Category: Sri Lanka
Sri Lanka: Palm Oil Industry Outlook
The outlook for the palm oil plantation industry in Sri Lanka is complex and subject to various economic, environmental, and policy factors. Here are some key points to consider based on the provided context: Given the dynamic nature of the industry and the evolving policy landscape, stakeholders in the palm oil industry in Sri Lanka…
Rights Issue of shares
A Rights Issue is a method by which a company raises additional capital by offering existing shareholders the opportunity to purchase additional shares directly from the company in proportion to their existing holdings within a fixed time period. The procedure for a Rights Issue, as outlined in the context provided, involves several key steps: This…
Sub division of shares
Sub-division of shares, also known as a stock split, is a process by which a company increases the number of its outstanding shares by dividing each share into multiple shares, without changing the company’s stated capital. This means that while the number of shares increases, the total value of the shares held by each shareholder…
TAL lanka Hotel PLC: Latest Financial position and profitability
latest financial position and profitability of TAL Lanka Hotels PLC (formerly known as Taj Lanka Hotels PLC) can be summarized from the interim financial statements for the year ended 31st March 2024: These figures indicate that TAL Lanka Hotels PLC has experienced a substantial increase in revenue and has turned around its profitability from a…
Get Research Papers of any listed Company in Sri Lanka for free
Now you can get research papers based on financial performance of any listed company in Sri Lanka instantly through LankaBIZ AI Simply type the prompt: “Research Report on the Financial Performance and future outlook of COMPANY NAME” on LankaBIZ AI Chat interface and get your research paper instantly. You can also ask questions about future…
Top AI Tools in Sri Lanka
Find below the Top GPT’s and AI Tools for Sri Lanka listed on the basis of skill and knowledge. Top GPT’s | ChatGPT Apps General Chat Reviews ChatGPT ChatGPT is an AI-powered language model developed by OpenAI. It has been trained on a massive amount of text data from the internet and can generate human-like…
Access Engineering PLC current financial status and future outlook
Access Engineering PLC (AEL.N0000) has shown an improvement in revenue and profitability in the period ended 31st December 2023 compared to the previous year. The company has also managed to reduce its debt to equity ratio significantly, indicating a stronger balance sheet. The interest cover ratio has improved, suggesting better earnings relative to interest expenses.…
Latest financial status and future outlook of Arpico Insurance PLC
Arpico Insurance PLC has Reported as loss of LKR 625mn for the FY2023 (Unaudited). This Loss of LKR 9/= per share has eroded the shareholders equity by massive 23% to LKR 1,470mn. Poor performance mainly attributable to high Actuarial Provisions and Inefficient Management of Insurance Funds. Latest Financial Status as of December 2023: Latest Accounts…
Comparative Analysis of the Insurance Companies
Comparative analysis and valuation of the key insurance companies listed on the Colombo Stock Exchange based on the latest corporate results released or estimated as of 31st Dec 2023. This analysis and information is compiled by LankaBIZ (GPT) – Sri Lanka’s First ever AI Assistant for Stock Market and Research. Click below link to ask…
First Capital Holdings PLC. Current Financial performance and future outlook
First Capital Holdings PLC has demonstrated a strong financial performance in the nine months ending 31 December 2023. Here are the key points regarding their current financial performance and future outlook based on the provided context: Current Financial Performance: This analysis and information is provided by LankaBIZ (GPT) – Sri Lanka’s First ever AI assistance…
What are the central bank regulations relating to finance companies?
The Central Bank has established several regulations relating to finance companies, as outlined in the provided context. Here are the key points: These regulations and legislative amendments are part of the Central Bank’s efforts to ensure the stability and resilience of the financial sector, protect consumers, and align with international standards.
LankaBizz: Sri Lanka’s First ever Artificially Intelligent (AI) Business and Research Assistant
LankaBIZ is designed to offer accurate answers to queries on Sri Lankan economy, regulations, stock market and research. Analysis & ResearchLatest analysis and research of key business sectors and industries in Sri Lanka. Economic OutlookLatest reports, indicators and surveys relating to economic performance of Sri Lanka. Business RegulationsLatest laws and regulations applicable to operating a…
Suspension of Parate Execution: Impact to Banking Sector
– Increase in Non Performing Loans– Decrease in Banks Profitability– Lower lending due to high credit risk– Banks to face Liquidity/stability Issues– Loss of Investor Confidence Sri Lanka’s banking sector is on the edge after being forced to follow the government’s decision to suspend parate execution rights. This move, seen as caving to pressure from…
Colombo Stock Market ready for another Downtrend?
Colombo Stock Market ready for another down trend ahead of 31st March 2024 quarterly results which is expected to be adversely affected by the escalation of Value Added Tax (VAT) Rate to 18% with effect from 1st January 2024. In an attempt to raise government revenue, the VAT rate on applicable goods and services increased…
Agriculture Sector of Sri Lanka
The agriculture sector plays a crucial role in the economy of Sri Lanka, employing a significant portion of the population and contributing to the country’s GDP. However, despite its importance, the sector faces several challenges that hinder its growth and potential. This critical analysis will delve into some of these challenges and propose potential solutions…
Sri Lanka: Stock Market Performance (2022-2024)
The period between 2022 and 2024 for the Colombo Stock Exchange was characterized by resilience in the face of global and domestic challenges. While volatility was a significant factor, the market also showed signs of adaptability and potential for recovery. The performance of the CSE during these years underscores the importance of diversification, informed investment…
ANALYSIS: Sri Lanka Car Market 2024
Sri Lanka: Total Vehicle Population (2012-2023) Car Registrations in Sri Lanka decreased to 108 Units in November from 129 Units in October of 2023. Car Registrations in Sri Lanka averaged 2191.31 Units from 1997 until 2023, reaching an all time high of 15017.00 Units in September of 2015 and a record low of 41.00 Units…
Richard Pieris Exports PLC (REXP.N0000) future looks bleak!
Richard Pieris Exports PLC one of the premier exporters of rubber products in Sri Lanka is facing serious loss of revenue and facing doubt about future survival due to following reasons. – Loss of Competitiveness due to non adaptability. – Internal financial mismanagment and lack of financing. – Falling Revenues due to depreciation of USD…
How to report tax evasion?
To report tax evasion in Sri Lanka, you can follow these steps: Remember, tax evasion is a serious offense, and the Inland Revenue Department encourages individuals to report any suspected cases to ensure compliance and fairness in the tax system.
How to defeat Ranil Wickramasinghe at the next Presidential Elections
Artificial Intelligence (AI) Response Based on the information provided, here are some strategies that could potentially be used to defeat Ranil Wickramasinghe at the next presidential elections: 1. Build a strong opposition coalition: Bring together different political parties and factions that are opposed to Wickramasinghe’s leadership. This will help consolidate support and present a united…
Future potentials of Tourism Industry in Sri Lanka?
The tourism industry in Sri Lanka has several potential growth areas, as indicated by the context provided: To maximize the potential of the tourism industry, a combined effort by all stakeholders, including the government, private sector, and local communities, is required. This includes addressing current challenges, investing in marketing and infrastructure, and continuously exploring new…
Future potentials of Tea Industry in Sri Lanka
The future potential of the tea industry in Sri Lanka can be understood by analyzing the strengths, weaknesses, opportunities, and threats as outlined in the provided context: The context also suggests that the future of the agricultural sector, including the tea industry, lies in intensified production due to limited land availability and the need to…
Sri Lanka: Banking sector stability and soundness
The overall soundness of the banking sector in Sri Lanka, as indicated by the Banking Soundness Index (BSI), improved at the end of Q3 of 2023 compared to the corresponding period of the previous year. The BSI is a composite indicator that reflects various aspects of the banking sector’s performance and stability, including asset quality,…
How to Register company in Sri Lanka?
To register a company in Sri Lanka, especially if it’s an overseas company looking to establish a place of business within the country, the following steps and requirements, as outlined in the provided context, should be followed: These steps are based on the information provided in the context and are specific to overseas companies. Local…