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SECP emphasises business-friendly laws for capital market developments


Business
February 6, 2021
ISLAMABAD: Securities Commission of Pakistan (SECP) Chairman Amir Khan underscored needs of simplified and business friendly laws for sustainable market developments, competition and capital formation.
“While a lot of good work has been done in the previous year, there needs to be an increased focus on linking SECP’s work to the real economy and real business issues that face the country today,” Khan said during a webinar on ‘digital onboarding of investors from Overseas Pakistanis’. Pakistan Business Professional Council Abu Dhabi hosted the event. SECP chairman said a collateral management company has been launched and there is an urgency to provide farmers, the opportunity to sell their produce by way of an electronic warehouse receipt on a recognised exchange. ....

Aamir Khan , Abu Dhabi , Abuz Aby , United Arab Emirates , Securities Commission Of Pakistan , Pakistan Business Professional Council Abu Dhabi , Securities Commission , Chairman Amir Khan , அமீர் காந் , ஒன்றுபட்டது அரபு அமீரகங்கள் , பத்திரங்கள் தரகு ஆஃப் பாக்கிஸ்தான் , பாக்கிஸ்தான் வணிக ப்ரொஃபெஶநல் சபை தபி , பத்திரங்கள் தரகு , தலைவர் அமீர் காந் ,

SWAP settlement to India and ECT withdrawal not connected - ECT withdrawal not formerly communicated


Friday, 05 February 2021 - 13:17
The Central Bank has confirmed that it has fully settled the USD 400 million loan obtained under the Swap facility from India. 
There is no truth to the story that India has called for a settlement of the US $ 400 million currency swap after the Sri Lankan government decision reneging on the 2019 agreement with India on the development of the East Coast Terminal (ECT) of the Colombo Port.
The Central Bank of Sri Lanka (CBSL) and the Reserve Bank of India (RBI) entered into a currency swap agreement on 24th July 2020 under the Framework on Currency Swap Arrangement for South Asian Association for Regional Cooperation (SAARC) countries for 2019 - 2022. ....

Sri Lanka , Kingsley Ranawaka , Bandula Gunawardena , Somawathi National Jala Galum Valley Park , Somawathi National Jala Galum Valley , Hiru News , Minister Bandula Gunawardena , Sri Lanka Transport Board , Hirunews Lk English , Co Vid , ஸ்ரீ லங்கா , ஹிரு செய்தி , ஸ்ரீ லங்கா போக்குவரத்து பலகை , மந்திரி சபை , நீர்மை நிறை , சர்வதேச பரவல் , இணை வித் , இரண்டு முறை ,