Government commences purchasing paddy in Maha season

The Government, in line with the President’s Visions of Prosperity policy has already commenced purchasing paddy at a minimum guaranteed price of Rs. 50 per one kilogram under the government’s program to purchase the paddy harvest in Maha season 2019/2020.



Fuel prices: No changes

Despite the price of crude oil falling in the world market, local fuel prices will remain unchanged, the Ministry of Petroleum Resources Development stated.



SriLankan praises valiant efforts of its staff

SriLankan Airlines thanked their pilots and staff who volunteered to operate the charter flight yesterday (31) that repatriated the 33 Sri Lankan students and their families that were trapped in Wuhan which is considered to be the epicentre of the coronavirus.












Central Bank reduces its policy interest rates

The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 29th January 2020, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 50 basis points to 6.50 per cent and 7.50 per cent, respectively.