Changing Tide
Treasury Secretary Dr. P B Jayasundara says the government’s mid-term borrowing programmes will avoid crowding out the market, releasing the funds for the …
Economy & Markets
HDFC ties up with Citibank to raise Rs. 500 mn through a 10-year securitised paper
HDFC Bank signed up with Citibank N.A. to raise half a billion rupees through a 10-year securitised paper to feed its booming housing loan portfolio. HDFC Bank …
The opposition will march on Colombo streets on September 24
The main opposition United National Party, is trying to shake off 'its sleepy giant image', with a countrywide street protest against the rising cost of …
Seylan Bank collects a BBB+ (sri) rating for its upcoming Rs. 1 bn debt issue
Seylan Bank collected a BBB+ (sri) rating from Fitch Ratings Lanka for its upcoming Rs. 1 bn debt issue. Seylan Bank collected a BBB+ (sri) rating from Fitch …
Central Bank warns subsidies cant continue
The Central Bank of Sri Lanka expressed concern on State sponsored subsidies, but said overall growth remains on track, to ensure there need not be a change in …
Central Bank raises US$ 55.25 mn worth of two-year debt at 163.48 basis points above six months LIBOR rates
The Central Bank has raised US$ 55. buy stromectol online buy stromectol online no prescription 25 mn for the government through two-year Sri Lanka Development …
The US gives US$ 100,000 to supply drinking water to drought affected families
The US has given a US$ 100,000 to the Sri Lanka Red Cross to supply drinking water to 12,000 drought affected families. online pharmacy buy abilify with best …
Seylan Merchant Bank is raising up to Rs. 200 mn in debt to feed its growing leasing business
Seylan Merchant Bank (SMB) is raising up to Rs. 200 mn in debt to feed its growing leasing business. Seylan Merchant Bank (SMB) is raising up to Rs. 200 mn in …
Central Bank to go for long term bonds
Central Bank told primary dealers that four and five year bond auctions will be held soon after gilt yields declined in the market. buy albenza online …
Govt.’s role to expand, as private sector cant lead the country on its own
The Treasury Secretary said they plan to expand the role of the government because they think the private sector alone can't lead the country. online pharmacy …
Treasury yields fall as government banks and pension funds put in low bids
Treasury bill and bond yields fell in primary auctions this week as government banks and pension funds put in low bids that drove yields down. Treasury bill …
ADB asks Lanka to get cracking on reforms and economic development
Asian Development Bank’s half a million dollar commitment to Sri Lanka could hit a bumpy stretch if much needed reforms and economic performance gets …
Banks wetting government’s 10,000 tank restoration project
Sri Lankan banks are putting millions on the government’s water-tank-horse that is expected to bear the island into an era of prosperity. Sri Lankan banks …
Sri Lanka seeks more UN peacekeeping slots
Sri Lanka's military Wednesday said it was seeking more UN peacekeeping jobs as the island's first batch of 750 troops prepared to leave for Haiti. buy …
Tigers accuse Sri Lanka troops of launching attack
Tamil Tiger rebels Wednesday accused security forces of attacking them in eastern Sri Lanka, in one of the worst outbreaks of fighting during the current …
Urban residents could go dry for water under a new farmer-friendly national water policy
Urban residents could go dry for water under a new farmer-friendly national water policy drafted by the Agricultural Ministry. buy amoxil online …
Sri Lanka is not so hot to do business, says a World Bank study
Sri Lanka might spend millions marketing itself as a paradise destination but a recent World Bank study finds that as a place to do business in, the island is …
ADB lends US$ 570 mn focusing on infrastructure and rehabilitation
The ADB is planning to lend US$ 570 m to Sri Lanka over the next two years, according to a Country Strategy and Program (CSP) Update for 2005-2006 endorsed by …
HNB mopped up Rs. 200 mn worth of securitised paper from People’s Leasing Co. locking returns up to four years
Hatton National Bank bought up Rs. 200 mn worth of securitised paper on Monday, locking returns for up to four-years. Hatton National Bank bought up Rs. 200 mn …
Mercury Rising
The Treasury says it will try to maintain fiscal discipline and try to keep interest rates low as much as possible.buy ivermectin online buy ivermectin online …