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CSE moves into red territory; both indices dip for the first time in 2023

By Hiran H. Senewiratne External and internal gloomy environmental conditions moved the CSE into red territory and ended April, sans the New Year season, with both indices suffering a dip for the first time in 2023 yesterday, market analysts said. The stock market indicated negative due to panic-selling and margin calls. Consequently, the market declined […] ....

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Global banking sector instabilities affect local bourse

By Hiran H.Senewiratne CSE trading got off to a positive start but later turned negative yesterday due to huge selling pressure. The reasons being investor worries over a domestic debt restructuring mechanism after having secured the IMF loan and the negative global scenario when it comes to the banking sector, market analysts said. According to […] ....

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'Govt. lacks mechanism to recover USD 40 billion spirited out of SL from 2008 to 2018' – The Island

By Hiran H.Senewiratne The government doesn’t have any mechanism to recover the USD 40 billion that was siphoned out of the country illegally from 2008 to 2018 by Sri Lanka’s business elites, Senior Lecturer, Department of Economics, University of Peradeniya Dr. Kalpa Rajapaksha said. “Most people think that the IMF loan is a victory for […] ....

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Aitken Spence Travels welcomes the first luxury passenger cruise ship for the winter season

Aitken Spence Travels welcomes the first luxury passenger cruise ship for the winter season
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AIBS campus holds its Higher Education Fair-2022

Asian Institute of Business and Science (AIBS campus) successfully concluded its inaugural Higher Education Fair recently at Movenpick Hotel, Colombo. The event was organized to showcase the programs that are available at AIBS campus for Sri Lankan students in the streams of Science, Business, and Information Technology. The institute was established in 2018 by its […] ....

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