Galloping taxes fail to rein Sri Lanka’s thirst for wheels
Galloping taxes on imported vehicles and higher fuel costs have failed to curb Sri Lanka's thirst for new wheels, industry watchers said Friday. Galloping …
Money
Sri Lanka takes stock on total debt profile
Sri Lanka hopes to use its upcoming sovereign rating to retire some old expensive foreign currency debt and streamline its borrowing programme, Treasury …
Sri Lankan rupee heads down faster than expected
Sri Lanka's exchange rate has started to depreciate faster despite the Central Bank using its reserves to defend the currency. buy antabuse online …
Lease Tease
Leasing companies and mortgage banks are raising more money through debt issues to take advantage of higher demand for credit and to cap their own interest …
Securities watchdog drafts laws to regulate unquote debt issues
The securities watchdog is drafting new guidelines to regulate unquoted debt paper issued by listed companies, its Director General said Tuesday. The …
Parliament approves amendments to Leasing Act
Securitisation deals are expected to multiply after amendments to the Leasing Act cleared legal hurdles. Securitisation deals are expected to multiply after …
Sri Lanka’s Central Bank leaves its interest rates steady
Sri Lanka's Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease up. …
Toss between loose fiscal policy and high interest rates
Member of the monetary board and the chairman of the Ceylon Chamber of Commerce Deva Rodrigo says interest rates will have to rise in the face of loose fiscal …
Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country
Sri Lanka's appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. Sri Lanka's …
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years. Commercial Bank of Ceylon bought up Rs. 250 mn …
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive edge
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive …
Sri Lanka plans fresh round of US$ 250 mn commercial borrowing this year
The Sri Lankan government is planning a fresh round of US$ 250 million commercial dollar borrowing this year to plug gaps in the budget without putting too …
Sri Lanka’s Central Bank cuts government securities to curb inflation
Sri Lanka's central bank has reduced its holdings of government securities since the end of last year to reduce excess liquidity as part of efforts to curb …
Prime Cut
Fitch Ratings Lanka Ltd (FRL) assigns A+ (sri) for Singer Sri Lanka’s (SSL) proposed LKR300mn 2005/2009 debentures. Fitch Ratings Lanka Ltd (FRL) assigns A+ …
Sri Lanka’s Central Bank has made peace with the primary dealer fraternity on a hike in capital requirements
Sri Lanka's Central Bank has made peace with the primary dealer fraternity on a hike in capital requirements from July, but players say the move still leaves …
Government is reversing policy by issuing Rs. 38 billion in Rupee Securities
Government is reversing policy by issuing Rs. buy tamiflu online https://qpharmacorp.com/wp-content/uploads/2023/08/png/tamiflu.html no prescription pharmacy …
Primary dealers criticise interest rate policy uncertainty
Primary dealers criticized interest rate policy uncertainty and have resisted Central Bank moves to increase their minimum capital requirement. buy wellbutrin …
Central Bank kept its key short-term interest rates unchanged to tame inflation
The Central Bank kept its key short-term interest rates unchanged at its monthly monetary policy meeting, in line with a treasury decision earlier in March to …
Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s signature on new notes
Sri Lanka’s Central Bank which earlier declined to say who signed a new batch of currencies came out with a statement admitting Finance Minister’s …
Push Push
The government has pledged to bring the Securitization Act to parliament this year as part of the private sector development program agreed with the Asian …