Secondary market doubles
Transactions top Rs 41.2 trillion in 2010:
The issue of government securities in the
primary market and trading in the secondary market has increased in
2010. Although the total of Treasury Bills and Treasury Bonds issued
through primary dealers remained almost unchanged at Rs 1.5 trillion
in 2010, the composition issues of Treasury Bills increased as a
percent of the total issues.
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LIOC seeks excise duty reduction for petrol
There is a rapid development in the country’s
transport sector and fuel plays a predominant role in its growth
sustainability. “We see an accelerated development in the transport
sector where fuel prices has a direct impact on the sectorial
growth.
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Guide to doing business in Sri Lanka
The Central Bank of Sri Lanka has released the
revised edition of the publication titled “A Step by Step Guide to
Doing Business in Sri Lanka”.
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Mandatory offer for Browns Beach shares worth Rs 1.8 b
Aitken Spence Hotel Holdings PLC will make a
mandatory offer for the shares of its subsidiary - Browns Beach
Hotel where the effective number of shares that shareholders will
exercise their rights will be 86.5 million shares worth Rs 1.8
billion.
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