Sri Lanka’s State Minister of Finance Eran Wickremaratne has reportedly stated that the government would look at revenues in the second quarter of 2019 and re-prioritize expenditure in the second half of 2019.
The Central Bank of Sri Lanka (CBSL) has reportedly raised US$ 165.5 million through the latest issuance of Sri Lanka Development Bonds (SLDBs) from US$ 196 million worth of bids received. The funds raised are for the government of Sri Lanka.
Authorities in Sri Lanka, the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) have reportedly organized an Invest Sri Lanka Forum targeting portfolio and direct investors in Singapore.
The largest beer seller in Sri Lanka, Lion Brewery PLC (LION), in their latest quarterly review has reportedly noted that revenue from the country’s beer industry
A think-tank based in Sri Lanka has reportedly noted that the use of mobile phones to do financial transactions is still low in the country.