The Colombo Tea Auction this week has recorded a greater degree of stability in demand and prices amidst speculation of an Iran – Israeli ceasefire. The ceasefire occurred after the auction was held.
The Forbes and Walker tea market report stated that a select range of better Western BOP/BOPF’s appreciated by Rs.50 per kg.
There was slightly better activity for teas at the lower end of the liquoring category.
A general improvement in demand for large leaf teas was also evident at the auction this week. But unsold volumes continue to be high, the report stated. (SD)
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Villagers in Nirmalapura, Daluwa, Norochcholai today staged a protest over an incident where a group of Navy officials and sailors had assaulted a resident in the area over night, Police said.
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