top ten capitalized companies on the Colombo Stock Exchange and together with its subsidiaries accounts for 10% of total market capitalization.