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20
Feb

Foreign investors withdraw over Rs.100bn from Government Securities Market: Media reports

The Ceylon Today newspaper reported on Sunday, February 19 that foreign investors have withdrawn over 100 billion rupees from the Government Securities Market over the past eighteen weeks. Economists say that this mass withdrawal of foreign investors from Sri Lankan Treasury...
16
Feb

CIM Sri Lanka heralds 2017 with Talking Point series

The Chartered Institute of Marketing (CIM) Sri Lanka held its inaugural Talking Point Programme for the New Year titled ‘Insights for Marketing in 2017’ in January at the Union Ballroom, Hilton Colombo Residences. With an aim to appraise participants on the marketing trends of...
02
Feb

CB’s independence likely to be tested this year: economists

The independence of the country’s Central Bank is likely to be tested in 2017, a development that could undermine the macroeconomic gains made in 2016, economists cautioned during a forum in Colombo organised by the country’s leading trade chamber last week. “Going forward, if...
27
Jan

Economists say govt. policy reforms ad-hoc, unsystematic

The government’s current reform agenda is both ad-hoc and unlikely to be completed, according to a panel of economists who said this could exacerbate the current low growth climate, adding to the woes of a volatile coalition administration. “These are a series of ad-hoc reforms...
23
Jan

EQUITY ROUNDTABLE: TIME TO SWITCH

Accepted wisdom, that equities offer superior returns in the long run, sounds a little hollow right now, if long term is defined as three to four years. The All Share Index is up approximately 12% from levels four years ago. Institutional investors know they cannot stay out of...
28
Dec

Rise in US interest rates, capital move out to affect Sri Lanka – Economist

Following the US presidential election, money has suddenly started flowing out of emerging markets and currencies similar to Sri Lanka have been weakening, which is again causing another round of pressure, Frontier Research CEO Amal Sanderatne said. Speaking at a corporate...