Sri Lanka’s rupee was quoted steady at 181.50/60 to the US dollar in the spot market on Monday from last week, while bond yields opened flat and stocks fell 0.68 percent at openBy Tania Madies
Sri Lanka's farmgate fresh milk prices have soared around 20 percent in some areas amid tighter supplies and competition from milk processors, as global whole milk prices also picked up industry officials said.By Tania Madies
Sri Lanka has sought permission from China to land a plane to evacuate 32 students and their families from the epicenter of a deadly virus outbreak, while state-run SriLankan airlines had halved ticket prices elsewhere for China.
Lanka IOC Plc, the Sri Lankan unit of an Indian state-owned petroleum firm, said its net profits for the December quarter grew to 489.75 million rupees from a 986.88 million rupee loss a year earlier on a falling oil bill.
Sri Lanka's Employees Provident Fund, a state-managed retirement fund of private workers had bought stocks without analysis, without approval of an investment committee, and there were no deal tickets to show who bought them in some cases, a forensic report has said.
Sri Lanka is planning a rescue flight to evacuate around 150 students and others stuck in China due to travel restrictions imposed to contain a new deadly virus, within the next two days, the President's office said.
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