Category Archives: Investing in Sri Lanka

The Budget’s impact on Entrepreneurship – 24×7 Derana


Published on Friday, November 17, 2017

“The government is proposing to ignite entrepreneurship through facilitation and support of all types of services ….and this is significantly reflected through out the budget under the concept of ‘Enterprise Sri Lanka’.” First Capital’s Head of Research Dimantha Mathew discussing the budget’s impact on Entrepreneurship at Derana 24×7. Watch full interview >> …
Continue reading

Sri Lanka – Budget 2018 Review


Published on Friday, November 10, 2017

The Budget for 2018 focused promoting entrepreneurship and proposing structural changes to convert the economy to a more outward looking policy framework while also taking an active stance in promoting green environment and also providing an enabling environment for Public Private Partnerships. Government plans on a sustained path of fiscal consolidation as it aims for… …
Continue reading

First Capital sponsor Ninth Hole at Rotary Metro Charity Par 3 Golf Classic


Published on Friday, October 27, 2017

The Rotary Metro Charity Par 3 Golf Classic organized by the Royal Colombo Golf Club in partnership with the Rotary Club of Colombo Metropolitan is scheduled to be held tomorrow 28th October 2017. As the exclusive sponsor of the Ninth Hole and Hut First Capital has planned some exciting give-aways for the golfers who are expected… …
Continue reading

Monthly Economic Watch – October 2017


Published on Tuesday, October 17, 2017

Content Briefing Monetary Policy Review IMF Inflation M2B & Sector Credit Reserves & Liquidity Currency Movement Government Securities Finance Sector Rate Movement External Sector Tourist Arrivals Global Markets Read the full report here: Monthly Economic Watch – October 2017 The comments on this report are provided by the Capital Markets Research Unit of First Capital… …
Continue reading

First Capital team participates at “Invest Sri Lanka” Investor Forum – New York


Published on Tuesday, October 17, 2017

  The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with stock brokers in Sri lanka (CSE Member Firms) and leading listed companies was held yesterday (October 16) at the Sofitel New York receiving an unprecedented response from the… …
Continue reading

4th Asia Pacific Choir Games and Grand Prix of Nations


Published on Tuesday, October 17, 2017

The Asia Pacific Choir Games and Grand Prix of Nations is preparing to take over Colombo from Saturday, 21st October to Saturday, 28th October 2017 with over 3,500 international and local participants. The weeklong festival of choral competitions, friendship concerts and gala celebration concerts will be the harbinger of good tidings for the future of… …
Continue reading

First Capital’s A- rating reaffirmed by ICRA Lanka


Published on Thursday, October 12, 2017

The issuer rating of SL[A-] with stable outlook was reaffirmed for First Capital Holdings PLC (First Capital) by ICRA Lanka Limited, a subsidiary of ICRA Limited, a group company of Moody’s Investors Service.  ICRA Lanka also reaffirmed the issuer rating [SL]A- with stable outlook for First Capital’s standalone primary dealer First Capital Treasuries PLC.  … …
Continue reading

Sri Lanka to add dollar-denominated board to Colombo Stock Exchange [Oxford Business Group]


Published on Wednesday, October 11, 2017

Published on Oxford Business Group | 29 September 2017 The Colombo Stock Exchange (CSE) is finalising plans to launch a dollar trading board, part of a broader strategy to develop Sri Lanka’s bourse into a regional capital markets centre and boost the inflow of foreign funds.   Dilshan Wirasekara, CEO of First Capital, speaks to… …
Continue reading

Pre-Policy Analysis – 25th September 2017


Published on Tuesday, September 26, 2017

First Capital Research Sep 2017 GDP growth for 2Q 2017 was better than expected, grew by 4.0%YoY in the 2Q2017 with the industrial and the services activities recorded higher growth rates of 5.2%YoY and 4.5%YoY respectively. FC Research upgrades private sector credit growth for 2017E to 16% from 14% amidst a possible pickup towards year… …
Continue reading

First Capital Fixed Income Recommendation – August 2017


Published on Tuesday, August 15, 2017

Economic Health Score Recommendation Recap of Dec 2016 Economic Wrap Read the full report – First Capital Fixed Income Recommendation August 2017   The comments on this report are provided by the Capital Markets Research Unit of First Capital Holdings PLC an investment bank in Sri Lanka. The company operates in the capital markets of Sri Lanka proving services… …
Continue reading