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Foreigners vie for bulk of Ceylinco Insurance shares

Foreigners have accounted for the bulk of the Rs. 1.5 billion Ceylinco Insurance non-voting share issue, which opened last Friday. The issue was subscribed by around half yesterday by 3 pm accounting for around 4 million shares

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Lanka has vast potential to tap international bond market

Sri Lanka has vast potential to tap the international bond market and it is another avenue of financing domestic needs, Group Chief Economist RAM Holdings Berhad Yeah Kim Leng said.

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Brandix Eco Centre hosts beauty queens

The Green Plant of Brandix, Sri Lanka’s largest apparel exporter, recently hosted two reigning beauty queens on a familiarisation visit.

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Superbrand status for Ceylon Glass

Ceylon Glass Company, was recently awarded Business Superbrand status by Superbrands Lanka. The Superbrands programme, which currently operates in over 55 countries acknowledges a variety of categories of brands.

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The Government continues to account for the major share of external debt: Of the total medium and long—term debt, the Government debt accounts for as much as 91 per cent, with the remaining 9 per cent representing borrowings of both the private sector and public corporations and debt obligations to the IMF. Of the Government’s external debt stock, concessional debt accounts for about 86 per cent.
Central Bank Annual Report 2007

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