Paneetha ameresekere

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Food inflation surpasses 80%

Colombo’s food inflation soared to a record high 80.1 per cent last month (June), beating its previous record of 57.4 per cent established in...

VAT, electricity rates need to be upped

Sri Lanka is in for an IMF loan, provided at least two conditions are met, as indicated by an IMF statement released yesterday (30...

Panic selling of treasuries due to inflation phobia

Government of Sri Lanka’s (GoSL’s) face value money printing (FVMP) debt decreased by 8.10 per cent (Rs 256,271.91 million) to Rs 2,907,037.31 (Rs 2.91...

‘Spot’ strengthens on IMF talks

The benchmark, albeit administered market ‘spot’ strengthened by a rupee to be trading at Rs 360/364 to the US dollar in two way quotes...

Inflation pushes WAYs by over 100 BPs

Weighted average yields (WAYs) at Wednesday’s (29 June) weekly Treasury (T) Bill auction, this time for the issuance of Rs 77,500 million worth of...

Breaking

Weather conditions to enhance

The prevailing windy condition is expected to enhance in...

Blood Bank in Dire Straits

The severe shortage of reagents, consumables, and test kits...

Govt owes organic fertiliser producers Rs 20B

Organic fertiliser producers are currently facing a serious financial...

Obtaining IMF loan sans third party difficult – Harsha

SJB MP Dr. Harsha de Silva warned that if...
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