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EPF Offers Treasury Bond Portfolio Exchange Under Domestic Debt Optimization

The Employees’ Provident Fund (EPF) has announced its proposal to exchange the portfolio of Treasury Bonds held by the fund as part of the...

Fitch downgrades Sri Lanka’s Long-Term Local-Currency IDR

Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency (LTLFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’The ratings on its local-currency bonds...

Slight Appreciation of Sri Lankan Rupee Against US Dollar in Local Banks

Today, on September 15, the Sri Lankan Rupee has shown a modest appreciation against the US Dollar when compared to the previous day's rates...

New Anti-Corruption Act Takes Effect, Promoting Transparency and Accountability

Starting today, September 15, the new Anti-Corruption Act comes into operation, ushering in measures aimed at bolstering transparency in governance and public trust in...

Modi’s “one India” goal is good for the economy, but not for politics

The world has been seeing the bright side of India. In August it landed a spacecraft on the Moon. In the latest quarter gdp grew at an annual...

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