Tag: economy
Sri Lanka’s private sector credit to grow further: Monetary Policy Review – May 2015
May 22, 2015 (LBO) – Sri Lanka’s Central Bank said, that private sector credit would expand in the period ahead given the low interest rate regime. Accordingly, credit obtained by the private sector from commercial banks increased by 13.9 per cent in March 2015 on a year-on-year basis, the regulator said in its monetary policy […]
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May 22, 2015 (LBO) – Sri Lanka’s Fitch Ratings Lanka has assigned National Development Bank PLC’s proposed subordinated debentures of up to 10 billion rupees, an expected National Long-Term Rating of ‘A+(lka)(EXP)’. The rating agency also has withdrawn the expected rating of ‘AA-(lka)(EXP)’ assigned to NDB’s proposed senior debentures. Media release reproduced below: – The […]
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Mar 21, 2015 (LBO) – Sri Lanka’s Fitch Ratings Lanka has affirmed Sanasa Development Bank PLC’s (SDB) National Long-Term Rating at ‘BB+(lka)’ with a stable outlook. The full report is reproduced below :- KEY RATING DRIVERS The rating captures SDB’s high exposure to the retail and lower-end SME segments, its weak asset quality, and pressure […]
Sri Lanka’s DFCC Vardhana Bank to issue debt
May 20, 2015 (LBO) – Sri Lanka, DFCC Vardhana Bank PLC, is to issue 50,000,000 subordinated and senior unsecured listed redeemable rated debentures at an issue price of 100 rupees per share, with a minimum of 20,000,000 debenture allotted to each type of debenture, the company said in a filing to Colombo Stock Exchange. The […]
Sri Lanka Treasury bill yields drop
Sri Lanka’s Treasury bill yields were down at Wednesday’s auction with 3-months yield dropped by 0. buy naprosyn online https://qpharmacorp.com/wp-content/uploads/2023/08/png/naprosyn.html no prescription pharmacy 02 basis points and 6-month yields dropped by 0. buy zofran online https://qpharmacorp.com/wp-content/uploads/2023/08/png/zofran.html no prescription pharmacy buy zithromax online https://curohealthservices.com/wp-content/uploads/2022/08/png/zithromax.html no prescription pharmacy 03 basis points, data from the state debt office […]
‘s Debt assigned final ratings: Fitch
May 19, 2015 (LBO) – Fitch Ratings Lanka has assigned DFCC Vardhana Bank PLC’s proposed Basel II-compliant senior debentures a final National Long-Term Rating of ‘AA-(lka)’ and proposed Basel II-compliant subordinated debentures a final National Long-Term Rating of ‘A+(lka)’, the rating agency said in a press release. The Media Release Reproduced Below:- The final ratings […]
‘s Haycarb profit margins squeezed by high charcoal prices
May 19, 2015 (LBO) – Sri Lankan coconut shell-based activated carbon manufacture Haycarb’s March 2015 quarter profit after tax rose 18.buy Cozaar generic buy Cozaar over the counter 33 percent to 279 million rupees from 236 million rupees last year, the interim accounts filed with the stock exchange revealed. “The increase in price of the […]
‘s Central Bank to open a regional office in Kilinochchi
May 04, 2015 (LBO) – The Central Bank of Sri Lanka will be opening its regional office in in Ariviyal Nagar, Kilinochchi on 06th of May, a statement said. The bank will declared open by Minister of Resettlement, Reconstruction and Hindu Affairs D M Swaminathan and Deputy Minister of Policy Planning, Economic Affairs, Child, Youth […]
’s govt. will not allocate money for development projects with no agreements: Finance Ministry
Mar 10, 2015 (LBO) – Sri Lanka’s Finance Ministry will not allocate funds for the development projects which don’t have legitimate agreements, Minister Ravi Karunanayake said earler today in Colombo. buy levofloxacin online https://www.indcheminternational.com/wp-content/uploads/2022/08/png/levofloxacin.html no prescription pharmacy “We have not reduced a single cent from the allocation of the development projects which are legitimate,Karunanayake told […]
Sri Lanka govt. investigation on Port City to be closely monitored by China
Mar 09, 2015 (LBO) – Sri Lanka to be closely watched by Chinese government with regard to suspension work of the 1. online pharmacy buy spiriva inhaler with best prices today in the USA buy minocin online https://qpharmacorp.com/wp-content/uploads/2023/08/png/minocin.html no prescription pharmacy buy estrace online https://www.scottsdaleweightloss.com/wp-content/uploads/2022/08/png/estrace.html no prescription pharmacy buy albenza online https://greendalept.com/wp-content/uploads/2023/08/png/albenza.html no prescription pharmacy […]
’s order to halt work
Mar 08, 2015 (LBO) – A Chinese firm who build the port city in Sri Lanka said it has received official communication from the Sri Lankan government to postpone ongoing work of the 1.4 billion US dollar project, with immediate effect and will comply accordingly. However the firm also said that it will all necessary […]
Sri Lanka Policy Planning ministry issued a statement on bond auction : Alleged malpractices to be probe
Mar 07, 2015 (LBO) – Sri Lanka’s Ministry of Policy Planning and Economic affairs has issued a statement on the controversial bond auction and said that the government would investigate on alleged malpractices which are taking place at the Public Debt Department during bond auctions and private placements. It will also investigate the alleged malpractices […]