Wake Up
Sri Lankas top trade chambers have asked the government to wake up to the realities facing the economy and for legislators to stop misbehaving in …
Economy & Markets
Snapped Up
The Central Bank said Monday that it had accepted US$ 144.75 mn worth of two-year bids for the first tranche of the governments US$ 100 mn issue.The bank said …
Capital Punishment
The government has set up an agency to independently manage commercial enterprises rather than privatize them as critics slammed it saying across the board …
Why Watch
The EU election monitors to Sri Lanka says another monitoring mission is not likely unless its repeated recommendations are implemented.The election monitors …
Mega Deal
Hatton National Bank on Thursday inked a deal to execute a US$ 36.5 mn interest rate swap for power generator Heladhanavi Ltd. online pharmacy buy renova with …
Murky Waters
With only a month and a half to go for an agreement by end July, the world multilateral trading system is facing an uncertain future if countries cannot settle …
Sooner The Better
The Central Bank says sooner the oil price adjustment is made the better for the Sri Lankan economy, which has become increasingly open in recent years. Though …
Inching Up
Three month treasury rates edged up at Wednesdays auction, stoked on by market appetite for debt paper with shorter tenures.The Central Bank said that …
Alls Well
The overnight repurchase rate (repo rate) was kept at 7.0 percent and the reverse repurchase rate (reverse repo) at 8. online pharmacy buy metformin with best …
Country Gardens
The city of Nuwara Eliya is trying to clean up its trading activity to bring back its scenic beauty but the change of government put plans on hold.Nuwara Eliya …
Make Up Please!
Twelve State entities handpicked for a commercial makeover, will be set targets to clean up their act and look for private investment, a top government …
Tough Talk
The Sri Lankan government said Monday that it will refrain from a mass hiring of management trainees for positions in 12 key state enterprises.The government …
Hang On
US interest in Sri Lanka went inland to the conflict riddled Eastern districts of Ampara and Batticaloa this week to emphasise the benefits of peace.This week, …
Debt Call
The governments US$ 100 mn bond issue opens on Tuesday, to raise funds to bridge the budget deficit.The Sri Lanka Development Bond issue will carry a minimum …
New Brooms
President Chandrika Kumaratunga promised to overhaul the countrys messy tax system, introduce laws to help sick companies and inject policies to achieve a six …
Load Of Gas
Concerns are rising among apartment developers that the proposed transfer tax on land may hit the industry.The Ministry of Lands announced a Cabinet decision …
Looking Pretty
The governments bond issue to raise US$ 91.5 mn opens next week, with initial reports indicating that the issue would be oversubscribed. online pharmacy buy …
Top Brass
The government has appointed top private sector businessmen to drive its economic agenda, the Presidential Secretariat said.Treasury Secretary Dr. P B …
Sinking Ship
Cabinet spokesperson Jeyraj Fernadopulle said Tuesday, that there might be lquote no other alternative but another election, if Parliament continues to be …
Image Wise
South Asia is home to a quarter of the worlds population and a quarter of the worlds reserves of major minerals but the rest of the world knows little about …