elanka Finance

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 ...

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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 ...

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John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY 03-12-2021 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 ...

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John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY – 19-11-2021 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 ...

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John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY – 19-11-2021 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 ...

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Sri Lanka spreads its holiday vibes at WTM as vibrant and a unique travel destination Source:Ft The World Travel Market (WTM) was held in grand style in London, supposedly considered to be one of the leading global events in the travel and tourism trade. It saw a massive crowd of interested visitors, industry stakeholders and new inventors who were able to gain an extensive knowledge of the different cultures, authenticity and tourist attractions of the various countries which participated at the fair. This gala event was scheduled from 1 to 3 November at the Excel Exhibition Hall, London, UK, promoting international travel and leisure industry throughout the world. WTM was the biggest travel exhibition ever since the pandemic broke out and became a global threat across the globe. Nevertheless, the power of the pandemic did not seem to stop the enthusiasm and interest the participants had for this world class ...

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Pioneer e-commerce entity Kapruka aims for next growth phase via Rs. 500 m IPO Source:FT IPO funds to upgrade Kapruka’s existing technology and infrastructure; expand its cross-border export activities New initiatives such as a marketplace for premium brands, a used goods and wholesale marketplace in the offing Kapruka’s turnover in FY21 up 33% to Rs. 960 m; FY22 forecast is Rs. 1.45 b and Rs. 1.8 b in FY23 Acuity Partners selected as financial advisor and manager to IPO Aimed at riding its next growth wave, Sri Lanka’s pioneer e-commerce enterprise Kapruka is to list on the Colombo Stock Exchange via a Rs. 500 million Initial Public Offering (IPO). The funds raised via the IPO will be utilised to upgrade its existing technology and infrastructure and to expand its cross-border export activities. In addition, Kapruka is planning to generate new revenue streams by introducing several new e-commerce products, including a ...

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Local HR solutions changing the way the world does business: hSenid-By Darshana Abayasingha Source:FT Pioneer software developer launching IPO later this month Modern HR business solutions are now moving into Robotic Process Automation, with machine learning entering the people management sphere. HR business systems can now do predictive analysis to say who could leave an organisation over the next six months.  Dinesh Saparamadu, Chairman of Sri Lanka’s hSenid Group of Companies, a pioneer in the global HR business solutions sphere, says the transition begun about 18 months ago with the advent of the pandemic as technologies moved into the domain space.  “If you look at most of our new customers, they are coming on the cloud using SAAS – Software as a Service model. The cloud gives huge benefit towards small to mid-sized companies, because you no longer have to pay huge licensing and infrastructure costs, you merely pay per ...

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John Keells Stock Brokers (JKSB) – Sri Lanka – STOCK MARKET WEEKLY – 12-11-2021 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 ...

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Sri Lanka Handicraft Board and Sala  partner to promote Laksala in China Sala Group Chairman/MD Chinthaka Wijewickram signing the partnership agreement with Laksala Chairman Lakmal Wickramaarachchi while State Minister Dayasiri Jayasekara looks on  Source:FT Sri Lanka Handicraft Board, popularly known as “Laksala”, has partnered with Sala Global to take products of Sri Lankan artisans overseas. The signing of the partnership was done physically and using Zoom (Hybrid). It was attended by State Minister of Batik, Handloom and Local Apparel Products Dayasiri Jayasekara, Sri Lankan Ambassador in China Palitha Kohona, Secretary Janaka Darmakeerthi, Laksala Chairman Lakmal Wickramaarachchi, Sala Group Chairman Chinthaka Wijewickrama, and Jason Wong from Alia Sleep Technology (Guangdong) Co. Ltd. China. ...

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