Getting Closer
The agreement on Administrative Arrangements for Cooperation sets out the framework and processes that will lead to better coordination and division of labor …
Economy & Markets
Slipping
Treasury bonds continued to slide at this week quote s auction with three-year notes shedding three basis points to 14.30 percent, the Central Bank
Raising Capital
The issue due to open on Jan. 21 also carries the option of raising a further Rs. 30 mn in the event of an oversubscription, the bank said. rnrnWith a minimum …
Paski Returns
ldblquote Mr. Paskerlingum and current advisor to Prime Minister, Mr. K Wijedasa are expected to join Policy Ministry as consultants to streamline the reform …
Talking Yens
The trip follows last Friday quote s announcement made by the Japanese government to relax its travel advisory on Sri Lanka. rnrnCabinet spokesman, Prof. G L …
Another Drop
The bank said the auction was oversubscribed with bids for Rs. 4.850 bn, but the bank offered and accepted bids for only Rs. 1.000 bn. rnrnThe weighted average …
Fresh Notes
Though the euro was introduced two years ago, real notes and coins were only issued on January 1, 2002. rn rnThe old national currencies cease to be legal …
Make My Day
As expected by political analysts, Weerawansa confirmed his party would take a hardline stand against the privatisation programme. rnrnldblquote It quote s …
Bond Business
However, the banks said it offered and accepted bids for Rs. 1.250 bn.rn rnThe issue carries a coupon rate of 12.2.5 percent. Today quote s auction is part of …
Vote For Funds
The move comes after the government quote s maiden budget presentation was pushed back to late March, to accommodate the local government elections, Cabinet …
Labour Check Up
The consultancy is expected to submit their proposals by March this year for eventual cabinet approval and islandwide implementation. ldblquote The E&Y …
Clearance Sale
Government is planning to restructure its loss making food retailer endash Cooperative Wholesale Establish endash to return it to profitability in the next two …
Shifting Gear
Public Enterprise Reforms Commission (PERC) is expecting cabinet approval this week to expedite its privatisation program, chairman Dr. P.B. Jayasundara told …
Monopoly Money
Over 6 billion notes and nearly 40 billion coins have been distributed to banks, retail shops, and cash machines, which begin dispensing the new currency at …
New Year Resolutions
The government is currently developing an economic policy metrics and plans to present it to donor agencies, to start the Rs. 500 bn Poverty Reduction Growth …