Colombo’s stockmarket may have exploded in six months time if not for this week’s intervention by the Securities Exchange Commission (SEC) and the Colombo Stock Exchange (CSE) after the market went into a tailspin with frenzied and casino-type activity, an issue that has worried foreign investors for many months.
A new housing scheme catering to Sri Lankan housemaids who work abroad is being introduced by Nivasie Developers (Pvt.) Ltd. a fully owned subsidiary of International Construction Consortium Ltd. (ICC).
