The Colombo Tea Auction had on offer this week a total of 6 million kg of tea which was the highest in five months, the Forbes and Walker tea market report stated.
There was weak market sentiment which continued amidst a selection of well-made /good quality teas continuing to realise a premium price.
The amount of unsold volumes remained high this week as well, the report stated.
The market weakened at the lower end as well perhaps in the backdrop of increased availability. (SD)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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