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Sugar & confectionery imports exceed USD 59mn in May

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The Central Bank of Sri Lanka (CBSL) said that USD 59.8 million have been spent on sugar and confectionery imports to Sri Lanka in May this year.

This is a 367.7% increase compared to the USD 12.8 million spent on sugar and confectionery imports in May 2022.

Meanwhile, the External Sector Performance report published by the CBSL further said that USD 220.5 million had been spent to import sugar and confectionaries during the period of five months from January to May.

This is an increase of 123.7% in comparison to the USD 98.6 million worth of imports made in the first five months of 2022.

The total cost of importing sugar and confectionaries to Sri Lanka in 2022 was USD 257.8 million, USD 288.8 million in 2021 and USD 277.1 million in 2020.

Source – Aruna

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2 injured in Kotahena shooting

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A man and a woman have been injured in a shooting incident in the Kotahena area this evening (May 16), police said.

Both victims were hospitalised for treatment.

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Arrest warrant issued against Mahindananda

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An arrest warrant has been issued against former Agriculture Minister Mahindananda Aluthgamage over the ongoing investigation into the importation of Chinese fertilizer.

The Colombo Chief Magistrate’s Court issued the warrant on a request by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), after Aluthgamage failed to appear before the Commission as summoned on May 14.

Earlier, on May 14, a motion seeking anticipatory bail on behalf of his counsel was filed with the Colombo Magistrate’s Court, requesting that the matter be taken up on May 16. The Magistrate ordered that the motion be heard on May 19.

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Night mail trains cancelled as station masters strike

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Railway Station Masters have decided to launch a token strike from midnight today (May 16), resulting in all night mail trains being cancelled.

The one-day token strike is to be launched by the Railway Station Masters’ Union based on several demands.

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