Business

A loss of 500 billion rupees per year due to non-development of the transport sector

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Gemunu Wijeratne, President of Ceylon Private Bus Owners’ Association, said that the government is losing 500 billion rupees every year due to the lack of development of the public transport sector including railways. Addressing a press conference, he said that this loss was discovered after a survey he conducted taking into account three-wheelers, public and …

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Ceypetco revises fuel prices. Octane 92 petrol price will be reduced

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Ceylon Petroleum Statutory Corporation has revised the price of fuel sold at its filling stations with effect from midnight today (31). Accordingly, the price of Octane 92 petrol has been increased by Rs 9 per liter and the price of other fuels has been increased. Accordingly changed prices and new prices are below. Cheaper types …

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This year’s budget is designed to please the IMF.

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The 2024 budget is completely based on the IMF proposals, says National People’s Power Member of Parliament Vijitha Herath. He mentioned that the government is currently planning to impose new taxes such as wealth tax and inheritance tax from January 2024 on the advice of the IMF. He mentioned this while addressing the Patadumbara Election …

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Licenses of 20 nurseries that produced substandard tea plants will be revoked

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The Minister of Agriculture and Plantation Industries Mahinda Amaraweera said that the lack of high quality tea plants has a severe impact on the yield of tea plantations, and that low-quality tea plants have also led to the development of diseases such as nematodes in tea plantations. The minister gave further information and said that …

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COPA committee approves two cryptocurrency hubs in port city

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The Port City Commission has informed the Parliamentary Committee on Government Finance that it has given permission to operate two cryptocurrency exchange centers in the port city of Colombo. When the Finance Committee met recently, the officials of the City Commission informed this. The Finance Committee had recommended to ask the Central Bank’s opinion about …

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Ten crore worth paddy went missing from five warehouses of P.M.B

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Agriculture Minister Mahinda Amaraweera has instructed the President of the Paddy Marketing Board, lawyer Buddhika Iddamalgoda, to submit a report within 03 days regarding the disappearance of paddy stocks from 05 warehouses belonging to the Paddy Marketing Board. A group of employees of the Paddy Marketing Board had complained to the Minister of Agriculture that …

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The noise coming from the ground in Kothmala can be a big disaster in the future. – A group of scientists say.

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An investigation team headed by the former Vice-Chancellor Emeritus Professor Atula Senaratne of Peradeniya University says that the mysterious sound emanating from the stadium in Heduneu wewa area of Kotmale is due to an internal flood. The professor said that since the area used to have a lake, there is an underground water seepage, which …

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The rubber bullet lie of wildlife is exposed. Lead balls were found in Sita’s body

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It is reported that an iron ball and several pieces of lead were found during the second surgery performed on Sita elephant, who was shot by a civil defense soldier in Mahiyangana. These pieces of lead were found during a 4-hour surgery today. Specialist Dr. Dangolla said that the operation was performed in accordance with …

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There is no danger of ‘nipa’ for Sri Lanka

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Director General of Health Services, Dr. Asela Gunawardena, said that there was a tendency for the “Nipa” virus to spread as an infection in several parts of the Indian state of Kerala, but it has no effect on the country. He said this while addressing a press conference held yesterday afternoon (21) to inform people …

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