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Tourism earnings hit $ 500 m target for 2021 By Charumini de Silva Source:ft.lk Industry aims to springboard from recovery to resilience from 2022 onwards Govt. all set to declare 2022 as ‘Visit Sri Lanka Year’ along with Global Communication Campaign Tourism Ministry to set up Special Secretariat to coordinate 5-year GCC activities National Tourism Policy for Sri Lanka to be finalised and implemented from this month The COVID-hit tourism industry has managed to rebound with earnings of over $ 500 million in 2021. “Tourism holds a greater significance in the services sector and has been a driver of growth for the economy. The industry was the most vulnerable to COVID-pandemic, but it has proven again its resilience with remarkable resurgence. The year ended with 194,495 tourists, with earnings surpassing the target of $ 500 million,” Sri Lanka Tourism Development Authority (SLTDA) Director-General Dhammika Wijayasingha told the Daily FT. As ...

Jan 15, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Asian Development Bank, Basil Rajapaksa, Central Bank, COVID-pandemic, Dhammika Wijayasingha, International Labour Organisation, National Tourism Policy, Prasanna Ranatunga, Sri Lanka Tourism, Sri Lanka Tourism Development Authority, World Tourism Organisation

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 13-01-2022 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 14, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Stock Brokers, ohn Keells Holdings PLC, STOCK MARKET

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 07-01-2022 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 7, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Stock Brokers, ohn Keells Holdings PLC, STOCK MARKET

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 31-12-2021 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 ...

Jan 1, 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 24-12-2021John 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 ...

Dec 24, 2021 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

ComBank wins its 16th Gold for Best Annual Report in Banking sector Source:Island The Commercial Bank of Ceylon won four awards for its 2020 Annual Report at the CA Sri Lanka awards, including two Gold Awards – the Bank’s 16th Edmund J. Cooray Memorial Trophy for the Best Annual Report among Banking Institutions since 2001, and the Gold for Corporate Governance Disclosure. Reaffirming the Bank’s consistency in financial reporting excellence, the report – themed ‘A century of experience. A year of reinvention’– was also recognised for ‘Overall Excellence in Annual Financial Reporting’ with a Bronze award and won the Bronze for ‘Integrated Reporting: Best Disclosure on Capital Management.’ Incidentally, this is also the 16th occasion that Commercial Bank has been ranked among the top three companies overall for financial reporting since 2001. ...

Dec 19, 2021 Posted by eLanka admin In elanka Finance Tagged Commercial Bank of Ceylon, Edmund J. Cooray Memorial Trophy

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 17-12-2021 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 ...

Dec 18, 2021 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET

Havelock City welcomes HSBC EDPL to Mireka Tower, Colombo’s much awaited Office Space HSBC Electronic Data Processing Lanka (Pvt) Ltd (HSBC EDPL) is poised to relocate from Rajagiriya to Havelock City’s Grade-A office space, Mireka Tower. The highly anticipated office tower is set to open in mid-2022 and its opening has been further bolstered by the announcement of HSBC EDPL as its latest tenant. HSBC EDPL consolidated the move by signing a lease agreement with Havelock City (Pvt) Ltd on 13 December 2021. HSBC EDPL will occupy eight floors within the coveted office space in Havelock City, which is lauded as one of Colombo’s most sought-after locations for work. ...

Dec 17, 2021 Posted by eLanka admin In elanka Finance Tagged Director Ralph De Lanerolle, Kumi Miranda, Pravir Samarasinghe

Seeking outside help on bended knees won’t solve SL’s debt woes: Cabraal-By Nishel Fernando Source:Dailymirror Says govt.’s unique approach to current economic woes will transform SL’s external sector and debt profile for better Reiterates reaching out to IMF will not solve current crisis Assures govt. is equipped with tools and expertise to find solutions within country Says ongoing national debt restructuring exercise is not much different to a corporate debt restructuring process Assures soft landing for COVID-hit biz and individuals, once moratoria end Central Bank Governor Ajith Nivard Cabraal sees a rare silver lining for the country to transform its external sector and the debt profile to a much resilient and sustainable position, with the unique approach taken by the government to emerge out of the current external sector crisis, instead of bending the knees to the International Monetary Fund (IMF). “Every crisis has a silver lining and we should ...

Dec 11, 2021 Posted by eLanka admin In elanka Finance Tagged Ajith Nivard Cabraal, Central Bank

John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 10-12-2021 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 ...

Dec 11, 2021 Posted by eLanka admin In Articles, elanka Finance Tagged Colombo Stock Exchange, John Keells Holdings PLC, John Keells Stock Brokers, STOCK MARKET