Plots of land in the Colombo Port City have been allocated for foreign investors, but it is reported that only six plots have been acquired by the investors so far.  74 plots in the port city have been reserved for… Read More

With the shortage of wheat flour in the plantation areas, consumers have faced various difficulties as some traders have deliberately increased the prices of wheat flour and bread buns. Consumers say that some traders are selling wheat flour at a… Read More

The All Ceylon Bakeries Association states that if a solution is not given to the current shortage of wheat flour in the country, within a month, the bakery production including bread buns will be completely lost. Its chairman Mr NK… Read More

It is reported that 39 government institutions must be restructured to receive the first instalment of the loan given to Sri Lanka from the International Monetary Fund. Under this, the government institutions that are suffering losses are to be privatized… Read More

All the telephone companies in Sri Lanka have announced other new charges effective from tomorrow. The announcement regarding the increase in service charges and increase in taxes is as follows.

Mr. Milinda Moragoda, the High Commissioner of Sri Lanka in India, has expressed confidence to the Indian media that the loan grant from the International Monetary Fund is not huge, but based on the confirmation received from it, Sri Lanka… Read More

. The second reading of the budget presented to Parliament by President Ranil Wickremesinghe has been passed with a majority of 115 votes.  In the voting held today in Parliament, 120 votes were received in favor of it and 5… Read More

Litro Gas Company has decided to lower the gas price further. Accordingly, Lithro Gas Company Chairman Mr. Muditha Peiris stated that gas prices will be reduced from the fifth of September and the prices will be announced on that day.