Author Archives: MFA User

Indian Minister here today

Indian Rural Development Minister Jairam Ramesh will arrive in the country today for a three day visit which will include meetings with President Mahinda Rajapaksa, External Affairs Minister G. L. Peiris and Minister of ...

CASES AGAINST EX-TIGERS TO BE SPEEDED UP

“The court cases would be heard within three months and the government has appointed a four-member committee to do the preliminary work” The government has decided to speed up the prosecution of all remaining hardcore LT ...

No plans to acquire civilian lands

JAFFNA COMMANDER TELLS BRITISH HC:  The Army has no plans to acquire civilian lands to establish camps in Jaffna, Commander Security Forces - Jaffna Maj. Gen. Mahinda Hathurusinghe told the British High Commissioner John ...

Three Provincial Councils dissolved

*Gazette Notification sent to Government Printer *TMVP to contest with Govt Chaminda PERERA The Eastern, Sabaragamuwa and North Central Provincial Councils were dissolved with effect from midnight yesterday at the reques ...

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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