Token system out, fuel only for ‘essentials’

June 28, 2022 by News Admin No Comments

Cabinet decides to issue diesel and petrol only for essential services
Kanchana’s plan to issue tokens for fuel distribution stillborn
Despite Minister of Power and Energy Kanchana Wijesekera announci Read More »

Power cuts for two more years, at least three hours until Dec.

June 28, 2022 by News Admin No Comments

PUCSL Chair says only three-hour power cuts until December if fuel supply to CEB steady

The Public Utilities Commission of Sri Lanka (PUCSL) said yesterday (27) that power cuts will continue for at l Read More »

Ecuador recommended Hogan Lovells to GoSL for debt restructuring

June 26, 2022 by News Admin No Comments

Ecuador’s former Minister of Economy and Finance Richard Martínez wrote to Sri Lanka’s Cabinet of Ministers about three weeks after the country’s announcement of debt default and intention to restruct Read More »

Counterfeit liquor with fake stickers mushroom in market

June 26, 2022 by News Admin No Comments

The foolproof liquor sticker system that was recently introduced by the Excise Department for liquor products to curb mushrooming illicit liquor production is being misused by certain groups to evade Read More »

CSE Highs and Lows

June 26, 2022 by News Admin No Comments

While trading in the bourse continued to be lacklustre during the preceding week, the market was able to record slight gains, following weeks of bloodletting. However, such gains weren’t viewed with m Read More »

Pandora Papers report delayed without cause

June 26, 2022 by News Admin No Comments

The handing over of the report by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) regarding the allegations against Nirupama Rajapaksa and her husband Thirukumar Nadesan, w Read More »

Hamilton an opportunistic speculator or an aggrieved creditor?

June 26, 2022 by News Admin No Comments

On 12 April 2022, Sri Lanka admitted defeat in its fight to maintain its unblemished record of foreign debt serving since independence. With that admission, the Ministry of Finance and Central Bank of Read More »

Fewer apparel orders than anticipated

June 26, 2022 by News Admin No Comments

Amidst internal and external volatilities, export orders received by Sri Lanka’s apparel sector appear to be less than initially anticipated, according to the Joint Apparel Association Forum Read More »

Social Security Tax to further increase food inflation

June 26, 2022 by News Admin No Comments

Retailers warn that the imposition of the new 2.5% Social Security Contribution Tax could negatively affect the prices of staple products, thereby aggravating the inflationary pressures on the public. Read More »

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Posts by newsadmin:

Token system out, fuel only for ‘essentials’

Power cuts for two more years, at least three hours until Dec.

Ecuador recommended Hogan Lovells to GoSL for debt restructuring

Counterfeit liquor with fake stickers mushroom in market

CSE Highs and Lows

Pandora Papers report delayed without cause

Hamilton an opportunistic speculator or an aggrieved creditor?

Fewer apparel orders than anticipated

Social Security Tax to further increase food inflation