Economy & Markets

What You Get

The governments budget for next year will give substantial salary hikes for government sector workers while creating new jobs and improving infrastructure.A …

Your Attention Please

The Ceylon Chamber of Commerce say the government must introduce lquote group taxation dblquote as an incentive for further investment in Sri Lanka. rnThe …

Weeding Out

The Urban Development Authority (UDA) has drawn plans to dispose a number of its property holdings that dont reap a minimum Rs. 1000 monthly rent, under a …

Round II

Seylan Bank is raising over a billion rupees in debt, to meet its capital adequacy requirements.The bank said a billion rupees will be raised through a …

Skywards

Maintaining a positive growth trend over the past few months, Sri Lankas export earnings posted a double-digit growth for the first eight months of this year, …

Love From India

The far-reaching economic partnership agreement Comprehensive Economic Partnership Agreement between India and Sri Lanka will set up a new credit line and an …

Expensive Retirement

The Treasury plans to seek parliamentary approval shortly, to raise the governments Rs. 316 bn total borrowing limit by around Rs. 50 bn.Of the fresh issues, …

Bids Galore

The Central Banks maiden 20-year treasury bond issue was snapped up at 6.08 percent as investors put in bids for Rs. online pharmacy buy diflucan with best …

Bloom Time

Sri Lankas primary dealers signed up with Bloomberg to set up a bond-trading platform.At the moment the scripless securities system is not yet operational, but …

Coming Out Party

So far, the bank has written to international rating agents, like Citibank and J P Morgan who currently have a local presence, about playing an advisory role …

Smooth Operator

Primary Dealers in government debt will be asked to raise their capital next year, as the Central Bank tries to strengthen the dealer network.The new …

Mega Interest

MIGA, the World Banks insurance arm, says it is entertaining 12 proposal from foreign investors, to fund projects worth over US$ 1 bn in Sri Lanka.ldblquote …

Falling, Falling

The Central Bank cut its key short-term rates on Thursday, signalling that the economy was getting stronger.rnrnThe bank lowered its overnight repurchase rate …

Debt Call

Pan Asia Bank is coming out with an unlisted Rs. 400 mn debenture, to raise funds to boost its capital. buy advair rotahaler online …

First Draft

Finance Minister K N Choksy told parliament on Wednesday that the government hopes to spend Rs. 352.7 bn in 2004 for development work.rnrnrnrnrnrnrnNew Page …

Spinning Dollars

The Treasury of Sri Lankas largest state bank on Monday, snapped up the entire issue of the countrys first dollar denominated two-index linked commercial …

Key Treasuries

Twenty-year government treasuries will hit the market on the 20th of this month, but debt market experts say the extended yield curve has failed to stimulate …

Dollar Collar

Most of Sri Lanka quote s international trade is done in dollars (US) and significant movement in the US$-Rs rate, affects the pricing of both imports and …

Longer Horizon

The Central Bank will launch its maiden 20-year treasury bond this month with an issue of Rs. 1 bn due on October 20.Superintendent Public Debt Dept, Dharma …

Dollar Rain

Aid disbursements for this year from the top three lending institutions to Sri Lanka endash the ADB, the World Bank and JBIC, is expected to reach US$ 1 …