Economy & Markets

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Aid Drip

The Asian Development Bank on Wednesday approved US$ 80 mn to rehabilitate conflict areas - a first such loan since the Tokyo aid parley last year.The Manila …

Good Marks

Fitch Ratings Lanka Ltd (FRL) has assigned SL A national credit rating to the Implied Long-term unsecured Senior Debt of First Capital Treasuries Ltd (FCTL).SL …

Steady Ship

The Central Bank left its key short-term rates unchanged on Wednesday, signalling that it was comfortable with the countrys economic fundamentals.The overnight …

New Page

The government is looking at amending laws to allow foreign investors into the corporate debt market, without liberalising the capital account.Foreigners are …

Bad Grade

Sri Lanka is set to score very low in a second review of the peace process by the international donor community set for January 23. The first review in …

Greenlight

The Colombo Stock Exchanges debt trading system is likely to take off this month, giving smalltime investors closer access to the government debt market.Seylan …

On Track

Central Bank said GDP growth was on track to meet annual target of 5.5 percent this year but warned that political instability and progress on peace would be …

Third Opinion

So far, the bank has mandated Fitch Ratings Inc. to give Sri Lanka its first country rating. Fitch was selected for its local presence through Fitch Ratings …

Steady Run

The Central Bank, Wednesday, left growth projections of 5.5 percent for 2003 intact, but warned that key structural reforms had to go ahead to maintain the …

Hurry Up

The United States asked top Sri Lankan politicians to hurry up and sort out their differences, as the ongoing political impasse is hurting the peace process.US …

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