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Govt. hikes fuel prices again

Govt. hikes fuel prices again

Energy Minister Kanchana Wijesekera says price hike still has mixed results with profits and losses Manages to make profits from all petrol products and super diesel, while incurring losses from kerosene and auto diesel Admits to instructing Govt. for a partial lockdown to limit travel given the fuel shortage  Token … Read more

Free float of currency bloats foreign debt by 50% to Rs. 9.5 t

Free float of currency bloats foreign debt by 50% to Rs. 9.5 t

Fresh debate over merits of sudden flotation of the rupee Total outstanding Govt. debt tops Rs. 20 b mark to Rs. 21.7 t end March from Rs. 17.6 t Foreign debt share is 44%; at current exchange rate figure is $ 26.5 b By Nisthar Cassim … Read more

Was cash-strapped Sri Lanka duped by China in Hambantota Port? – Opinion

Was cash-strapped Sri Lanka duped by China in Hambantota Port? - Opinion

Two car-shipping carriers berthed at Sri Lanka’s Chinese-built Hambantota Port (AFP)   THE HINDU: The Chinese-built Hambantota Port has become a millstone around Sri Lanka’s neck, as the seaport has landed Colombo in a dragon debt trap and is commercially unviable, with little hope of traffic revival in … Read more

Optimalfinance Providing Years of Forex/Crypto Trading

Optimalfinance Providing Years of Forex/Crypto Trading

London, United Kingdom, June 23, 2022 (GLOBE NEWSWIRE) — Trading has always not been easy even for seasoned traders. Becoming a professional trader takes lots of practice and trading consistently to gain experience. However, not so many people turn out so good with the skill, some others just give up before they even start. For … Read more

Head-To-Head Contrast: China Minsheng Banking (OTCMKTS:CMAKY) and Nissan Chemical (OTCMKTS:NNCHY)

Head-To-Head Contrast: China Minsheng Banking (OTCMKTS:CMAKY) and Nissan Chemical (OTCMKTS:NNCHY)

China Minsheng Banking (OTCMKTS:CMAKY – Get Rating) and Nissan Chemical (OTCMKTS:NNCHY – Get Rating) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, dividends, risk, profitability, analyst recommendations and institutional ownership. Analyst Ratings This is a summary of recent recommendations … Read more

$ 16 m investment by Anunine Holdings to revive Embilipitiya Paper Mill

$ 16 m investment by Anunine Holdings to revive Embilipitiya Paper Mill

BOI Chairman Raja Edirisuriya and Director General Renuka M. Weerakone exchange the agreement with KSPA Directors Saveen Abeyratne and Sonali Abeyratne     Plans to set up pulp mill in second phase to recycle waste paper and produce wet pulp for exports … Read more

Sri Lanka Economic Association proposes measures for recovery from economic crisis

Sri Lanka Economic Association proposes measures for recovery from economic crisis

Given the enormous stock of accumulated foreign debt, and the fact that further borrowing has become exhausted and highly unsustainable, there is a need to investigate and implement alternative development financing methods to facilitate economic development … Read more

Newly-restored Embilipitiya Paper Mill to save extensive outflow of dollars, says BOI – Business News

Newly-restored Embilipitiya Paper Mill to save extensive outflow of dollars, says BOI - Business News

From right: BOI Chairman Raja Edirisuriya and Director General Renuka M. Weerakone with KSPA Directors Saveen Abeyratne and Sonali Abeyratne at the occasion of signing the agreement    Korean SPA Packaging (Pvt.) Ltd (KSPA) recently signed an agreement with the Board of Investment (BOI) with respect to the … Read more

Head to Head Analysis: LPL Financial (NASDAQ:LPLA) & Zhong Yang Financial Group (NASDAQ:TOP)

Head to Head Analysis: LPL Financial (NASDAQ:LPLA) & Zhong Yang Financial Group (NASDAQ:TOP)

Zhong Yang Financial Group (NASDAQ:TOP – Get Rating) and LPL Financial (NASDAQ:LPLA – Get Rating) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, earnings, analyst recommendations, institutional ownership, valuation, dividends and profitability. Insider and Institutional Ownership 96.1% of LPL Financial … Read more

Head-To-Head Comparison: China Merchants Bank (OTCMKTS:CIHKY) and CompoSecure (NASDAQ:CMPO)

Head-To-Head Comparison: China Merchants Bank (OTCMKTS:CIHKY) and CompoSecure (NASDAQ:CMPO)

China Merchants Bank (OTCMKTS:CIHKY – Get Rating) and CompoSecure (NASDAQ:CMPO – Get Rating) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, risk, valuation, earnings, institutional ownership and dividends. Risk & Volatility China Merchants Bank has a beta of … Read more