Category:
Sri Lanka’s Central Bank rejects high bond auction bids
Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Monetary Board member Deva Rodrigo […]
‘s Central Bank rejects high bond auction bids
Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Sri Lanka’s Central Bank rejected bids for eight-year bonds on Tuesday, as the market put in high yields on speculations that interest rates would rise. Monetary Board member Deva Rodrigo […]
Hubbub for Sri Lanka’s financial hub
Sri Lanka’s main financial centre near the president’s official residence was declared a high security zone as the opposition today led an unprecedented march to the capital demanding early elections.Sri Lanka’s main financial centre near the president’s official residence was declared a high security zone as the opposition today led an unprecedented march to the […]
Eight hurt as strike cripples Sri Lanka district amid Tiger war warning
At least eight policemen and a soldier were wounded in suspected Tamil rebel attacks in strike-bound northeastern Sri Lanka, a day after the guerrillas warned of a return to war. At least eight policemen and a soldier were wounded in suspected Tamil rebel attacks in strike-bound northeastern Sri Lanka, a day after the guerrillas warned […]
The cost of free water
Jul 11, 2005 (LBO) – Water is free in Sri Lanka. Anyone who says different will be pilloried. I say different. I say that we will pay in lives and devastation if we do not start charging the real costs of water. The lifetime of modern dams that use cement is between 50 to 100 years, […]
Commercial Bank expands its debt warehouse
Commercial Bank of Ceylon picked up another Rs.325 million debenture to sit in its newly created debt warehouse, which offers to subscribe, hold and sell competitively priced paper above conventional savings products.Commercial Bank of Ceylon picked up another Rs. 325 million debenture to sit in its newly created debt warehouse, which offers to subscribe, hold […]
The cost of free water
Water is free in Sri Lanka. Anyone who says different will be pilloried.I say different. I say that we will pay in lives and devastation if we do not start charging the real costs of water.Water is free in Sri Lanka. Anyone who says different will be pilloried. I say different. I say that we […]
Sri Lanka Tigers mourn slain cadres amid tight security
Tamil Tiger rebels were observing a day of mourning in northeastern Sri Lanka, a day after two of their senior members and two others were killed in a grenade attack, residents said. Tamil Tiger rebels were observing a day of mourning in northeastern Sri Lanka, a day after two of their senior members and two […]
Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks.
Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks.Following a string of assassinations, the United States is urging the government and the Tamil Tigers to rebuild trust and renew peace talks. A new tax on construction projects with retrospective effect from […]
Toss between loose fiscal policy and high interest rates
Member of the monetary board and the chairman of the Ceylon Chamber of Commerce Deva Rodrigo says interest rates will have to rise in the face of loose fiscal policy.Member of the monetary board and the chairman of the Ceylon Chamber of Commerce Deva Rodrigo says interest rates will have to rise in the face […]
Tsunami Dreams
Top government aide Mano Tittawella says passing legislation for reform will be tougher for a minority government but hopes issues will be depoliticized.Top government aide Mano Tittawella says passing legislation for reform will be tougher for a minority government but hopes issues will be depoliticized. He heads the strategic enterprise management agency in charge of […]
Phew!!!
Apparels exported to the European Union got duty free access from this month but the industry doesn’t expect an immediate spike in volumes due to other bottlenecks. Apparels exported to the European Union got duty free access from this month but the industry doesn’t expect an immediate spike in volumes due to other bottlenecks. The […]