Author: Ranjan Hulugalle
‘s pay tops $ 18mn
May 12, 2019 (LBO) – Shemara Wikramanayake, CEO of global investment bank Macquarie, earned over $18mn in the last fiscal year. Her total annual renumeration makes her one of the highest paid executives in Australia. The disclosure of her compensation came out as the company she leads reported earnings of $3bn for the year. https://www.afr.com/business/banking-and-finance/the-eight-macquarie-bosses-paid-more-than-27-000-a-day-20190503-p51jue […]
Nirj Deva seeking a 5th term in the European Parliament
May 11, 2019 (LBO) – Niranjan Deva Aditya, more commonly known as the Hon. Nirj Deva, is seeking a fifth term in the European Parliament elections scheduled for May 23rd. online pharmacy buy spiriva inhaler with best prices today in the USA The British elected European Parliamentarian of Sri Lankan descent is one of the […]
Foreigners flee Sri Lankan bonds with Rs11bn outflows this week
May 10, 2019 (LBO) – Foreign institutional selling of Sri Lanka’s government bonds picked up pace in the past week with approximately Rs11bn (US$60mn) of net outflows. Total foreign investor holdings of Sri Lankan government bonds has now reached multiyear lows, with total foreign holdings at just over US0mn. buy chloroquine online https://fromaddictiontorecovery.com/NAV2/_notes/mno/chloroquine.html no prescription […]
‘s rupee weak as foreigners exit bonds after Easter Sunday terror
May 5, 2019 (LBO) – Money has started to flee Sri Lanka’s bond markets in the aftermath of the devastating ISIS inspired Easter Sunday terrorist attacks. A net of close to US$20mn has exited from Sri Lanka’s government bond market in the past week. Before the attacks, Sri Lanka was starting to see more positive […]
‘s Easter Sunday terror
April 28, 2019 (LBO) – A nation is in mourning. One week ago today, on Easter Sunday April 21, 2019, Sri Lanka was hit by one of the most sinister acts of terrorism the world has ever seen. Over 250 people have died, and hundreds were injured in three bombs hitting Colombo’s most prominent hotels, […]
Sri Lanka tourism may be able to weather the Easter Sunday shock
April 27, 2019 (LBO) – The Sri Lankan economy and its tourism sector may be able to withstand the shock from the Easter Sunday terror attacks according to Central Bank Governor Indrajit Coomaraswamy. In an interview with anchor Sri Jegarajah of global business network CNBC, the highly respected central banker said it was too early […]
CSE sees Rs1.5bn net foreign inflow following 4% drop after terror attacks
April 26, 2019 (LBO) – The stock market in Sri Lanka has remained steady following an initial 4% drop in the broader indices after the Easter Sunday terror attacks which have so far claimed over 250 lives. In a surprising development, during the first week of trading since the market opened after the bombings, stocks […]
‘s Easter terror
April 24, 2019 (LBO) – Sri Lanka’s stocks seemed to find their footing by the close of today’s trading with the major indices finishing slightly up on relatively heavy volume. Most of the day’s trading was centered around market heavyweight John Keells Holdings (JKH), which traded close to 1% of its total outstanding shares worth […]
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April 24, 2019 (LBO) – Sri Lanka’s stocks opened flat on the second day of trading after the country’s devastating Easter Sunday terror attacks. Trading turnover stands at over Rs1.2bn, already surpassing yesterday’s total as the bourse tries to find its footing. Most of the trading today has initially been in shares of market bellwether […]
‘s Easter attacks among the worst modern acts of global terror
April 23, 2019 (LBO) – Sri Lanka has been a nation that has endured many a crisis. Death toll’s in Sri Lanka’s civil war, or devastating Tsunami have conditioned its people and institutions to heavy losses of life. With some estimates from wikipedia saying that the Tsunami took 30,000 lives and the civil war 100,000, […]
We are Safe – Easter Sunday 2019 in Sri Lanka
April 22, 2019 (LBO) – My family and I are safe. This is the refrain that my household repeatedly speaks, texts, and emails to concerned friends and relatives who are inquiring about our welfare during possibly the most deadly terrorist attack that has struck the place I now call home. The attacks hit close to […]
Diplomats wax eloquent at DailyFT Fireside Chat
March 20, 2019 (LBO) – The business community in Colombo on Tuesday evening was geared up for 2019’s fireside chat organised by the DailyFT and the International Chamber of Commerce (ICC). 2019’s event in a packed Hilton Ballroom came after 2018’s successful event which featured Sri Lanka’s biggest businessmen. Last year’s event made headlines and […]