Inflation slows down in October

Published

1 year ago

November 21, 2022

editor

Sri Lanka’s National Consumer Price Index (NCPI) has slowed year-on-year to 70.6% in October, according to the Department of Census and Statistics.

Food inflation was 80.9% in October from 85.8% in September.

Non-food inflation in October was 61.3% from 62.8% in September.

Imported milk powder prices slashed

Published

7 hours ago

April 24, 2024

editor

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.

CBSL names 8 more companies conducting prohibited schemes

Published

2 days ago

April 22, 2024

editor

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

BIZ

6 RfQs received to acquire SriLankan shares

Published

2 days ago

April 22, 2024

editor

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 :