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Sri Lanka has raised 600 million rupees in through the sales of 15 May 2030 bonds from a post-auction direct sales (tap) up to the settlement day at 10.23 percent, the debt office said.
Sri Lanka's cabinet of ministers had cleared changes hike fines 40 fold as a price control agency triggered shortages in milk power from which an autarky tax was lifted while shortages persist in cooking gas.
Thursday July 29, 2021 10:50 am Thursday July 29, 2021 10:50 am ECONOMYNEXT – Engineers of Sri Lanka’s state-run Ceylon Electricity Board have raised concerns over how competitive procurement for a floating LNG terminal and pipeline was undermined by an unsolicited deal with a US company. The CEB floated tenders for a floating storage degasification unit on a 10-year build operate own basis and a separate pipeline was also tendered on a build operate transfer basis. An announcement was then made that a ‘framework agreement’ had been signed to sell state shares in an existing combin...