Notable
The strides made in our economic recovery and financial stability have been acknowledged as significant advancements
So there is an issue of policy mix which we're talking, which we've been engaging the authorities with
I'm hopeful that there will be some conclusions down the road
Bondholders are insisting on a GDP link as they believe IMF GDP growth projections are too narrow
Greater understanding would speed up negotiations
Demographers have warned that outflows from the EPF would exceed inflows as Sri Lanka's population aged
ADB will consider supporting properly structured PPP
The rice handout will be given for two months
There has been a lot of discussion on improving governance and zero-tolerance of corruption
The program requires 'progress' to be made particularly among private creditors
Firms based in Singapore, Malaysia, UAE, Thailand, Sri Lanka
Controversially, the law also exempts key expat workers from income tax for a period
A $175 mn bond remains in the balance sheet
In Sri Lanka a 20-pct corporate tax rate is considered a concession
"We did not ask a meeting with the IMF."
Euro Exim Bank Limited, Fairfirst Insurance, LIC, Union Assurance, Asiri
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
COPF Chairman to give report
Sri Lanka's Prime Minister Dinesh Gunawardena has revealed the steep salary hikes given to central bank employees
Various ministers expressed their opinions
60 to 70 million US dollars to ease liquidity problems
Official creditors objected to a private creditor deal in Zambia
The indicative timeline for cabinet approval for a sale agreement pushed to September from June
Sudden tax cuts by gazette are under fire for undermining governance
Action plan to combat corruption, includes reforms to bribery commission, public tendering, state enterprise governance
Sri Lanka is still struggling to boost tax collection via online
Sri Lanka working with Asian Development Bank to get USD200mn of loans, linked to water sector reforms
We use cookies to help us improve and customize your experience. Learn more about how we use cookies in our cookie policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read