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Thursday September 29th, 2022
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Approved condominiums, mixed development projects, approved hotels and government projects
Lithium batteries remain on the banned list
"It will also simplify some season tariffs, meaning additional and simpler access for Sri Lanka's exports to the UK."
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.
"We see that there is a large volume of money going through the Hawala/Undiyal systems
The FTA between the two countries have not taken place since 2017 after Sri Lanka asked for more time to decide
They are trying but so far no money has come
There is an understanding that the ordered stocks will be purchased
We have to act before the economy falls off a complete precipice
Exports also up
Forex shortages are a problem associated with pegged exchange rates which do not allow short term rates to float
India is also recognised as a key investment partner of Sri Lanka
A transparent process will be followed
About US$200mn expected to be allocated for medicines
| Latest | Last | |
|---|---|---|
| US Dollar | 369.9235 | 369.9235 |
| UK Pound | 417.3920 | 417.3688 |
| Euro | 365.4949 | 365.1473 |
| Aus Dollar | 247.2916 | 245.9917 |
| Yen | 2.6166 | 2.5700 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.4750 | 4.5225 |
| Korea Won | 0.2575 | 0.2576 |
| Oman Rial | 942.5852 | 942.5852 |
| Saudi Riyal | 96.4518 | 96.4518 |
| UAE Dirham | 98.7994 | 98.7994 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,203.01 | -0.87% |
| CSE All Share | 9,964.80 | -0.36% |
| Turnover Rs million | 3,017,534,901 | 4,958,500,230 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 30.31 | 30.81 |
| 6-m bill | 28.51 | 28.66 |
| 12-m bill | 28.26 | 28.78 |
| 5-yr bond | 25.30 | 25.04 |
| 8-yr bond | 26.01 | 25.76 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
Finalising the proposed FTA between Sri Lanka and China would immensely benefit the local market and products
Milk tea -- a mix of hot, strong tea with powdered and usually sugar -- is a favourite beverage in Sri Lanka.
A 400g pack will be sold at 790 rupees while a 1kg pack will be sold at 1,945 rupees.
US$ 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
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