COLOMBO, June 25 Sri Lanka raised $2 billion
through bond sales, the central bank said on Tuesday, as falling
U.S. treasury yields helped boost risk appetite in the island's
debt despite a slowing economy.
COLOMBO Sri Lanka is likely to raise $2 billion through 5-year and 10-year sovereign bonds launched on Monday, two government officials told Reuters, as the Indian Ocean island nation tapped global capital markets for the second time in three months.
COLOMBO Sri Lanka's battered tourism industry is trying to woo visitors back to beaches deserted after deadly Easter bombings, slashing hotel rates and pushing promotions in key markets like Russia.
* Credit growth slows to near 5-1/2-year low in April
(Adds cenbank chief's comments)
* Fundraising now to capitalise on favourable
COLOMBO Sri Lanka's central bank is widely expected to cut its key interest rates at a meeting on Friday, a Reuters poll showed, to support the economy after tourism and investment plummeted in the wake of Easter Sunday bombings.
COLOMBO Sri Lanka is in advanced talks with India and Japan to construct a container terminal at the port in Colombo, next to a Chinese terminal built as part of Beijing's Belt and Road Initiative, government officials said.
COLOMBO Sri Lanka is unlikely to hit its full-year economic growth target of 3-4% following the Easter Sunday bombings, junior finance minister Eran Wickremeratne told Reuters on Tuesday.
COLOMBO After coming under fire for not acting on warnings about Easter bombings that killed more than 250 people, Sri Lankan President Maithripala Sirisena is now facing criticism over his leadership in the aftermath of the Islamist attacks.
COLOMBO Buddhist Sri Lankans marked the festival of Vesak in low key celebrations on Saturday amid heightened religious tensions in the Indian Ocean nation following the deadly Easter Sunday attacks that killed more than 250 people.