Economy & Markets

Do Or Die

ldblquote Some of you will benefit, some won quote t, some will have to close down, but the country quote s economy will flourish as a result of the efficient …

DEX Exchange

The Colombo Stock Exchange quote s (CSE) is putting the finishing touches to its long awaited debt trading system, which is due to make its debut next

North Bound

rnWith investor interest in the area perking up, development projects are beginning to get underway with road rehabilitation and water/sanitation projects, …

Act Now

Ajantha Madurapperum also called for proactive measures to prevent a liquidity shortfall in the festive month of April. rnrnThe Central Bank cut its discount …

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 …

Decreasing

The bank said it offered and accepted bids for Rs. 5.569 bn. rnrnThree-month notes slipped six basis points to 12.66 percent, six month treasuries dropped …

Slipping

The bank said it offered and accepted bids for Rs. 500 mn. rnrnThe weighted average yield dropped to 13.73 percent from 14.94 percent recorded in the previous …

High Fever

The repo-rate or the repurchase rate is the key benchmark, which sets the floor in the overnight call money market, as it enables lenders to invest excess …