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Wednesday, 7 December 2011

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Increased limits on foreign investments

The Monetary Board of the Central Bank at its meeting held on December 5, has decided to raise the current threshold for foreign investments in Treasury bills and Treasury bonds from 10 percent of the outstanding Treasury bill and Treasury bond stock to 12.5 percent.

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SLPA mulls bond issue to raise development funds

The Sri Lanka Ports Authority (SLPA) is still repaying its loans that were taken ten years ago and this is severely affecting their bottomline, SLPA Chairman Dr. Priyath Wickrama said.

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EDB campaign ahead of ‘Sri Lanka Expo 2012’

Sri Lanka Export Development Board is on an aggressive promotional campaign to widen the local export base in different forms to achieve an export revenue target of US $15 billion in 2015. Export Development Board Chairman Janaka Ratnayake said the EDB plays a keyrole in promoting Sri Lankan products across the globe.

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The administrative building of the Ruhunu Magampura Port that is being constructed at the
moment. Picture by Sumanachandra Ariyawansa



 
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