Economy & Markets

Country Road

Top Central Bank and Treasury officials will hit the road next week to raise dollar funds for the government.The US$ 100 mn fund raising exercise will see a …

To Let

Putting its restricting plans into action the Urban Development Authority (UDA) will let out two of its prime properties in Colombo on long lease to private …

Lanka Inc.

Government is planning to set up an independent holding company to own and manage state enterprises.rn rnThe company set up on the lines of Temasek Holdings of …

Holding Co.

Infusing fresh discipline into the bloated state machinery, a proposal to set up a Singapore style investment holding company and National Audit Authority has …

Fund Raising

Lead managers for the governments dollar raising exercise plan to tap the American and Europe markets in about ten days time. Deutsche Bank and UBS Warburg on …

Legal Hunt

The top level Financial Reforms committee is looking at ways to support derivative laws in Sri Lanka.The committee has appointed top debt market specialist …

Green Debt

UBS Warburg and Deutsche Bank have been picked as joint managers to raise the balance dollar funds for the government.The investment bankers have been asked to …

Green Money

Solomon Smith Barney, the investment-banking arm of the Citigroup has secured the mandate to raise US$ 150 mn for the government.The mandate is part of the …

Green Deals

The government is tipped to give the mandate to raise long-term dollar funds by as early as October 15, senior Central Bank officials said.Prospective …

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