More Dollar restrictions on its way
The Central Bank of Sri Lanka (CBSL) has announced that provisions will be introduced shortly on the legal limit of foreign currency permitted to be held by a Sri Lankan resident. Accordingly, foreign currency a Sri Lankan citizen can hold…
Power cut schedule for 19th to 20th
The Public Utilities Commission of Sri Lanka (PUCSL) has approved power cuts for a duration of 03 hours and 40 minutes. These extended power cuts will be imposed from 19th until the 21st of May 2022. The power cuts will…
Update on availability of Gas
The public is not requested to stand in queues as Litro gas cylinder distribution will be delayed. The shipment of LP gas has not been unloaded due to yesterday’s bad weather. Source – NewsWire
SLIM calls authorities to exercise utmost care during the nation’s critical hour
Sri Lanka Institute of Marketing (SLIM) believes that sudden eruption of violence witnessed at the beginning of the week that changed the nature of peaceful protests, could tarnish the long held reputation of Sri Lanka as a liberal market country…
Amana Takaful Insurance 23%ක ආදායම් වර්ධනයක් සහ සමූහ ආයතන ලාභයේ 13%ක වැඩි වීමක් සමගින් සිය 2021 වසර අවසන් කරයි
Amana Takaful PLC (ATI) පවතින වසංගතය හමුවේ වුවද 2021 වසර අවසානයේ සිය විකුණුම් ආදායමේ සැලකිය යුතු 23% ක වර්ධනයක් සමඟ අනෙකුත් විස්තීරණ ආදායමට පෙර සමූහ ශුද්ධ ලාභයේ 13% ක වැඩිවීමක් ලබා ගැනීමට සමත්වී ඇත. Amana Takaful Insurance හි කළමනාකාර අධ්යක්ෂ…
New initiative to provide to low priced rice
The Government has decided to distribute the stocks of imported rice to private supermarket chains as well, Minister of Trade and Samurdhi Development Shehan Semasignhe said. The decision to provide imported rice stocks which were only available through Sathosa outlets…
New gazette issued by Consumer Affairs Authority
A gazette notification has been announced by the Consumer Affairs Authority making it mandatory for all manufacturers, producers, store owners and traders to possess a receipt or invoice for good in their possession including the name, address of supplier, purchased…
Update on Litro gas prices
The price of a 12.5kg Litro domestic gas cylinder will be increased from midnight today. The new price of a 12.5kg gas cylinder will be Rs. 4860. Litro gas company stressed that the cost of a gas cylinder is Rs…
US Dollar further increases in local banks
Several licensed commercial banks have listed the selling rate of US Dollar at Rs. 345. The Sri Lankan rupee continues to further depreciate against the US Dollar and other foreign currencies.
India to provide US$ 500 million for fuel
India has agreed to provide Sri Lanka an additional US$ 500 million as financial assistance to purchase fuel. Sri Lanka earlier obtained a credit line from India which was allocated to buy various types of fuel due to dollar crisis….