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