Economy & Markets

Yo-Yo Reforms

The Asian Development Bank warned on Saturday that the governments rocky relationship with the powerful executive presidency is stalling economic reforms."The …

Smooth Run

The Central Bank quote s new money market auction started off on Monday, with the bank offering and accepted bids for Rs. 6 bn at 9.26 percent.Earlier, dealers …

Open Sesame

The Central Bank will start open market operations for the money market on Monday. The market friendly move will give the Central Bank a new monetary policy …

Rough Times

The Central Bank has issued a draft guideline to allow primary dealers to transact in derivative instruments.The guidelines include limits for credit risks and …

New Wicket

The Asia Capital Group on Monday disposed its shareholding in its associated company, Capital Alliance Ltd., for Rs. 36 mn.Capital Alliance which specialises …

SWAP Talk

The Primary Dealers Association is meeting industry experts on Tue. to discuss ways to promote interest rates swaps and forward rate agreements.Talks by …

Signals Up

The ADB expects Sri Lanka will clock in a 5 percent growth in 2003, building on the back of renewed economic stability and a global recovery in the second half …

Going Home

Two projects, initiated by the Urban Development Authority (UDA) will add 15,500 new low and middle income homes in the western province. online pharmacy buy …

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