Notable
The litigation entails risk to debt sustainability
Out of an auction of 200 billion rupees, only 142 billion was subscribed
The central bank is helping the PDMO get on-the-job-training
Sri Lanka Apparel Brand Association claims to have fired the first shot against online platforms
Has sought $200mn relief
The shipment was formally handed over by the High Commissioner of the Maldives to Colombo
"Taxes yield greater benefit to the public with far less financial cost and resources,"
Makes Rs8.6bn levy to the Treasury to settle earlier dues
Investment income rose to 28.7 billion rupees from 13.7 billion rupees in 2022
There were cabinet papers submitted to get approval for changes required for debt restructuring
Large portions of losses in recent years have come from exchange losses
Interest bill has started to ease
Rupee debt continues expand amid deficit
We have to open the second round of negotiations with bondholder
Voluntary retirement scheme to be offered to 267 employees at a cost of 844 million rupees during the amalgamation
Information not to be used retrospectively, Minister says
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 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 | - | - |
The EPF had come under fire in the past over questionable investments in stocks and also bonds.
Around 700,000 Sri Lankans have left the country for foreign jobs legally in 27 months through March 2024
Confident and optimistic that a second round of talks will commence very soon
A Fiscal Management Responsibility Act, which has been repeatedly breached in the past will be repealed
We are confident that second round of discussions will help us reach a solution
Greater understanding would speed up negotiations
Demographers have warned that outflows from the EPF would exceed inflows as Sri Lanka's population aged
Deficit lower in absolute terms and as a share of GDP
We have now been assured by the Hon Minister of Tourism that the process will be reversed by 1st May
Withholding tax may be lifted on interest below Rs100,000 a month
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