Author Archives: MFA User

Investment in Treasury Bills and Treasury Bonds by Japanese Investors

In view of the benign macro-economic environment, relatively high interest rates, safe and conductive market environment, Bansai Securities, one of the leading investment house in Tokyo, is planning to invest JPY 10 billion [Approximately US$ 125 million] in Sri Lanka Government Treasury Bills [T-bills] and Treasury Bonds [T-bonds] over the next 12 month period.  The first tranche of the proposed investment of JPY 1.5 billion [Approximately US$ 20 million] is expected to be made before 15.07.2012.

The New World Securities [Pvt] Limited, the first Japanese Securities firm authorized to trade in shares and financial instrument in Sri Lanka, acts as the lead manager while Pan Asia Banking Corporation PLC will be the facilitator to the proposed investment.

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Sri Lankan Consulate promotes tourism in Guangzhou

Guangzhou_-_Photo_2

The Consulate General of Sri Lanka in Guangzhou and the Hilton Tianhe Hotel  organized the first ever Sri Lanka Food and  Dance Festival held in South China from 13 to 21 June 2012, showcasing some of the best of Sri Lanka’s vibrant culture. The promotion was timed to create excitement about Sri Lanka as a tourism destination just prior to the July-August travel peak.

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15 Austrians awarded Diploma in Buddhism

The first batch of students from the University of Vienna who completed the inaugural Diploma in Buddhism was felicitated in Austria today. The 15 Austrians were conferred with a Diploma after passing the examination con ...

Promoting Relations with Kerala

On a three-day visit to the State of Kerala, High Commissioner Prasad Kariyawasam called on Chief Minister of Kerala, Oommen Chandy, on 12 June. Member of Parliament from Kerala in the Lok Sabha, Shashi Tharoor, was present at the meeting as well. Having conveyed the greetings of President Mahinda Rajapaksa, the High Commissioner expressed Sri Lanka’s interest in reinvigorating ties between Kerala and Sri Lanka encompassing all spheres. The High Commissioner emphasised that although the economies of Kerala and Sri Lanka appear similar at first glance, there is potential to create synergies and leverage market advantage through creation of a common platform and conduct of research on commodities that both Sri Lanka and Kerala dominate in the world market.

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President attends Vesak celebrations in Rome

President Mahinda Rajapaksa attended Vesak celebrations at the FAO Headquarters in Rome on Thursday as the Special Guest. The event was attended by chief Buddhist monks in Italy, FAO Director General Jos Graziano da Sil ...

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