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BUSINESS

Bus fares to be increased?

Lanka Private Bus Owners’ Association (LPBOA) says that bus fares will be increased in line with the increase in fuel prices. LPBOA President Gemunu Wijeratne said that the association will convene a meeting today (11) to discuss and decide on the fares to be increased. Meanwhile three-wheeler drivers’ associations decided …

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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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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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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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Sri Lanka rupee steady

The Sri Lanka rupee ended steady against the US dollar on Tuesday while gilt yields continued to increase and stocks closed 0.33 percent lower amidst foreign buying in Ceylon Cold Stores, dealers and brokers said. The rupee closed slightly weaker at 57.60/80 rupees against the US dollar in the spot …

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Land Rover marks its 70th anniversary

Land Rover marked its 70th anniversary with a global broadcast celebrating the world’s favourite 4x4s and the people who love them. Starring the cars and the people who make and drive them, the online programme paid tribute to seven decades of adventure, humanitarian aid and hard work across classes and …

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CEB to strike ?

The Ceylon Electricity Board Engineers’ Union (CEBEU) will commence a countrywide work-to-rule campaign and a non-cooperation action tomorrow (08), demanding the removal of Director General of the Public Utilities Commission of Sri Lanka (PUCSL), Damitha Kumarasinghe and the implementation of the 2018-2037 Least Cost Long Term Generation Plan (LCLTGPL).   …

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