These include three-and-a-half years tax holiday for companies listing in the Colombo Stock Exchange
before December 2013 with a minimum public float of 20 per cent.
When we spoke to the people in the industry, the feedback we got was that Dubai was where a lot of the major funds that invest in the region are headquartered," said Krishan Balendra, chairman of the Colombo stock Exchange
Colombo Stock Exchange
, in collaboration with The Securities and Exchange Commission of Sri Lanka, has planned four Investor Forums in key international financial hubs this year.
The sad truth today is that the Colombo Stock Exchange
has become the premier centre for money laundering east of the Suez canal," said Samaraweera, who is an opposition legislator.
There was no serious fighting following the announcement of peace talks Tuesday and the Colombo Stock Exchange
responded positively to the prospects of peace Wednesday, with two key indices each moving up more than 2 percent from the day before.
The Australian study reviewed the top 20 firms listed on the Australian stock exchange by market capitalisation and ours reviewed the top 30 listed on the Colombo stock exchange
by market capitalisation.
And so, in 1995, the government made the decision to commence privatization of the regional plantation companies with the stated aims of 1) ensuring that the plantations, which are one of Sri Lanka's most important resources, were managed efficiently and effectively by passing on the full risks and benefits of such management to the private sector; 2) admitting the regional plantation companies to the official list of the Colombo Stock Exchange
in order to enhance the marketability of the shares among the public and to allow the regional plantation companies greater access to the capital markets of Sri Lanka; 3) encouraging wider share ownership among the general public.
Today's announcement builds on TIBCO Finance's recent successes in providing its advanced software products to many major exchanges around the world, including The Nasdaq(R) Stock Market, LIFFE, the Colombo Stock Exchange
and the Sydney Futures Exchange.
Leading conglomerate Aitken Spence PLC recorded a challenging third quarter but showed a steady performance for the nine months, revealed its interim results to the Colombo Stock Exchange
(CSE) released on Wednesday.
Sri Lanka-based Innovest Investments has introduced a Shari'ah-compliant investment plan that comprises of only Shari'ah-compliant stocks traded on the Colombo Stock Exchange
That outcome has already driven the surging Colombo Stock Exchange
deeper into record territory, with gains of more than 170 percent since it hit a trough at the end of 2008.
He has served as director for several institutions, including the Colombo Stock Exchange
and Forbes Financial Services, among others.