Notable
India has been eyeing Trincomalee, the mineral resource rich district, for decades.
'At the heart of this decision is the increasingly high operating cost of the Katunayake factory'
Everest Industrial Lanka (Pvt) Ltd makes commercial bottle coolers
the number of young people engaged in mining is gradually decreasing,
Toppan Forms (Colombo) Ltd, DPJ Holdings (Pvt) Ltd, Grand Export (Pvt) Ltd, Digiscan Secure Print Solutions (Pvt) Ltd
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
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
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
"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
The Group observed capacity underutilization in all three plants due to the softness in the market
Litro Gas is raising fuel through a price formula every month to prevent losses and borrowings
Department of Textiles looking at import substitutes
Quality of public buses is low - except on expressways - due to regulated pricing and a rigid licensing system.
Following appeals bans on 708 items had been lifted
There is shrinkage in consumer spending and people are making choices
Opens phama laboratory
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