14/03/2014 Morning News § Sri Lanka tourist arrivals up 24-pct in February Sri Lankas tourist arrivals rose 24.5 percent to 141,878 in February 2014 from a year earlier, with India, Russia and China leading gains, the state tourism promotion office said. – LBO § 38 NBFIs under due diligence study by nine audit firms for mergers A panel of nine reputed audit firms are currently engaged in a due diligence exercise on 38 individual Non Bank Finance Institutions (NBFIs), whose merger or absorption proposals are expected by end of this month. – Daily FT § HDFC Bank’s CEO/GM, Nimal J B Mamaduwa stated that the Bank recorded a profit before tax of Rs. 306.9 Mn in 2013 as against Rs. 125.8 Mn in the year 2012.– The Island § The recently-concluded IPO of Alumex Ltd. has drawn heavy retail appetite, reflecting that confidence is gradually returning to new issues from the larger base of investors. – Daily FT § Colombo Dockyard PLC, has built the largest passenger vessel in its history, which could accommodate 400 passengers plus 250 tonnes of cargo, which would be completed in the first quarter of 2014. – Ceylon Today § Sri Lanka shares fell for a fourth straight session on Thursday to a more than one-week low in thin trade as concerns over a proposed United Nations resolution, which could have an impact on the countrys economy, hit sentiment, brokers said. – Ceylon Today § Asiri Hospital Holdings Plc has announced a delisting move of its subsidiary Asiri Central Hospitals Plc (ACH) at Rs. 275 per share. The announcement was made after the market’s closure. – Daily FT § China’s weakest start to a year for investment growth since 2001 and unexpectedly slow industrial production add pressure for economic stimulus, just as Premier Li Keqiang signals he wants to avoid such a move. – Bloomberg § Sales at U.S. retailers rose in February for the first time in three months, claims for jobless benefits dropped last week and consumer confidence improved. - Bloomberg
Posted on: Fri, 14 Mar 2014 04:30:10 +0000
Trending Topics
Recently Viewed Topics
© 2015