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John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 25-02-2022 John Keells Stock Brokers (JKSB) John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH), the largest listed entity on the Colombo Stock Exchange (CSE). We are one of 15 founding members of the Colombo Stock Exchange and our history in equity trading dates back to 1896. We are widely regarded in the industry for good governance practices with an emphasis on compliance and regulations. Our core sales and research staff have been engaged with the firm for a period of 10 – 25 years. Over the years this has helped JKSB develop strong and lasting relationships with our core client base of Foreign Funds/Individuals, Local Institutions and HNWI’s. This has contributed to our superior offering of order sourcing and placement capabilities. JKSB ...

Feb 26, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY February 18, 2022 John Keells Stock Brokers (JKSB) John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH), the largest listed entity on the Colombo Stock Exchange (CSE). We are one of 15 founding members of the Colombo Stock Exchange and our history in equity trading dates back to 1896. We are widely regarded in the industry for good governance practices with an emphasis on compliance and regulations. Our core sales and research staff have been engaged with the firm for a period of 10 – 25 years. Over the years this has helped JKSB develop strong and lasting relationships with our core client base of Foreign Funds/Individuals, Local Institutions and HNWI’s. This has contributed to our superior offering of order sourcing and placement capabilities. ...

Feb 18, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

Ceylon Cinnamon clinches country’s first GI status Source:ft.lk Major breakthrough for one of Sri Lanka’s iconic spices obtaining European Union Commission awards Geographical Indication (GI) certification Decade-long effort by multiple stakeholders comes to fruition offering Sri Lanka opportunity to differentiate and be competitive against substitutes of lower quality in EU Achievement a major boost for over 30,000 stakeholders involved in cinnamon industry Marking a milestone, Ceylon Cinnamon on Wednesday had received the country’s first-ever Geographical Indication (GI) certification and status from the European Union (EU) Commission. The outcome was a result of a painstaking, decade-long, arduous endeavour led by the Sri Lanka Export Development (EDB) under the Ministry of Trade with the support of numerous public and private stakeholders. The Daily FT on 28 January first reported the impending milestone via a Guest Column by spice industry champion Sarada de Silva (ft.lk/columns/Ceylon-Cinnamon-on-verge-of-obtaining-geographical-indications-a-first-for-Sri-Lanka/4-729756). The Export Development Board (EDB) said yesterday GI ...

Feb 5, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Bandula Gunawardena, Ceylon Cinnamon, Ceylon Cinnamon Geographical Indication Association, Department of Commerce, Department of Export Agriculture, Foreign Ministry, National Intellectual Property office, Sarada de Silva, Sri Lanka Export Development

Tourism – restricting outflow of foreign exchange -by G. A. D. Sirimal Source:island.lk Minister of Tourism, Prasanna Ranatunga, has declared the arrival of large numbers of foreign tourists here. He says about 82,327 of them came here in January, bringing in much needed foreign exchange. Has the Minister found out how much dollars these tourists have brought in and how much has been spent in Sri Lanka? Except those who come on business and stay in five-star hotels, other tourists spend very little. Some female tourists overstay their visas and engage in sex trade. I wish to relate an experience, when I visited Russia to attend a seminar conducted by ESCAP in 1985, when Russia’s economy was poor. ESCAP had deposited a certain sum in dollars with the organiers in Russia to meet payments to delegates and this amount was converted to Russian currency – rubles and paid to delegates ...

Feb 5, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Ajith Navard Cabraal, Central Bank, ESCAP, Gamini Senerath, Prasanna Ranatunga, President Gotahaya Rajapaksa, S. R. Attygala

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 03-02-2022 John Keells Stock Brokers (JKSB) John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH), the largest listed entity on the Colombo Stock Exchange (CSE). We are one of 15 founding members of the Colombo Stock Exchange and our history in equity trading dates back to 1896. We are widely regarded in the industry for good governance practices with an emphasis on compliance and regulations. Our core sales and research staff have been engaged with the firm for a period of 10 – 25 years. Over the years this has helped JKSB develop strong and lasting relationships with our core client base of Foreign Funds/Individuals, Local Institutions and HNWI’s. This has contributed to our superior offering of order sourcing and placement capabilities. JKSB has ...

Feb 4, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 28-01-2022John Keells Stock Brokers (JKSB) John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH), the largest listed entity on the Colombo Stock Exchange (CSE). We are one of 15 founding members of the Colombo Stock Exchange and our history in equity trading dates back to 1896. We are widely regarded in the industry for good governance practices with an emphasis on compliance and regulations. Our core sales and research staff have been engaged with the firm for a period of 10 – 25 years. Over the years this has helped JKSB develop strong and lasting relationships with our core client base of Foreign Funds/Individuals, Local Institutions and HNWI’s. This has contributed to our superior offering of order sourcing and placement capabilities. JKSB has always ...

Jan 28, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

Tourist payments : Three new regulations from Central Bank Source:newswire.lk Statement from Central Bank CENTRAL BANK MAKES IT MANDATORY FOR HOTEL SERVICE PROVIDERS TO ACCEPT PAYMENTS FROM PERSONS RESIDENT OUTSIDE SRI LANKA IN FOREIGN EXCHANGE The Monetary Board of the Central Bank of Sri Lanka issued Rules making it mandatory for hotel service providers to accept payments from persons resident outside Sri Lanka, only in foreign exchange. These Rules are published in the Gazette Extraordinary No. 2263/41 dated 21 January 2022. With the issuance of the Rules, hotel service providers registered with and licensed by the Sri Lanka Tourism Development Authority are required to; • Accept payments for services rendered to persons resident outside Sri Lanka only in foreign exchange. • Deposit such foreign currency into a Business Foreign Currency Account of the hotel service provider or sell to a licensed bank within three business days. • Credit payments into ...

Jan 27, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Central Bank, Tourist payments

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 21-01-2022 John Keells Stock Brokers (JKSB) John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH), the largest listed entity on the Colombo Stock Exchange (CSE). We are one of 15 founding members of the Colombo Stock Exchange and our history in equity trading dates back to 1896. We are widely regarded in the industry for good governance practices with an emphasis on compliance and regulations. Our core sales and research staff have been engaged with the firm for a period of 10 – 25 years. Over the years this has helped JKSB develop strong and lasting relationships with our core client base of Foreign Funds/Individuals, Local Institutions and HNWI’s. This has contributed to our superior offering of order sourcing and placement capabilities. JKSB has ...

Jan 22, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

How can Sri Lanka save itself from the debt crisis – By Dr Nishan de Mel ...

Jan 19, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Dr Nishan de Mel

Tourist arrivals in first 11 days of 2022 exceed 31,600 Source:ft.lk Russia, India, Ukraine, UK and Germany among top source markets Sri Lanka Tourism Chief Kimarli Fernando says future trend uncertain amidst COVID pandemic Asserts SL need to ‘ride with the tide’ to sustain industry Cancellations from EU and India amidst global Omicron threat SLTDA Director General Dhammika Wijayasingha says average tourists stay has extended to 14 or more, from 10 days Most tourists come for wellness tourism, vaccination with family Tourist arrivals to Sri Lanka have exceeded 31,600 in the first 11 days of 2022, despite the challenges emanating from the global COVID pandemic and reinforcing the industry’s optimism. From 1 to 11 January, Sri Lanka received a record 31, 688 tourists, a significant rebound from 2021. Sri Lanka Tourism Development Authority (SLTDA) said during the first 11 days the highest number of tourist arrivals was from the Russian ...

Jan 15, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Chief Kimarli Fernando, COVID-pandemic, Dhammika Wijayasingha, Sri Lanka Tourism, Sri Lanka Tourism Development Authority, Sri Lanka Tourism Promotion Bureau, SriLankan Airlines