Articles Tagged “Colombo Stock Exchange”

  • The-finance-companies-July-2015-01

    The Six Billion Rupee Question

    In December, the Central Bank loaned Rs6 billion to The Finance Company (TFC) utilizing funds from the Sri Lanka Deposit Insurance and Liquidity Support Scheme (SLDILSS). TFC has been struggling with liquidity stresses and regulatory non-compliance since the 2008 Ceylinco crisis debilitated the finance…

  • banner_luckylanka_may_2015

    Lucky Lanka’s Post-IPO Troubles

    It is now reporting a loss, and its share price has come down 30% since its listing. What went wrong for Lucky Lanka? It’s the stuff of business legend: a man barely out of his teens…

  • Pic 5

    Everybody Agrees: It’s Time for Stockbrokers to Up their Game

    Unethical practices and disregard for rules at the top percolate throughout. The mistrust of stockbrokers and the capital market today is more a leadership crisis than anything else Soon middle class Sri Lankan savers will be…

  • Pic 1

    Credit Rating Agencies: Dyeing Muddy Waters

    Credit ratings have implications beyond risk pricing in the capital market. They are used in regulating banks and the capital market, so their accuracy has far reaching implications Companies have issued a record number of bonds by value this…

  • PCH Web

    Rise and Fall of PC House

    Empire builders often reached out to banks help fund extending their midas touch to undervalued firms where dispassionate controlling shareholders rely on outdated strategy. Leverage is a powerful tool. It’s allowed these bold visionaries a…

  • Mar12013-markets2-02

    So how’s that long beta strategy working for you?

    During the market bubble easy money attracted investors to the business of running a stock brokerage. Some licensees adapted their brokerages to serve the volumes generated by retail investors who in their frenzy accounted for…

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    ‘Ten point plan’: no kidding

    It’s encouraging, despite the challenges besieging it, that the SEC has not lost its sense of humor. On the home page of its website against an orderly school of fish framed against turquoise water it…

  • Inside-Image

    How MillenniumIT helped pull LSE back from the brink

    Rarely, if ever, does a Sri Lankan firm play in the world of high finance. Small companies here lacking exciting products and management that don’t have globalist visions can’t succeed internationally. But occasionally there will…

  • Trust-PSD

    A Crisis of Trust

    If equity analysts at Sri Lankan investment banks and brokerages had any of their pay linked to performance last year, many would have ended up being rather poorly paid. When the market reached its heady…