Sri Lanka’s top entrepreneurs and professionals including 15 owners of local firms, lawyers, doctors and engineers got onto the streets on Tuesday protesting against the proposed Comprehensive Economic Partnership Agreement (CEPA), alleging that it will further liberalize trade and services and provide an undue advantage for India.
The Bank of Ceylon (BOC), shortlisted by the Colombo Stock Exchange (CSE) to receive a stockbroking licence, is set to incorporate a trading firm with the intention of publicly listing it on a later date. “We will incorporate the company soon and list it in the CSE at a later date,” its chairman Gamini Wickremesinghe told the Business Times.
