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Monitoring committee to regulate Samurdhi Bank

It has been proposed to appoint a Monitoring Committee comprising representatives of the Central Bank of Sri Lanka, Ministry of Finance and Ministry of National Policies and Economic Affairs to regulate the Samurdhi Banks. Governor of the Central Bank Dr. Indrajit Coomaraswamy at a media briefing on Friday (11) stated …

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CB won’t bring Samurdhi Bank under it

Deputy Governor of the Central Bank of Sri Lanka K.D. Ranasinghe yesterday. said that the Samurdhi Bank wouldn’t be brought under the Central Bank.   Ranasinghe said that the CBSL would assist Samurdhi bank to further improve its supervision. Ranasinghe said so at the media conference at the CBSL chaired …

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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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