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Daily Archives: May 10, 2018

Fuel price revision every 2 months

Fuel prices will be revised every two months under the new pricing formula which has been approved by the Cabinet, Finance Minister Mangala Samaraweera said. He stated that the prices could either increase or decrease in the price revision. The minister announced this during a press briefing in Colombo today …

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Arjun Aloysius and Kasun Palisena further remanded

The owner of Perpetual Treasuries Limited (PTL) Arjun Aloysius and CEO Kasun Palisena have been further remanded until May 14 by the Colomb0 Fort Magistrate’s Court. Meanwhile the Chief Executive Officer (CEO) of W.M. Mendis & Company Limited to provide detailed reports of the financial transactions made with Perpetual Treasuries …

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Fuel price hike

The prices of fuel will be increased with effect from midnight today, Cabinet Spokesman Minister Rajitha Senaratne said a short while ago. Accordingly, prices of fuel per litre will be as follows, Petrol (Octane 92) – Rs. 138 Petrol (Octane 95) – Rs. 148 Auto Diesel – Rs. 109 Super …

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Cabinet approves lifting glyphosate ban for 36 months

Cabinet of Ministers yesterday approved a proposal presented by President Maithripala Sirisena to lift the ban on the glyphosate weedicide only for tea and rubber industries for a period of 36 months. Considering the adverse impact on the plantation sector in Sri Lanka resulted due to the decision taken by …

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CID summons BBC journalist over tweet

BBC journalist Azzam Ameen has been asked to report to the Cyber Crimes unit of the Criminal Investigation Division (CID) this morning (10) so that a statement could be recorded from him. It was reported that the BBC journalist was summoned over a tweet made by the President’s Media Division’s …

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Special commodity levy on dhal increased

The Special commodity levy on imported split Dhal would be increased with effect from midnight today, the Finance Ministry said. Accordingly, the Special commodity levy on kilo of whole dhal will be increased by Rs. 1 from Rs. 6 to Rs. 7 while for a kilo of split dhal, the …

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Special Judicature Bill passed in Parliament

The parliament  passed a bill that would set up special high courts paving the way to expedite trials of large-scale crimes and bribery and corruption cases. The “Judicature (Amendment)” Bill aimed for the establishment of a three-member High Court to hear large-scale crimes and bribery and corruption cases was passed …

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