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Paris Club assurances this week

BusinessJapanese Deputy Ambassador Katsuki KotaroTags: Print EditionJapanese Deputy Ambassador Katsuki Kotaro noted that Paris Club members were in agreement and were to communicate their financing assurances in the next few days. He…

Construction industry shrinks by 33.2%

BusinessTags: Print EditionIn the third quarter of 2022 the Sri Lanka economy shranked by 11.8% but the construction industry shranked by 33.2%.Normally when the economy shrinks, the construction industry shrinks at a much faster rate. With…

Primary dealer profits balloon

BusinessTags: Print EditionThe large deviation between the interest rate corridor, market interest rates, and government securities has allowed the profits of the Primary Dealers to balloon. Capital Alliance Treasury, being the first listed…