Economy & Markets

Credit Drip

The World Bank Wednesday approved the first tranche of US$ 125 mn in support credit, to shore up the countrys poverty reduction strategy.rnrnThe Poverty …

Lease Backed

Cash rich National Savings Bank (NSB) bought up Rs. buy amoxil online buy amoxil online no prescription 200 million worth of securitised paper last week, …

Racing On

The All Share index moved 15 points closer to the psychological 1000 point mark, closing at 969 on Wednesday.Despite the current gloom surrounding the peace …

Stately Homes

State housing finance giant, HDFC, is floating a construction company to cash in on the middle-upper income-housing boom.A fully owned subsidiary, HDFC …

Side Dish

The government wants an interim cure for the collapsed peace talks so it can stick to development plans and aid utilisation schedules. Proposals being touted …

Back To Seventies

The Central Bank left key benchmark interest rates unchanged as the impact of the worst floods in decades was expected to have little effect on the economy.The …

Perks For PERC

The Public Enterprise Reforms Commission is to be restructured this year expanding its scope to include monitoring State investments. The restructuring is …

Aid scare

Economists are warning that key fiscal targets could be missed as donors pledge a record amount of aid.Most of the US$ 4.5bn pledged at the Tokyo Donor …

Close Scrutiny

The Public Enterprise Reform Commission (PERC) plans to become a monitoring agency to look after the governments residual stakes in public corporations.The …

Unchained Melody

The Central Bank left its key short-term discount rates unchanged on Friday after its monthly monetary policy meeting.The overnight repurchase rate or repo …

The Matrix

Sri Lanka has a 45 percent chance of achieving peace within a volatile political situation, which will push the Colombo bourse up by 25 percent to 30 …

Co-producer

Far from the buzz and the luxuries of a metropolitan city lie the backwater villages of the Uva and Southern Provinces, home to some of the most impoverished …

Green Rain

International donors wrapped up the two-day Tokyo parley pledging over US$ 4.5 bn in aid over the next four years to rebuild Sri Lanka. buy zoloft online …

Yawning Gap

The trade deficit widened during the first four months of this year as the import bill galloped ahead of total exports, the Central Bank said Tuesday.The bank …

Pouring Dollars

International donors pledged over US$ 4 bn by way of aid at the Tokyo Conference on Reconstruction and Development of Sri Lanka, which opened on Monday …

Pledge Is A Pledge

Donors are expected to offer substantial support at a key aid meeting in Japan despite a lukewarm response from the LTTE. The donor conference in Tokyo will …

DEX Next

The Colombo Stock Exchange is going ahead with the launch of its new Debt Trading Board in June with or without access to the primary market for government …

Northern Frontier

The Urban Development Authority (UDA) is moving into Jaffna, rolling out plans to develop urban centres in key Northern towns.ldblquote We are giving priority …

Building Permit

Traditionally, most of Sri Lanka quote s mega construction projects have been awarded to foreign contractors. But local construction companies say its time the …

String Sting

A top state official is calling the government to break away from being over dependant on aid agencies. BOI Chairman Arjunna Mahendran pointed out that …