As at June 2026, #LIOC had net CPS of Rs99 (incl LT financial investments) vs a share price of Rs135
Amid modest capex and a low payout, LIOC's net cash hoard had risen to Rs53 bn by June 2026
Share has however significantly underperformed #CSE ASPI #lka during past three years
BREAKING: Iran has rejected a U.S.-backed 10-day Qatari ceasefire proposal, with senior Iranian analyst and close adviser to Iran's negotiating team Mohammad Marandi dismissing the offer with a blunt message: "Don't even think about it."
The proposal reportedly called for a 10-day truce that would reopen two shipping lanes through the Strait of Hormuz. Marandi has previously said Iran has "no plans" to resume negotiations, citing a "fundamental lack of seriousness" from the Trump administration, while Iranian officials have repeatedly said talks will not resume until the threat against Iran has ended.
I’ve noticed it today. @CSE_Media
So if we can’t extract the data without written approval, so an investor have to go one by one and read all the 230+ companies reports and lists?????
We need more CSE based financial platforms to provide such data and they need to monetize it to provide such services!👨🏻💻🙄
"My father is a DIG."
"It doesn't matter who your father is. He isn't the one who pays our salary."
A traffic police officer's response to a driver who claimed his father was a Deputy Inspector General has gone viral on social media.
The exchange took place after the officer ordered the driver to move a vehicle that had been parked in a no-parking zone.
We are a country with high tax rates and a narrow tax net. Our VAT rate is 18%, and it should be gradually reduced to 10%. Our corporate tax rate is 30%, and that should also be gradually reduced to 15%. PAYE tax rates are high as well, and citizens in a country like ours should not be paying up to 36% PAYE, considering the quality of life and public services they receive.
Furthermore, there should be a 12% tax band after 6%, instead of jumping directly to 18%.
However, if we want to reduce taxes, the government must first collect more revenue. To collect more revenue, the tax net must be broadened. In my opinion, PAYE should start from an income of Rs. 50,000 at a rate of just 1%. This is simply to bring more people into the tax net.
Otherwise, we will continue with high taxes, taxpayers will feel demotivated by the poor returns they receive from the country, businesses will become less competitive, and others will continue to operate outside the system.
The VAT threshold is one example. It should be lower to ensure fair treatment for everyone. Cash sales must be reduced by promoting digital payments. To achieve this, banks should be compelled to reduce service charges. In return, they will gain a larger customer base.
The Central Bank should also consider stop using Rs. 5,000 notes from circulation and encouraging undisclosed funds to enter the banking system through a disclosure mechanism, similar to what India implemented. Then a new series of 5000 notes can be started.
All employment payments should be made through bank accounts, with no cash payments. Public transport and taxi payments can also be made mandatory through digital channels.
If India can get even street vendors to accept digital payments, why can't we?
Furthermore, we must create a more investment-friendly environment to attract greater foreign investment. Investors look for policy consistency, a simple tax system, efficient regulations, and ease of doing business. Capital will naturally flow to countries where businesses can operate with confidence and predictability.
We also need policies that encourage employees to become employers and sole traders to become incorporated businesses. Economic growth comes from creating more entrepreneurs, not just more employees.
If someone has a viable business proposal, access to finance should not be blocked by excessive requirements and bureaucracy. Banks should be more willing to lend based on business viability and cash flow, especially for SMEs and startups. A young entrepreneur with a good idea should not need substantial assets before receiving support.
Foreign investment brings capital, technology, jobs, export growth, and tax revenue. If we want sustainable economic growth and lower tax rates in the future, attracting foreign investment must be a key part of the strategy.
If you think you can't, you won't. If you think you can, you will find solutions to the challenges. No country has ever been transformed without difficult reforms. Changes must be implemented step by step, but once progress is made, it should not be reversed.
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