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Saturday February 4th, 2023
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Out of 1645 items which under import bans after 2020 monetary instability, 795 have been removed
Open account imports of fertilizer will be allowed from December 21 to June 2023.
Sri Lanka hopes to re-start trade negotiations with India, China and Thailand from January 2023
India is Sri Lanka's largest trading partner
"A DDR that wipes out the primary dealers will seriously affect the ability of the government to raise funds"
Brown sugar is banned to give profits to domestic producers
Several identified
Are monopoly rents being charged
Official remittances were also up from 325.4 million US dollars in August
Seeds, fertilizer and some agro chemicals
Plantations Minister looking to limit imports
GSP+ is an annual trade concession worth over 500 million US dollars
The sharp increase in lending rates is a major cost to the industry
Open account channel for maize not open
Electric vehicles for expat workers until Dec 31
President Wickremesinghe is in Tokyo on a two-day official visit.
| Latest | Last | |
|---|---|---|
| US Dollar | 371.7127 | 371.6601 |
| UK Pound | 453.5962 | 453.9794 |
| Euro | 396.3156 | 396.4763 |
| Aus Dollar | 250.1862 | 251.1981 |
| Yen | 2.8251 | 2.7549 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.3961 | 4.3963 |
| Korea Won | 0.2820 | 0.2791 |
| Oman Rial | 943.2237 | 943.2268 |
| Saudi Riyal | 96.7270 | 96.7115 |
| UAE Dirham | 98.8729 | 98.8786 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,653.84 | -1.51% |
| CSE All Share | 8,420.26 | -1.04% |
| Turnover Rs million | 4,621,153,484 | 2,824,714,520 |
| 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 | - | - |
Sri Lanka is caught in a geopolitical cold war between China and India, analysts say
Teachers unions have said school kids were staying away because they could no longer afford sanitary napkins
Maize and Soybean could be imported by registered poultry feed makers
The Greater Mekong Chamber deals with East Asian countries
Toilet paper allowed, squatting pans banned
Pathirana said exemptions have been made for items that have been recognised as essential.
I believe there are greater opportunities for co-operation between Sri Lanka and Vietnam.
From one acre there are people who have earned 4 million rupees
IT industry also hit from ban on computer items
"US-Sri Lanka bilateral trade already supports more than 180,000 workers supplying exports to the US."
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