official inform: Sri Lanka central bank will intervene if rupee moves on speculation

38 ViewsSri Lanka’s central bank will intervene in the foreign exchange markets if its rupee currency moves for any reasons other than global trends, Nandalal Weerasinghe, the bank’s senior deputy governor, told Reuters on Friday. Currency dealers have said the central bank had not intervened much to defend the currency, which has dropped 5.6 percent […]

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Open today: Enterprise Sri Lanka exhibition in Monaragala

126 ViewsThe Enterprise Sri Lanka national exhibition, organized by the Ministry of Finance and Mass Media to publicize the government’s ambitious program to create a paradise of entrepreneurs, will be opened in Monaragala today. The opening ceremony of the three-day exhibition will be held at 4.00 pm today under the patronage of Prime Minister Ranil […]

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Brazil to resume meat exports to Indonesia

84 Views Brazilian authorities said on  the country will soon resume meat exports to Indonesia following the Southeast Asian nation’s import restrictions for years over food security concerns. Brazilian Minister of Agriculture, Livestock and Supply Blairo Maggi said the two countries’ negotiations over trading details are in the final phase. An Indonesian technical group will […]

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Prices up in cigarette

63 ViewsThe Finance Ministry announced the increase on excise duty on cigarettes by Rs.3.80 per stick with effect from midnight yesterday, the Finance Ministry said. The duty on the cigarettes would be determined according to their length, the source said. Accordingly, the price of a cigarette which was Rs. 50 would increase to Rs. 55.00, […]

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Import vehicles, duty increase

77 ViewsThe import duty on vehicles which are less than 1000cc has been increased with effect from today (August 1), the Finance Ministry said. Accordingly the import duty on normal vehicles less than 1000cc has been increased up to Rs 1.5 million while the duty on Hybrid vehicles less than 1000cc is increased up to […]

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