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Naked Truth
Sri Lanka’s securities regulator is in the spotlight for excessively compounding too many cases without allowing the judicial system to voice its opinion. Sri Lanka’s securities regulator is in the spotlight for excessively compounding too many cases without allowing the judicial system to voice its opinion. Compounding, is something like seeking a plea bargain, where […]
Be Prepared
Now that elections are around the corner businesses usually take a back seat as politicians take over. Now that elections are around the corner businesses usually take a back seat as politicians take over. However, tired by the cyclical pork barrel politics in Sri Lanka a local brewery has decided to spend its own money […]
Et Tu Brute?
United National Party (UNP) said last week they would recommence work to build a thermal power station at Kerewelapitiya abandoning the west coast coal power plant option.United National Party (UNP) said last week they would recommence work to build a thermal power station at Kerewelapitiya abandoning the west coast coal power plant option. Government, that […]
Sri Lanka’s September inflation dips
Sri Lanka’s annualised inflation eased to 12.7 percent in the twelve months to September, due to a drop in certain food prices, the Central Bank said Friday.Sri Lanka’s annualised inflation eased to 12.7 percent in the twelve months to September, due to a drop in certain food prices, the Central Bank said Friday. The twelve […]
Everybody’s getting richer says the Central Bank
Absorbing thousands of unemployed graduates into the public service has joined the usual list of breadwinners like telecom, manufacturing and agriculture to expand Sri Lanka’s second quarter economy, the country’s Central Bank said Friday.Absorbing thousands of unemployed graduates into the public service has joined the usual list of breadwinners like telecom, manufacturing and agriculture to […]
The US will defer Sri Lanka’s debt for a year as tsunami bonus
The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building.The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building. “The deferred […]
‘s debt for a year as tsunami bonus
The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building.The United States will restructure US$ 40 mn of Sri Lanka’s debt for this year, deferring payments for a year and freeing up cash for tsunami re-building. “The deferred […]
Sri Lanka seeks proposals to structure upcoming US$ 100 mn bond issue
Sri Lanka’s Central Bank has sought proposals from foreign and local banks to structure a dollar bond issue aimed at funding upcoming infrastructure projects, officials said Friday.Sri Lanka’s Central Bank has sought proposals from foreign and local banks to structure a dollar bond issue aimed at funding upcoming infrastructure projects, officials said Friday. Following twin […]
Sri Lanka plans to issue dollar bonds aimed at tapping migrant workers
Sri Lanka plans to raise around US$ 100 million through an international bond issue next month to finance key infrastructure projects, the island’s Treasury Secretary said Thursday. Sri Lanka plans to raise around US$ 100 million through an international bond issue next month to finance key infrastructure projects, the island’s Treasury Secretary said Thursday. The […]
Cross Shopping
The Railway Authority says it will help set up small businesses for the men manning its bamboo gates at level crossings, to ensure their presence at their posts. The Railway Authority says it will help set up small businesses for the men manning its bamboo gates at level crossings, to ensure their presence at their […]