Chanka Jayasinghe

Sri Lanka has sold only 55.4 billion rupees of Treasury bills at an auction on Wednesday, data from the state debt office showed.

Sri Lanka bonds were up at close and t-bills were down, dealers said while the spot ended at 308.30/310 rupees to the US dollar.

Sri Lanka bonds opened steady on Wednesday, dealers said while the spot was trading at 308.50/310 rupees to the US dollar.

Sri Lanka bonds closed higher on Wednesday, dealers said and the spot closed stronger at 306.50/308 rupees to the US dollar.

Sri Lanka’s merchandise exports fell 5.59 percent in May 2023 from a year earlier to 989.7 million US dollars, due to a drop in apparel, textile and coconut exports, data from the island’s Export Development Board showed.

Sri Lanka is proposing to set up special tax courts, State Minister for Finance Ranjith Siyambalpitiya said as the country plans to increase its tax revenues in 2023.

Sri Lanka President Ranil Wickremsinghe has appointed R.M.A.L. Rathnayake, a former Additional Commissioner General of Elections, has been appointed as the Chairman of the Election Commission, President’s Media Division said.

Sri Lanka President Ranil Wickremsinghe has appointed R.M.A.L. Rathnayake, a former Additional Commissioner General of Elections, has been appointed as the Chairman of the Election Commission, President’s Media Division said.

Air Vice Marshal Udeni Rajpaksa has been appointed as the new Air Force Commander of the Air Force on June 29 after Air Marshal Sudarshana Pathirana relinquishes his post, Presidents Media Division said.

Sri Lanka state run Ceylon Petroleum Corporation has raised the price of 92 Octane petrol by 10 rupees to 328 rupees, effective from June 30 mid night.