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Gazette to restrict gold imports

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Sri Lanka has issued an extraordinary gazette restricting the imports of gold over 22 carats as jewellery.

State Minister of Finance Ranjith Siyambalapitiya tweeted that the decision was made to prevent gold smuggling.

“Special Gazette No. 2312/77 is issued restricting import of gold above 22 carats as jewellery to prevent gold smuggling,” he tweeted.

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Imported milk powder prices slashed

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The price of imported milk powder will be reduced with effect from tomorrow (April 25), the Milk Powder Importers’ Association states.

Accordingly, the price of a 01 kg pack will drop by Rs. 250 – Rs. 300 while the price of 400g pack will be slashed by Rs. 100ත් – Rs. 130.

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CBSL names 8 more companies conducting prohibited schemes

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The Central Bank of Sri Lanka has named 08 more entities that conduct and/or have conducted prohibited schemes.

“Participating in Pyramid Schemes is a Punishable Offence” Central Bank said in a notice to general public.

The named entities are :
1. Beecoin App/Sunbird Foundation
2. Fast Win (Pvt) Ltd
3. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
4. Genesis Business School/ Era Miracle (Pvt) Ltd
5. Isimaga International (Pvt) Ltd 
6. Ledger Block 
7. Qnet/Questnet 
8. Ride to Three Freedom (Pvt) Ltd

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6 RfQs received to acquire SriLankan shares

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Sri Lanka’s State-Owned Enterprise Restructuring Unit (SOERU) announces that 06 Request For Qualifications (RfQ) were received for the acquisition of shares of SriLankan Airlines.
These RfQs were received from :

  1. 1. AirAsia Consulting Sdn. Bhd.
  2. 2. Dharshaan Elite Investment Holding (Pvt) Ltd
  3. 3. FITS Aviation (Private) Limited
  4. 4. Sherisha Technologies Private Limited
  5. 5. Treasure Republic Guardians Limited
  6. 6. Hayleys PLC

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