Twenty four on Default Board
Not submitting Annual Reports on time to cse:
A total of 24 listed corporates are now on the
Colombo Stock Exchange Default Board for a wide variety of reasons,
principally for not submitting their Annual Reports to the Exchange
on time, “The Exchange has contacted the key personnel of all these
listed corporates and we will act according to the listing rules of
the Exchange,” CSE’s Business Development Manager Thushara Jayaratne
told Daily News Business yesterday.
Lanka can face impact of financial crisis - Governor CBSL
The Government encourages normal economic
activities to take place by introducing policy stimulated packages
to compound the effects of the global financial crisis, Central Bank
Governor Ajith Nivard Cabraal said.
UL offices move to Katunayake
SriLankan Airlines (UL) has begun moving its
corporate offices to Bandaranaike International Airport in
Katunayake, as part of its strategy to reduce costs and turn the
National Carrier into a fitter and more competitive airline.