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Friday, 14 January 2011

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Stock market over-heated

Call to make ratings mandatory, regulated framework for unlisted debts:

Ratings must be in the public domain and are significant for the investors and depositors as it is a risk rating. The stock market is over heated and the Government regulatory body should step in when the market is over-heated, Fitch Ratings Lanka Limited Country Head Maninda Wickramasinghe told Daily News Business.

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JKH tops Business Today Top Twenty

Business Today Top Twenty recognised the best among the best in corporate Sri Lanka for the financial year 2009-2010. The ceremony held yesterday at the Hilton Colombo acknowledged 20 outstanding companies that have displayed exceptional performance in corporate Sri Lanka during the year.

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Eleven vie for new domestic air services

Senok to purchase two helicopters:

The Civil Aviation Authority of Sri Lanka (CAASL) has given the green light to Senok Aviation to begin a domestic helicopter service, the Civil Aviation Authority of Sri Lanka (CAASL) told Daily News Business.

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The Colombo stock market

Leading computer hardware distributor eSys Technologies reaffirmed their commitment to the computer hardware industry in the country by strengthening their relationship with the world’s largest electronic OEM manufacturer ‘Foxconn’recently. Foxconn, Middle East-India-Africa Sales Director Rahaman and eSys Technologies Chief Executive Shafraz Hamzadeen exchange ageements. Foxconn is a registered component trademark of the Foxconn Technology Group.



 
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