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Permits of 15 Money Changers not renewed by CBSL

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The Monetary Board of the Central Bank of Sri Lanka has decided not to renew the money changing permits of the 15 Money Changers (MCs) for the year 2023, due to the non-compliance with a condition of the permits issued for the year 2022.

The CBSL says this was communicated to the respective MCs on Feb. 22, 2023.

Accordingly, the public is hereby informed that the companies listed above are no longer permitted to engage in money changing activities, and buying, selling and exchanging foreign currency with such companies are considered as a contravention of the provisions of the Foreign Exchange Act, No. 12 of 2017, the CBSL adds.

The list of the MCs are as follows :

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Colombo International Book Fair 2023 kicks off

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Sri Lanka’s largest book exhibition, ‘Colombo International Book Fair’, commenced today (22) at the Bandaranaike Memorial International Conference Hall (BMICH). 

The book fair organised by the Sri Lanka Book Publishers’ Association will be held until October 1 from 9.00 am – 9.00 pm.

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Import tax on powdered milk increased

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Port and Airport Levy (PAL) on imported milk powder has been increased by 10%, says Trade Minister Nalin Fernando.

The tax increase comes into effect today (Sept. 22).

However, the prices of powdered milk in the local market will not be increased following the PAL hike, the Minister has assured.

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Price of chicken reduced from midnight today

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Local poultry producers have agreed to reduce the price of chicken by Rs. 100 per kilogram, with effect from midnight today (Sep. 21).

The agreement was reached following a discussion with the Minister of Trade, Commerce and Food Security, Nalin Fernando, this afternoon.

Accordingly, a kilogram of chicken will now be sold at Rs. 1,150.

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