Early Retirement
The government plans to retire some of its domestic debt starting next month, due to an influx of dollars into the market.The long-awaited US$ 100 mn loan from …
Economy & Markets
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Mine Ahead
The United Nations Development Program said Thursday, that they will strengthen ongoing de-mining efforts in the North, with a technical assistance grant of …
Left Over
The Treasury is selling its residual stakes in 19 firms, 14 of them through the Colombo Stock Exchange. At current trading prices, the stakes in 13 of the 14 …
War Spoils
The government is rolling out a series of rural road development and electrification projects as it starts spending the lquote peace dividends, of a 19-month …
Good Marks
The ADB on Friday revised its export growth targets for 2003 upwards to 10 percent from an earlier 6 percent, but warned of power shortages eating into early …
Cess Less
The Tariff Advisory Council (TAC) says that the import cess charged on luxury goods, should not be channelled towards the Export Development Board (EDB). The …
Direct Link
The US Treasury has lent an official to give technical expertise to start off the new Public Debt Management Office.The Public Debt Management Office is due to …
Development Money
The Asian Development Bank (ADB) on Monday pledged US$ 105.3 million to support two projects linked to education and water and sanitation. online pharmacy buy …
Scrip less deals
A new electronic system to settle inter bank transactions will come on line as scheduled next month with new interest free liquidity support offered by Central …
Steep Drop
The Central Bank cut its key short-term discount rates by 75 basis points on Friday after its monthly monetary policy meeting on Thursday evening.The overnight …
Still falling
Long term bond yields fell again at this weeks auction, with the Rs 2000 mn issue being oversubscribed around three times.The weighted average ten-year yield …
Real Late
Scripless trading of government bonds is likely to be delayed till October after a delay in pushing through legal changes.The Registered Stock and Securities …
Gilt Strip
The Central Bank will look at the possibility of permitting gilt stripping after the RTGS and scripless securities settlement system is up and running, opening …
Bonded
Bond dealers are expecting the Monetary Board to cut benchmark Overnight rates next week as inflation continues to fall.Bond traders who have been making super …
Spurring Growth
A Sri Lankan contingent flying to China on August 08, will look to obtain technology transfers and investment partnerships for the local rubber and tea …
Trickling In
The first tranche of Japans commitment at the Tokyo donor conference rolled into the country today through a grant of Rs. 1.198 billion for a water supply …
Sand Castles
The Central Environmental Authority on Friday approved sand mining off the shores of Wadduwa and Kalutara. The Coast Conservation Department project will scoop …
Housing Carrots
The government is kicking off a housing scheme for government officers in a bid to attract and keep the top quality administrative officers.ldblquote We need …
Sino Ties
Sri Lanka is moving to cement its ties with China, with a state visit by Prime Minister Ranil Wickremesinge next month.In addition to meeting Chinese Premier …
Leveraged Funds
The Urban Development Authority (UDA) has negotiated with local banks to raise upto Rs. 1 bn to build 1300 houses for the middle and high income segments. buy …