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Sri Lanka Tea volume sold at auctions declines but prices soar in 2022
Sri Lanka’s total tea export revenue stood at US$ 1.2 billion for 2022 and the export volume for 2022 was 250mn/kg, although tea volume sold at Colombo auctions in 2022 was lower but prices rose to highest since 2017 Chairman of the Sri Lanka Tea Board Niraj De Mel said.
Sri Lanka to crack down on gold jewellery smuggling
In the wake of using the Sri Lanka-Tamil Nadu gold smuggling corridor increasingly by smugglers, the Government has issued an Extraordinary Gazette notification restricting over 22 carats of gold as jewellery brought into the country.
Govt to improve the passenger transport service adding 500 more buses
Government of Sri Lanka (GOSL) has taken a policy decision to procure 500 buses including 400 Nos. 50-54 High Back Seater New Buses and 100 Nos. 32-35 Seater New Buses for Sri Lanka Transport Board (SLTB).
SL raises Rs 98 billion in maiden T-bill auction in 2023 amidst yields slide
The Treasury bill yields continued their weeks-long descent to usher in the new year at the first weekly bill auction held yesterday for 2023...
UN FAO to improve SL fisheries sector reducing post-harvest loss.
Together with its partners, UN FAO in Sri Lanka is addressing urgent food security needs, while improving the capacity of the fisheries and agriculture sectors to support Sri Lanka’s journey to becoming a food-secure nation.