Economy & Markets

Love Lost

Rising inflation and falling reserves is likely to put an end to Sri Lankas eight month long honeymoon with low interest rates.The Central Bank hinted that it …

Drying Up

Aid flows fell sharply in the first five months as the government lost donor support due to policy about-turns.Gross inflows in the first five months amounted …

Turning 50

Sri Lanka and the World Bank sealed half-a-century of cooperation on Friday by inking another large-scale development aid package.Sri Lanka joined the World …

Second Warning

Continuing its campaign against pyramid schemes, Central Bank is again warning the public that persons who buy a product, not for its own sake but expecting …

Moving Up

Yields for three month treasuries move up at Wednesdays auction indicating market demand for short-term maturities.rnrnrnHowever, the Central Bank said that …

Bomb in Colombo

The Colombo stockmarket reacted negatively to the Wednesday morning suicide bomb explosion that has so far left four dead and fifteen others in hospital,. The …

Colombo Rocks

The bomber was escorted to a police station opposite the US and British diplomatic missions after security guards prevented her from entering a ministry in the …

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