Sri Lanka to shop for overseas debt
Government says it will raise up to US$ 500 million in the international debt markets next year to finance identified infrastructure projects as concessional …
Money
Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.
Sri Lanka rate hike not enough to boost rupee
Sri Lanka's central bank sent a powerful message to the local markets Tuesday when it hiked interest rates unexpectedly to keep rising inflation from …
Sri Lanka’s Central Bank raises policy rates
Sri Lanka's Central Bank raised short term interest rates by quarter percentage point on Tuesday, the second increase in three months, in a bid to reign in …
Sri Lanka’s Bank of Ceylon raises US$ 130 mn
State-run Bank of Ceylon signed up for US$ 130 million two-year syndicated loan last Friday, to finance its ongoing trading facilities including oil imports to …
Increasing Sri Lanka’s private debt
Seylan Merchant Bank says it hopes to have some 1000 debt trading accounts active by end September, to trade in the CSE’s debt trading system. online …
Sri Lanka holds key rate to assist economic recovery
Sri Lanka's Central Bank left its key policy rates unchanged on Wednesday to help the island's continued economic recovery from last year's tsunami. online …
Populist tax cuts could fail to tame Sri Lanka’s inflation
Despite ad hoc attempts to tame inflation through populist measures, soaring international crude prices could prompt Sri Lanka's Central Bank to think long and …
Treasury rates move up ahead of Wed.’s policy rate announcement
Sri Lanka's treasury yields kept its upward momentum ahead of Wednesday's monetary policy review announcement. Sri Lanka's treasury yields kept its upward …
Sri Lanka’s Bank of Ceylon shops for dollars
State-run Bank of Ceylon is shopping in the local and foreign markets for debt capital, to fund ongoing business activities and expand its capital base, a top …
Galloping taxes fail to rein Sri Lanka’s thirst for wheels
Galloping taxes on imported vehicles and higher fuel costs have failed to curb Sri Lanka's thirst for new wheels, industry watchers said Friday. Galloping …
Sri Lanka takes stock on total debt profile
Sri Lanka hopes to use its upcoming sovereign rating to retire some old expensive foreign currency debt and streamline its borrowing programme, Treasury …
Lease Tease
Leasing companies and mortgage banks are raising more money through debt issues to take advantage of higher demand for credit and to cap their own interest …
Sri Lankan rupee heads down faster than expected
Sri Lanka's exchange rate has started to depreciate faster despite the Central Bank using its reserves to defend the currency. buy antabuse online …
Securities watchdog drafts laws to regulate unquote debt issues
The securities watchdog is drafting new guidelines to regulate unquoted debt paper issued by listed companies, its Director General said Tuesday. The …
Parliament approves amendments to Leasing Act
Securitisation deals are expected to multiply after amendments to the Leasing Act cleared legal hurdles. Securitisation deals are expected to multiply after …
Sri Lanka’s Central Bank leaves its interest rates steady
Sri Lanka's Central Bank left its key interest at current levels after hiking it for two consecutive months, as it looks for signs that inflation may ease up. …
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 …
Sri Lanka’s appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country
Sri Lanka's appreciating currency in the face of rising inflation has renewed fears of the so-called Dutch Disease gripping the country. Sri Lanka's …
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years
Commercial Bank of Ceylon bought up Rs. 250 mn worth of securitised paper locking returns up to four years. Commercial Bank of Ceylon bought up Rs. 250 mn …
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive edge
Faced with rising competition and thin margins in a quota free era, Sri Lankan exporters are turning to sophisticated hedging instruments to gain a competitive …