Is High Taxes Holding Back Corporates

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  • Sri Lanka Stocks Conclude the Week with a 1.34% Decline

    FINANCIAL CHRONICLE – Sri Lanka’s Colombo Stock Exchange closed down 1.34 percent on Friday, 4.5 percent weaker compared to the same day last week, data on its site showed. Brent crude prices rose towards 100 dollars per barrel. As at 11.35 am today, the price per barrel was around 100.13 dollars. The ASPI closed down

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  • Sri Lankan Rupee Declines as Bond Yields Remain Stable

    FINANCIAL CHRONICLE – Sri Lanka’s rupee closed at 311.15/25 to the US dollar in the spot market Friday, weaker than 311.00/05 the previous day, dealers said, while bond yields were broadly steady. A bond maturing on 15.03.2028 closed at 9.05/15 percent. A bond maturing on 15.09.2029 closed at 9.52/57 percent. A bond maturing on 01.03.2030

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