Double Issue

The company plans to use the funds to help finance its two power projects in Matara and Horana. rnThe group will issue Rs. 200 mn worth of two-year …

Tall Order

The accord sets out specific time bound targets including detailed mechanism to monitor progress and also represents ADB quote s long-term commitment to Sri …

Poor Outlook

ldblquote 2001 was one of the worst years in terms of economic performance. Poor monetary and fiscal management was compounded by a series of external and …

Helping Hand

The Manila based bank, which funded economic development and poverty alleviation projects worth US$ 2.7 bn during its 34 years stint in Sri Lanka, has already …

Mini Rally

The rupee depreciated by around 20cts from Rs. 94.70 to Rs. 94.90 against the greenback, during the mid-day trading today. rnrnThe Central Bank has yesterday …

Dry Spell

Dry Spell

Bad weather took production figures for January down by 5 percent to 25 mn kilos, over last January quote s record volume of 27 mn kilos. Brokers however are …