Investments

LOLC Group Launches Rs. 3 Billion Takeover Bid for Sierra Cables After Acquiring 30% Stake

LOLC Group is set to make a Rs. 3 billion takeover bid for Sierra Cables following the acquisition of a 30% stake in.

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Economics

Colombo Marina Development Receives Strategic Venture Designation for Exemptions and Incentives

Browns Investments’ Colombo Marina Development (Private) Limited has been officially designated as a primary venture with strategic development status under the Colombo Port.

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Industry Analysis

Browns Investments has finalized its acquisition of Lipton Teas in Kenya and Rwanda.

Browns Investments PLC has finalized its acquisition of Lipton Teas and Infusions’ businesses in Kenya and Rwanda, as confirmed in a disclosure to.

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Forex Market

Sri Lanka Stocks Close Higher with Renewed Interest in Apparel Sector

The Colombo Stock Exchange ended on a positive note on Thursday, as indicated by the data on its website. The broader All Share.

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Markets

Sri Lankan Market Ends July with LKR 4.0 Bn Turnover Amid Broad Declines

July ended with a market turnover of LKR 4.0 billion as indices closed in the red due to price losses in key counters.

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