Auction volumes declined this week at the Colombo tea auction to 5 million kg but there was good general demand.
Select BOP/BOPF invoices appreciated by Rs.100 per kg plus for a useful selection of seasonal Westerns which were on offer.
The all-time record price of Rs.3050 per kg for a Western High Grown BOP was established by Somerset Estate.
The BOPF grade continued to secure a premium of Rs.200 per kg and above in most instances vis-à-vis the BOP grade.
Improved activity was seen from shippers to Iran that helped to stabilise Low Grown prices. (SD)
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Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
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