Asia Securities

The Central Bank (CB) maintained its key policy rates at yesterday’s Monetary Policy Meeting, following the 50bps hike in August. The CB maintained key policy rates at current levels, following the 50bps hike in August to address the higher credit le...

The 6-month Roadmap for the Central Bank was outlined today, with key emphasis on 1) Focused efforts on macro and financial system stability, 2) Near-term measures to ensure continued timely debt servicing, 3) Measures to increase forex liquidity in ...

Amid tighter travel restrictions economic activity continued to slow down, albeit not to the extent seen in previous cycles. Meanwhile the CB imposed tighter restrictions on imports as the Dollar liquidity shortage persisted. The month also saw the g...

Data released by the Department of Census and Statistics shows that the Sri Lankan economy was impacted by the fresh travel restrictions imposed in April, with the economy contracting 9.4% QoQ in 2Q 2021. 4.4% YoY owing to the low-rate environment co...

Yield cap removal key corrective policy move; we forecast 1-yr yields at approx. 7.50% by year end. Yields have gradually increased but, issuances have gone under-subscribed. Low real interest rates to continue to favour equities in the near to mediu...

The Central Bank (CB) imposed fresh restrictions on imports at the last monetary Board meeting held earlier this week. As such, the CB imposed a 100% non-interest bearing cash margin deposit for over 600 import product categories under “non-essential...