Economy & Markets

Debt Sales

The Stock Exchange will tap into internal funds to raise the issued share capital of its depositary system to Rs.100mn endash a final clause to allow secondary …

Dont Worry

After rising against the dollar, the rupee lost around 1 percent, as the markets panicked over a snap poll.rn rnldblquote The rise was largely attributed to a …

Go Slow

Development projects are on track but are slowing down because of jittery foreign investors says the UNF.rnrnldblquote Whatever projects that were initiated by …

Woof, Woof

Getting its campaign on the road, on Monday the UNF asked Sri Lankas 12 million voters to decide between clarity and chaos at the April polls.Citing the lack …

Bow-wow

The red-blue Alliance says the UNF failed to deliver on its promises, its only success was in delivering misery to the People. Alliance members on Monday …

Borrowing Cheap

The Central Bank says it will issue Rs. 2 bn worth of two-year treasury bonds to the debt market, as part of its borrowing programme for March.rnrnOf the Rs. …

Oh Dear!

Moderate Tamils warned Monday they would declare independence from Sri Lanka unless the government that came to power after snap April elections revived peace …

Cosy Chat

The Marxist Janatha Vimukthi Peramuna says it will re-negotiate the US$ 567 mn structural loan facility with the IMF, when it comes to power next month.The …

Phase II

The Asian Development Bank (ADB) on Monday approved US$ 800,000 for a second phase private sector development programme to push through reforms to the …

Gone

An electoral candidate was shot dead in Eastern Sri Lanka Monday in the first political killing in the run up to parliamentary polls in April, police said.A …

Wide Choice

The Colombo Stock Exchanges debt trading system officially goes live next Wed. giving investors an opportunity to electronically trade in government treasuries …

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