Economy & Markets

Mute Voice

Reporters Without Borders (Reporters sans fronti’e8res) on Tuesday condemned at the murder of Tamil journalist Aiyathurai Nadesan in Batticaloa (220 km …

Scouting Trip

A delegation from the Millennium Challenge Corporation (MCC) will be in town next week, to weigh Sri Lankas eligibility for assistance from the Millennium …

Have Courage

The ADB says it is watching the economic management of Sri Lanka with much interest and called for lquote efficiency in economic management and lquote courage …

Aid Tied Down

An international donors meeting on Sri Lanka next week is expected to push for a resumption of peace talks between Colombo and Tamil Tiger rebels, the US State …

Pow Wow

US Deputy Secretary of State Richard L Armitage will travel to Brussels May 31 to June 2, 2004 for consultations with fellow donor co-chairs of the Tokyo …

Die or Dare

A 10-year State guarantee to buy its entire requirement of school, police and hospital uniform cloth is on offer to any investor daring to revive Kabool Lanka. …

Chit Chat

Norways top peace-broker met with a Tamil Tiger rebelrnleader Wednesday in the latest effort to revive stalled peace talks betweenrnthe guerrillas and the Sri …

Balancing Act

Sri Lankas trade deficit for March expanded marginally, as the countrys import bill galloped ahead of export earnings, the Central Bank said Wednesday.Trade …

Green Exchange

The Banks Public Debt Dept., sought offers from the market to raise US$ 250 mn worth of Sri Lanka Development Bonds.rn rnThe Central Bank will roll over US$ …

Aid Direct

The World Bank handed out Rs. 4 million of grant money directly to eight non-governmental organizations recently.This model of directly supporting …

Sampath Fortune

Sampath Bank plans to raise Rs. 1.5 billion by issuing debentures to strengthen its capital base and make long-term money available for lending.The issue which …

Bond 002

After a two-year hiatus, the government is tapping the international debt market to raise US$ 250 mn, to bridge the budget deficit.The Sri Lanka Development …

Peace Please

Sri Lanka needs to return to the negotiating table with the LTTE to untangle US$ 4.5 billion in international aid, but talks with the Tamil rebel faction still …

Flat

Treasury Bill rates remained flat at Wednesdays auction due to excess liquidity in the money market and a steady outlook for short-term interest rates.The …

Pow-Wow

A Japanese envoy will meet with Tamil Tiger leaders in thernrebel-held town of Kilinochchi on Tuesday to discuss Sri Lankas efforts tornend a two decade civil …

Looking Good

Sampath Bank on Monday secured an A+ (sri) for its long-term debt and an A (sri) rating for its four-year debenture issue from Fitch Ratings.An A+ (sri) rating …

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