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Friday August 12th, 2022
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Sri Lanka's rubber products can grow up to 30% in US dollar revenue if uninterrupted power supply ensured
SLPA has waived 20 mn USD of demurrage for importers who have been unable to clear goods in time
Special commodity levies of up to Rs2000 on yoghurt, butter
Finance Ministry asks not to import excessively
It is important to anticipate legal trends, anticipate consumer trends
Milk tea -- a mix of hot, strong tea with powdered and usually sugar -- is a favourite beverage in Sri Lanka.
A 400g pack will be sold at 790 rupees while a 1kg pack will be sold at 1,945 rupees.
US$ 1 billion credit line signed for essential commodities
India has promised a billion US dollar credit line for imports
In the 9 months to September 2021, gross trade credits went up US$478mn
Sri Lanka's dollar shortage has forced its central bank to impose ban of several imports and seek credit lines
Many patients tempted to buy drugs in small amount "without taking them for the prescribed period of time." - MCPA
Strategic Development Law projects may be given exemptions
Some exporters have also started to convert, market participants said
No active trading is expected for the rest of the day
| Latest | Last | |
|---|---|---|
| US Dollar | 368.6127 | 368.6127 |
| UK Pound | 447.0879 | 446.9724 |
| Euro | 378.4089 | 377.3186 |
| Aus Dollar | 258.8081 | 259.7439 |
| Yen | 2.7436 | 2.7454 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.5360 | 4.5360 |
| Korea Won | 0.2758 | 0.2758 |
| Oman Rial | 937.4943 | 937.4943 |
| Saudi Riyal | 95.9947 | 95.9947 |
| UAE Dirham | 98.2658 | 98.2658 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,928.96 | 4.46% |
| CSE All Share | 8,706.17 | 2.43% |
| Turnover Rs million | 4,506,916,091 | 3,748,329,990 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 26.24 | 26.34 |
| 6-m bill | 26.52 | 26.51 |
| 12-m bill | 27.36 | 27.11 |
| 5-yr bond | 23.86 | 23.10 |
| 8-yr bond | 24.21 | 24.35 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Some items have been brought under licensing, some under taxes and some under taxes and licensing
.
The cabinet approved it before the decision was made to change the exchange rate
Iraq and Russia leades
Tourism is diversifed
"With today's situation, there will be another shortage of gas by next week."
NMRA delaying re-registration and registration of drugs
The order book was strong but the Russia's invasion of Ukraine was a challenge
OQ Trading will supply petrol from February 15, 2020 to October 14, 2022
Forex crisis compounds the problem
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