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CSE transaction cost to be reduced:
SEC to improve CSE structure
Encouraging decision for investors:
The Securities and Exchange Commission (SEC) will
improve market microstructure of the Colombo Stock Exchange (CSE).
Securities and Exchange Commission (SEC) Director General, Channa de
Silva told Daily News Business that this was an encouraging decision
for the investors and fundamental changes like this were required.
 Full Story
Governor not happy with RFCs’ delay in listing:
Central Bank disburses Rs one billion in North
The Central Bank has disbursed approximately Rs
one billion of the Rs three billion fund, which is allocated as
loans for the Northern Province under the Vadikkily Vasantham (Uthuru
Vasanthaya) program, Central Bank Governor, Ajith Nivard Cabraal
told Daily News Business.
Full Story
Partners Genting Berhad, Shorecap:
Union Bank to go for IPO
The Union Bank entered in to a strategic
partnership with Genting Berhad, the Malaysian conglomerate in
leisure and hospitality and USA based fund Shorecap to raise Rs two
billion additional equity capital to fulfill the banks’ five-year
strategic plan.
Full Story
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