The Colombo Tea auction saw a greater degree of market stability following the Iran-Israel ceasefire, Forbes and Walker market report stated.
Auction volumes continued to be maintained around 6 + million kg. High Growns improved in prices while liquoring teas gained sharply. Plainer poor leaf teas remained weak, particularly the BOPs. Most categories of large leaf teas were firm to dearer and there was strong demand at the lower end. (SD)
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
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.
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