Sri Lanka’s 2011 tea production records 328.3 million kilograms

Sri Lanka’s 2011 tea production records 328.3 million kilograms Sri Lanka’s tea production during the year 2011...

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Treasury bill auction

Treasury bill auction Sri Lanka’s weekly treasury bill auction held today...

 

Archive for ‘July, 2010’

Colombo Stock Market

Colombo Stock Market

Colombo Stock Exchange saw its turnover reaching Rs. 5.3 billion during trading today with the number of trades at the CSE reaching over 30,000.
Environmental Resources were the major contributor to the day’s turnover with Rs. 1.88 billion coming in following the selling of both warrants and normal shares.
5.4 million Of Distilleries shares also were traded [...]

Inflation slows down

Inflation slows down

Sri Lanka’s inflation during the month of July has slowed down to 4.3%, the 5th straight consecutive monthly decline for the year.
The country’s inflation during June recorded a figure of 4.8% and in May it was at 5.3%.
Central Bank earlier in the month said strong growth in the domestic agriculture sector and a decline in [...]

Investment Specialist writes “Beyond the Battlefront”

Investment Specialist writes “Beyond the Battlefront”

An investment specialist attached to the Board of Investment recently launched a book under the title of “Beyond the Battlefront”, a collection of untold stories and poems of the North and East conflict.
The Book which discusses the hardships, the people of all communities had to undergo during the conflict has been written by Mrs. Romayne [...]

Sri Lanka invites top 10 global banks to raise dollars

Sri Lanka invites top 10 global banks to raise dollars

Sri Lanka has invited top 10 banks in the Bloomberg League table to submit proposals to raise US$ 1 billion by a planned sovereign bond issue , which is due after august this year.
C.J.P. Siriwardena, Assistant Governor of the Central Bank told www.news360.lk the invitations were sent during last week.
Among the Banks invited ranks Barclays [...]

Sri Lankan work places lack HIV/AIDS prevention programmes

Sri Lankan work places lack HIV/AIDS prevention programmes

Health officials say most of the Sri Lankan work places haven’t implemented HIV / AIDS preventive programs thus causing a danger.
Invisibility of the decease and to a certain extent the associated stigma and discrimination are cited as the reasons for the lack of preventive programs in the work place.
As of end 2009, there were 4000 [...]

1 year T-bills comes down to 9%

1 year T-bills comes down to 9%

The weekly primary auction held by the Central Bank today saw the 1 year Treasury bill been sold at an interest rate of 9%, the first time the rate stood at that level since 7 years.
Central Bank says the last time the rate came down to 9% was in April 2003.
Central Bank sold Rs. 6.65 [...]

Sri Lanka’s Lubricant industry is recovering

Sri Lanka’s Lubricant industry is recovering

Sri Lanka’s Lubricant industries growth which was declining during the last 6 to 7 years has started to see growth, says an industry leader.
Kishu Gomes the Managing Director / CEO of the Chevron Lubricants Lanka PLC the market leader in the country’s lubricant industry said “the recovery started beginning this year”.
Gomes attributes the recovery to the revival [...]

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