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Sunday, 22 August 2010

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Trading in progress at the Colombo Stock Exchange

Stock Exchange’s Price bands foil capital market bubble

The Securities and Exchange Commission of Sri Lanka (SEC) will review price curbs imposed on sto ck prices of the Colombo Stock Market (CSE), said a SEC source on Tuesday.

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Desiccated coconut imports hit coconut industry

“Sri Lanka is reputed for exporting tea, rubber and coconut but the import of desiccated coconut (DC) from Vietnam for export by DC producers has tarnished the image” said the spokesman for Sri Lanka Coconut Co-operative Societies Union, and the Coconut Growers’ Association.

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MoU to resume ferry services

India and Sri Lanka will sign an MoU to resume ferry services between Colombo and Tuticorin as well as Talaimannar and Rameswaram shortly, said Deputy High Commissioner of India Vikram Misri. He said that the MoU is expected to be finalised shortly.

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