Economy & Markets

Disappearing Act

The Central Bank is planning to dematerialise all existing Government Bills and Bonds before a sophisticated system for trading them comes on line in …

Small Bite

The Colombo Stock Exchange is talking to Central Bank to get access to 5 percent of the primary government securities market.If approved, the move would amount …

Quicksand

A pilot project to mine Sri Lanka's seabed off the Western coast for offshore sand to sustain a flagging construction industry, has gone up for Treasury …

Home Run

The Urban Development Authoritys (UDA) call to develop five of its properties in the Colombo District, received 140 proposals when the tender closed on Monday. …

Building Schools

Promoting home ownership and job creation, the National Housing Development Authority (NHDA) is rolling out a campaign to disseminate construction skills to …

Losing Interest

The Central Bank on Friday cut key interest rates by 75 basis points on Friday.The bank lowered the Reverse Repurchase Rate to 10. online pharmacy buy …

Lower Lending

The Central Bank on Friday cut its key short-term discount rates by 75 basis points, in line with its policy of lowering rates.The bank lowered the reverse …

Heading Up

Treasury Bill yeilds moved up by 64 basis points at the close of this weeks auction.rnrnrnrnrnrnNew Page 1rnrnrnrnrnrn rn rn rn rn  rn Amountrn Bidsrn …

Two on DEXs

Two parties have responded to the Colombo Stock Exchanges call to admit trading members to its new debt trading, the DEX.CSEs Senior Manager Marketing, Rajeeva …

Rural Rescue

rnrnrnrnrnrnThe rural and informal private sector should step up their investmentsrnand business initiativesrnrnrnrnrnTotal investment inrn2002 dropped 0.7 per …

Perception Problem

rnrnrnrnrnrnApril 2003rnrnrnrnrnInflationrnrate measured on a 12-months moving average remained static at 9.9 percent inrnApril, from the previous month, the …

New Innings

Capital Alliance Ltd., the newest entrant to the Primary Dealer fraternity, plans to tap the outstation market to promote government debt. buy diflucan online …

Quick Flow

The Asian Development Bank plans to raise its annual contributions to Sri Lanka to about US$ 250 mn and is also keen the government steps up its aid …

Border Crossing

Sri Lankas trade deficit widened to Rs. 271 million by February, fuelled by higher imports of consumer and intermediary goods. buy arimidex online …

Asset Sale

The government hopes to sell off a further 8.5 percent of its shares held in Sri Lanka Telecom this year, as part of its privatisation programme. online …

Leap Frog

The Central Bank is optimistic the economy will leap frog and can add another 4 percent growth, if the peace initiatives continue.Central Bank governor A S …

Avrudu Bonus

Sri Lanka on Friday received a US$ 567 mn concessionary aid package from the International Monetary Fund.The funds will be disbursed over a three-year period …

Building Blocks

The has government got international commitment to raise in excess of a billion dollars, over the next three years to rebuild the war ravaged economy.The …

Quality Growth

The National Chamber of Commerce Sri Lanka is advocating a socio economic policy that will benefit the masses.Economists say that regular U turns in national …

Safe Hands

The Mahapola Trust Fund has floated a fully owned subsidiary to manage its fee and fund based activities.The new firm, National Wealth Corp. (NWC), will invest …