Foreign investments galore
US $ 196 million to flow in:
Sri Lanka is expected to have the largest inflow
of foreign direct investment to the country this year. Central Bank
Governor Ajith Nivard Cabraal said that they will attract an all
time record of $ one billion FDIs.
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Balance of payments records healthy surplus by July
Balance of Payments (BOP), which includes all
foreign currency inflows and outflows,recorded a surplus of US
dollars 1,006 million by end July 2011. Gross official
reserves,excluding Asian Clearing Union (ACU) balances, increased to
US dollars 8,099 million by end July 2011 from US dollars 6,610
million by end 2010,
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Insurance Company assets total Rs 241.86 b in first half
The Total Assets of the insurance companies have
increased to Rs 241.86 billion at the end of the first six months of
2011 when compared to the Total Assets valued at Rs 222.24 billion
at the end of year 2010.
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