Notable
Ministry of Industries pushes universities, business to work together to produce exportable, commercially-ready products
Old fines do not match the recent substantial rises in prices of goods and services, only small fines are made: Minister
Non-revenue water rise slightly
Currency crises, global inflation, default pushes up costs and delays deliveries
The firm has shifted operations to Ras Al-Khaimah in the UAE
A start-up accelerator backed by MAC Holdings hopes to support aspiring entrepreneurs, uni students commercialize ideas
Most Sri Lankan minerals are mostly exported as raw materials
Legal alcohol producers are not buying ethanol produced at state-run sugar firms and material is piling up
Sri Lanka’s Excise Department suspended soft alcohol licenses issued to hotels and restaurants registered with SLTPB.
The system will address weaknesses of the current system and provide much-needed support to workers and their families
These resources have the potential to yield significant value through the production of value-added goods.
Egg and poultry prices are likely to drop by December, and there would be no further price hikes, minister says
Netherlands to help Sri Lanka unlock female workforce potential with feminist foreign policy
Land given on 30-year lease
Lanka Mineral Sands Limited mines beach sands and exports
Already 93-pct of energy needs met by biomass and renewable sources
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
A 420,000 barrels a day refinery was proposed
Because that is too much of a risk for someone to come and invest
In Sri Lanka royalties are charged on the free on board (export) price of the mineral, not the pithead price
Australian firms interested in phosphate, graphite and ilmenite
Sometimes they have to stop a production line, or operate below capacity
Finance costs up
Global neckwear market estimated at US$5.7bn
"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."
The current prices are too high and if we increase it more it will result in further downfall of the business
The introduction of this vehicle takes place at a time when Sri Lanka's economy collapsed
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