FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post
Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer


Latest topics

» ASSOCIATED MOTOR FINANCE COMPANY PLC (AMF.N0000)
by dayandacool Today at 2:43 am

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by cseguide Yesterday at 11:46 pm

» R I L PROPERTY PLC (RIL.N0000)
by SAGA Yesterday at 9:57 pm

» Dividend - July/August
by High-flyer Yesterday at 9:41 pm

» SOFTLOGIC CAPITAL PLC (SCAP.N0000)
by madukp Yesterday at 9:08 pm

» Daily Foreign Transactions update
by Pradeep90 Yesterday at 9:08 pm

» Directors' Dealings 21/06/2021
by SAGA Yesterday at 8:25 pm

» CHEVRON LUBRICANTS LANKA PLC (LLUB.N0000)
by rukshan1234 Yesterday at 8:14 pm

» Top Foreign Trading today - 21/06/2021
by SAGA Yesterday at 8:02 pm

» Crypto , Digital Currency Trading , Forex
by RJ1010 Yesterday at 1:58 pm

» ACCESS ENGINEERING PLC (AEL.N0000)
by engineer Yesterday at 7:07 am

» Investing in Sri Lanka in ‘The New Normal’ - Nimal Perera
by ChooBoy Sun Jun 20, 2021 10:31 pm

» Who will be the Owner of Dividend after DVP?
by Mr. X Sun Jun 20, 2021 6:12 pm

» DVP යනු කුමක්ද? Explained
by samaritan Sun Jun 20, 2021 1:23 pm

» How to toggle between mobile and web versions of FC
by CHRONICLE™ Sun Jun 20, 2021 10:36 am

» I have 5 Million Cash To Invest in CSE
by chandike73 Sun Jun 20, 2021 8:42 am

» අයියෝ පෑන් ඒෂියා
by CHRONICLE™ Sun Jun 20, 2021 12:40 am

» කොටස් වෙළදපොල සිංහලෙන්
by CHRONICLE™ Sun Jun 20, 2021 12:35 am

» I keep seeing in the face book about the stock market but I still have no idea it is. Do you know? Stock market for beginners
by Asoka Samarakone Sat Jun 19, 2021 9:40 pm

» EAST WEST PROPERTIES PLC (EAST.N0000)
by SAGA Sat Jun 19, 2021 7:10 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka south railway financed by US$278mn China credit

Sri Lanka south railway financed by US$278mn China credit

Go down  Message [Page 1 of 1]

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Aug 23, 2012 (LBO) - China will give a 278 million credit to finance a railway track from Matara in Sri Lanka's South to Beliatta, cabinet spokesman minister Keheliya Rambukwelle said.

The Exim Bank will provide 200 million US dollars under preferential buyers credit terms and the government of China will give a concessional loan of 508 million yuan.
China Exim Bank's preferential buyers credit usually come with only 2.0 percent interest and 20 year payback with 5 or 7 year's grace period, a half percent management fee and commitment fee.

The project involves building 26.75 kilometres of track, bridges, stations underpasses and overpasses. It is part of a plan to connect Matara with Kataragama.

Sri Lanka will have to bear a slightly higher cost with repaying renminbi loans as the Chinese currency is set to appreciate against the US dollar.
US Mercantilists have put pressure on China to appreciate the currency falsely claiming that the Renminibi is undervalued.
http://www.lbo.lk/fullstory.php?nid=1063271941

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum