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Sunday December 4th, 2022
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Sri Lanka is facing a looming food crisis following chemical fertilizer ban, economic crisis
“It will be equal to any freehold land that you have. The government's land acquisition law has to be changed."
Some have labels in languages that farmers do not use
New tax hikes will be effective from December 1
The slight price increase comes amid heavy rains this week
Buyers offered 1,381,134 nuts at the auction and sold 970,638.
Plantations Minister looking to limit imports
Contract awarded to Ameropa Asia (Pvt) Ltd
There is a large export demand also
I would love to hear more about what your plans are
Buyers offered 1,018,186 nuts at the auction and sold 706,009.
We must first set ensure that politics is led by economics and science, and not the other way around.
A currency collapse has put food out of reach of low income families
Plantations losing labour
| Latest | Last | |
|---|---|---|
| US Dollar | 371.7757 | 371.7599 |
| UK Pound | 442.7119 | 438.8584 |
| Euro | 387.1945 | 385.3880 |
| Aus Dollar | 253.0234 | 251.0798 |
| Yen | 2.6686 | 2.6603 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.4818 | 4.4863 |
| Korea Won | 0.2748 | 0.2747 |
| Oman Rial | 944.1068 | 944.1068 |
| Saudi Riyal | 96.7270 | 96.7115 |
| UAE Dirham | 98.9627 | 98.9627 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,464.20 | -3.19% |
| CSE All Share | 8,087.04 | -2.47% |
| Turnover Rs million | 1,626,658,918 | 1,576,314,848 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 31.03 | 31.03 |
| 6-m bill | 29.57 | 29.60 |
| 12-m bill | 28.41 | 28.41 |
| 5-yr bond | 27.49 | 27.57 |
| 8-yr bond | 27.44 | 27.23 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Margin between highest and lowest prices narrowed this week
A meeting was held with the minister and other stakeholders on September 06
Glyphosate use liberalized for six months
It is alright to import rice for animal feed
Coconut export earning was $483 mln in first 7 months of 2022
We decided to progressively reduce it and halt imports
"Sri Lanka needs to work collectively to solve the food issue in the face of the global food crisis."
The organisations expect the situation to worsen mainly during October 2022 to February 2023.
JICA to provide 200MT of seed
The programme was launched in the north central district of Anuradhapura last Saturday September 10.
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