Notable
President Dissanayake's party strongly opposed Indian JV for Trincomalee Oil Tabk Farm
We have put a cabinet paper for that. It is awaiting Treasury observations
"We will reactivate it and quickly implement it"
There were 49 proposals in response to expression of interest which were not competitive tender
Quarter on quarter profits were down from 5.3 billion rupees in June
India’s Adani Group withdrew Mannar wind power plant early this year amid price disagreement
Some tanks could also be used for ship bunkers
Fuel price hike, forex-shortage led long fuel queues help boost LIOC's profits
Opposition legislator Harsha de Silva has called the social security contribution levy a travesty.
"The government should step in and set a rate, but instead they are making obnoxious statements."
The CEB had 10 months worth of arrears totaling 35.18 billion rupees dating back to October 2021.
The first phase will commence in the Western province, the PMD said.
"World Bank lent 70 million USD to solve our LPG problem. Now we are returning that money to Treasury in rupees."
"There will be no independent regulation if the sector is overseen by a committee under the Minister."
About 1500MW could be added over 2 years,
We will give our storage facilities and pipelines for a fee.
| 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 | - | - |
Weekend power cuts reduced with rain
Sri Lanka's state-run Ceylon Petroleum Corporation has a habit of getting oil on credit and paying later
The move could allow investors to enter into petroleum products
In the first eight months of 2022, the CEB incurred a loss of 108.6 billion rupees.
"But the recruitment process must change."
"We have given permission to provincial offices to identify [commercial] threewheeler taxis in their respective area."
Group A-W will have 1 hour and 20 minutes power cut during the night.
Auto Diesel is reduced by 15 rupees per and the new price is 415 per liter.
90% of oil distribution on the island is controlled by state-run Ceylon Petroleum Corporation
Sri Lanka raised electricity tariff to record high to reduce losses
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read