Leopard Sri Lanka Fund to close in Jan 2011
Leopard Capital Sri Lanka, which postponed its self-imposed deadline of launching two funds in Sri Lanka earlier in the year, after failing to raise the required funding, is now targeting to launch one of its funds by early 2011.
According to a top official involved in managing the fund, the private equity Leopard Sri Lanka Fund of US $100, which seeks to buy into unlisted firms, is targeting to kick off in January 2011
... Read More
Loss of GSP+ shrinks SAGTs domestic volumes
The recent decline in domestic container throughput volumes at private-run port-terminal, South Asia Gateway Terminals (SAGT) may have been partly due to the recent loss of Generalised System of Preference Plus (GSP+) concessions, a recent research report has suggested... Read More
Apparel exports decline continues
The apparel exports continued its declining trend in August with the export income contracting by 5.3% to US$ 294.8m from a year ago, according to the latest figures issued by the Joint Apparel Association Forum (JAAF).
August witnessed Sri Lanka losing the vital trade concession to the European Union (EU), GSP+ with effect from the middle of the month. ... Read More
No bubble burst, just panic-oriented selling
Apart from being the world’s second best performing stock market, the Colombo bourse could also be considered as the world’s most resilient market that has the instant ability to recover soon.
These comments were made by director research of Capital Trust Securities, Sarath Rajapakse, speaking to The Bottom Line...Read More
Finance
Microfinance industry poised to grow in Asia
Despite the star performance in the Asian region amidst the under recovering global financial turmoil, there are still a two billion people... Read More
Conducive biz climate vital to double per capita income
The Sri Lankan government should lay out a very conducive business environment to attract greater private sector investment... Read More
Abans Finance boosts Ratnapura services
Abans Financial Services Limited (AFSL) took the initiative to recently upgrade and relocate their Ratnapura branch to... Read More
Opinion
Aviation/ports
Economy
Stories
- Ceylon Index Fund gains
47% in third quarterThe Ceylon Index Fund gained 46.94% during the third quarter of 2010 while The Ceylon Tourism fund gained 18.67% during the two months of August and September.
The Colombo Top 10 Index gained 51.62% during the 3rd quarter while the ASPI gained 51.70% and the Milanka Price Index (MPI) gained 43.09% during the same quarter... Read More - Mobitel hailed as brand championMobitel displayed exemplary service performance as the SLIM Brand Excellence 2010 unravelled, to award the National Mobile Service Provider...Read More
-
Motorist
-
Toyota mulls halting Corolla
exports... - 2011 Suzuki Swift R Concept previewed
- Ssangyong price talks this week
- Bugatti Veyron to hit Indian roads...
- More
