HDFC Bank gets an A (sri) credit rating for senior debt
State housing giant HDFC Bank's long-term unsecured senior debt got an A (sri) credit rating from Fitch Ratings Lanka. State housing giant HDFC Bank's …
Economy & Markets
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The World Bank lends US$ 64.7 mn for agro and community development projects in the North & East.
The World Bank has come forward with a US$ 64.7 mn loan to finance agro and community development projects in the North & East. The World Bank has come forward …
India wants 187 items removed from Sri Lanka’s negative list that gives protection to 1,180 items
Sri Lanka and India will meet in mid August for another round of hard bargaining on the Indo-Sri Lanka Free Trade Agreement (ISLFTA). online pharmacy buy …
Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations.
Six-month tourist arrivals to the paradise isle are slightly wobbly, responding to the peace sensitivity index, but are on track with year-end expectations. …
Donors want a joint aid group that was set up last year, to get moving to better plan aid and ensure funds go down to the levels its meant to reach.
Donors want a joint aid group that was set up last year and including government, to get moving to better plan aid and ensure funds go down to the levels its …
Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast.
Sri Lanka may lose hard won access concessions into the EU market, if local labour laws are not liberalised fast. buy phenergan online …
Cash rich National Savings Bank bought up Rs. 60 mn worth of securitised paper last week, locking its returns for up to one year.
Cash rich National Savings Bank bought up Rs. 60 mn worth of securitised paper last week, locking its returns for up to one year. buy orlistat online …
The government issues a US$ 50 mn two-year bond, next month as part of efforts to raise up to US$ 400 mn
The government is issuing a US$ 50 mn two-year bond, next month as part of its fund raising drive to bridge the budget deficit. buy stromectol online …
Friendly Overtures
India says it is looking at new areas for enhancing economic cooperation with Sri Lanka, including agriculture, and a line of credit for the island nation was …
Ten percent of the Lanka’s reserves have been drained so far, as the Central Bank tries to defend a weak rupee.
Ten percent of the country’s reserves have been drained this year as the Central Bank intervened in the market to defend the Rupee, which is on a steady …
Central Bank backs agro growth through credit from formal financial sector, rather than direct intervention
Central Bank's new thrust to grow the agriculture sector would be backed by credit from the formal financial sector, rather than direct intervention from the …
US Lanka talks on “MegaPorts”
The United States and Sri Lanka will soon enter discussions regarding the island's participation in "MegaPorts," a U.S. Department of Energy (DOE) initiative …
Treasury Secretary invites exporters for talks
The Treasury Secretary gave an open invitation to exporters and SME’s to form industry clusters under the National Council for Economic Development (NCED) on …
About US$ 3 bn, 96 projects and 50-years later, Sri Lanka is still begging for World Bank help
About US$ 3 bn, 96 projects and 50-years later, Sri Lanka is still begging for financial assistance from the World Bank. About US$ 3 bn, 96 projects and …
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 …
Bond Travails
Treasury bond yields have climbed nearly 300 basis points in the last eight months since the Presidents takeover of three key ministries that led to elections …
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 …
Citibank keeps its Triple A status.
Citibank N.A’s Sri Lankan unit has kept its AAA (sri) membership during a recent annual review conducted by Fitch Ratings Lanka. online pharmacy buy abilify …
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 …