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India says not associated with Sri Lanka’s WCT decision
Date : Mar - 04

Sri Lanka’s cabinet of ministers had on February 01, cleared the West Container Terminal to be developed as a built operate transfer (BOT) public-private partnership with Sri Lanka Ports Authority and parties nominated by Indian and Japanese governments.

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Sri Lanka sells Rs45bn in Treasuries, short tenors edge up
Date : Mar - 04

The debt office offered 7.5 billion rupees of 3-month bills and sold 17,384 billion rupees at 4.95 percent, up 05 basis points from a week earlier.

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Sri Lanka central bank buying US$10mn dollars a day from market: CB Governor
Date : Feb - 24

“Since around the middle of this month we have been foreign exchange market about US 10 million roughly per day on average,” Governor Lakshman told a webinar by Veemansa, a Colombo-based policy advocacy body.

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Sri Lanka banks to surrender part of converted export dollars to central bank
Date : Feb - 21

Banks have been ordered to sell half of the converted dollars (12.5 percent of the total) to the central bank in a new surrender requirement.

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Sri Lanka rupee weaker in one week forwards, bond yields up
Date : Feb - 15

“Commencing the fresh week of trading, the secondary market yield curve shifted slightly upwards on the back of selling pressure whilst the overall market witnessed thin volumes,” FirstCapital Market Research said.

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Sri Lanka rupee quoted around 195.00/198.00 levels in one-week forwards
Date : Feb - 12

The rupee closed wide 194.00/198.00 to the US dollar in the spot market on Wednesday.

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Sri Lanka to lease state land for commercial maize growing after banning imports
Date : Feb - 06

Authorities have identified 2,750 acres of land coming under Rambakan Oya project zone coming under the Sri Lanka Mahaweli Authority which are not in any forest reserve which are now ‘underutilized’.

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Sri Lanka rupee weaker, bond yields edge higher
Date : Feb - 05

A bond maturing on 15.12.2022 closed at 5.44/50per cent on Friday, up from 5.42/48 per cent Wednesday. Thursday was a market holiday.

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“Sugar fraud” may cost Sri Lanka Rs 11 billion in tax revenue: STB
Date : Feb - 01

STB Chairman Mayantha Dissanayake filing the complaint today claimed that approximately 75,000 metric tons of sugar has been imported to the country by a powerful businessman after the import tax on sugar was reduced. Several other consignments of sugar are still arriving, he said.

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Karu says alleged sugar tax fraud could sour President’s reputation
Date : Jan - 23

Addressing a press conference, Jayasuriya said the Chairman of a Government institution who resigned recently was suspected of being either involved in or aiding such a massive fraud but he still continued to head another institution that comes under the purview of the President.

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