Economy & Markets

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 …

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 …

Thinking of U

A new government sponsored agency under the Presidents control and headed by a top bureaucrat has been put in charge of policy formulation and implementation. …

Govt. Inc.

The government is going to expand its role in the economy with more spending on infrastructure and subsidies.Unveiling the governments economic policy the …

Secure Deal

Senkadagala Finance is coming out with a Rs. 52.4 mn debt paper backed by an A (sri) rating from Fitch Ratings Lanka.The Rs. 52.4 mn issue is part of a larger …

Live Injection

The Aitken Spence Group secured an AA (sri) rating for its upcoming Rs. 1 bn five-year unlisted debenture issue from Fitch Ratings Lanka. The group needs the …

Rising Expectations

Sri Lankas inflation rate for June shifted up to 3.9 percent on the back of rising prices of essential goods like rice, red onions, potatoes and vegetables.The …

Holding On – Updated

The Central Bank on Tuesday reiterated its call for political stability, fiscal discipline and structural reforms to enable the economy grow by five percent …

Steady Float

Sri Lankas foreign reserves slipped 3.7 percent dip in April, slightly above a 5. online pharmacy buy ciprodex with best prices today in the USA online …

Driving Hard

Sri Lankas slow moving infrastructure projects are lined up for fast forward implementation through a new central coordinating body, says the Treasury …

Recycling Debt

The Central Bank says it will re-issue Rs. 7 bn worth of two-year treasury bonds and Rs. online pharmacy buy symbicort with best prices today in the USA 44,837 …

Naked Truth

Visiting Singaporean Premier asked Sri Lanka to come up with an overall competitive package and not just incentives, if it wants to lure foreign investors."Sri …

Going Blue

Sri Lanka may have missed the bus with the green revolution, but the blue can work in the islands favour, say local scientists. With hungry mouths increasing …

Not Their Style

The Freedom Alliance Government says recent security scares are not the LTTEs style, but suspect other interested parties working to frighten citizens and …

Hideaway

Sri Lankas government admitted Thursday that somernmilitary personnel supported and possibly sheltered a renegade rebel leaderrndespite Tamil Tiger warnings …

Hard Landing

Sri Lankas economic growth is expected to have fallen sharply in the first quarter of 2004 from the previous three months, as the services sector suffered from …

Pipe Dreams

An independent US economic think tank says that a potential trade pact with the United States will help the Sri Lankan economy grow by at least …

Smooth Talk

The United States says it will revive talks on a free trade agreement (FTA) with Sri Lanka but will not remove the terrorist label from the LTTE."We will …

Big Jump

Sri Lankas import bill for April overtook the countrys export revenues, despite higher earnings from money spinners like apparels and tea, the Central Bank …