Sri Lanka news, Sri Lanka economy, Sri Lanka rupee from …
WEBSri Lanka rupee closes stronger at 299.90/300.10 to US dollar, bond yields down. Rupee appreciated further, and bond yields were also down. 1 min read.
Sri Lanka private credit surges Rs135bn in August | EconomyNext
WEBSunday September 29, 2024 8:46 am. ECONOMYNEXT – Sri Lanka’s private credit surged 135 billion rupees in August 2024, up from 60 billion rupees in July, with credit to government and state enterprises contracting amid better fiscal management, data shows. Central Bank contracted 51 billion rupees to 1,754 billion rupees from 1,806 billion ...
Economy | EconomyNext
WEBSep 28, 2002 · Sri Lanka says bondholders have made further interest cuts, NPV benefit 33-pct. Sri Lanka's primary dealers are making excessive use of the central bank's standing facilities to fund their government securities portfolios though they have been cut off from liquidity auctions, an International Monetary Fund report said.
Sri Lanka CB chief sees strong, more than expected 4-pct growth …
WEBSep 27, 2024 · ECONOMYNEXT – Sri Lanka’s 2024 economic growth will be stronger than the expected 4 percent due to increased economic activities, Central Bank Governor Nandalal Weerasinghe said. The Central Bank had originally projected 3 percent growth for this year against the International Monetary Fund’s expected expansion of 1.2 percent.
Sri Lanka’s new president has essentially endorsed predecessor’s …
WEBSep 26, 2024 · ECONOMYNEXT – Sri Lanka’s listed Brown and Company Plc said it had acquired Isin Lanka (Private) Limited for 1.4 billion rupees. “Brown and Company PLC has acquired 100% shareholding of Isin Lanka (Private) Limited from its former shareholders on 24th September 2024, for a total consideration of Rs. 1,495,000,000/-” the company said …
World Bank says ready to support Sri Lanka President Dissanayake
WEBSep 27, 2024 · ECONOMYNEXT – Sri Lanka’s listed Brown and Company Plc said it had acquired Isin Lanka (Private) Limited for 1.4 billion rupees. “Brown and Company PLC has acquired 100% shareholding of Isin Lanka (Private) Limited from its former shareholders on 24th September 2024, for a total consideration of Rs. 1,495,000,000/-” the company said …
Markets - EconomyNext
WEBSep 27, 2024 · Sri Lanka’s PickMe IPO oversubscribed. Initial Public Offering (IPO) of Digital Mobility Solutions Lanka Limited (PickMe), offering 43.47M voting shares. Sri Lanka’s rupee appreciated significantly to close at 300.30/80 to the US dollar Wednesday, from 303.00/14 a day earlier, while bond yields were also down.
IMF to discuss Sri Lanka review timing with new government
WEBTuesday September 24, 2024 6:16 am. ECONOMYNEXT – The International Monetary fund said it will discuss the timing of the next review of the program and looked forward to working with the new President. “We look forward to working together with President Dissanayake and his team towards building on the hard-won gains that have helped put …
Finance - EconomyNext
WEBSep 22, 2024 · Sri Lanka trade body to collaborate on blended financing facility for farmers. Given current economic challenges, a BFF is required to increase the effectiveness of development finance by creating an. September 11, 2024 1 min read.
About - EconomyNext
WEBAbout EconomyNext. EconomyNext is an economic, financial and political news service with a primary focus on Sri Lanka. It provides independent news, analysis and comment on business, economic and policy in Sri Lanka and the world. It is published by Echelon Media (Pvt) Ltd, the publishers of Echelon magazine in Colombo.