Business

A four-day work week will be introduced. The remaining three days are holidays

Anton Marcus, Joint Secretary of the Free Trade Zones and Public Employees Union, says that the government is preparing to remove the current 5-day work week and introduce a 4-day work week. He said that under that system, the government has proposed to turn the auther 3 days into unpaid holidays. He said that it …

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Expatriate workers sent $1.8 billion in the first four months of this year

Labor and Foreign Employment Minister Manusha Nanayakkara states that the amount of remittances sent by expatriate workers to Sri Lanka has exceeded 1.8 billion US dollars in the first four months of this year. In a Twitter message, it was mentioned that in the first four months of this year, expatriate workers sent 1867.2 million …

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Milk powder price reduce from May 15

Trade Minister Nalin Fernando says that it was possible to reach an effective agreement during the discussion with the milk powder importers. Accordingly, effective from May 15 . Accordingly, they agreed to reduce the price of a kilogram of imported milk powder by 200 rupees, the minister added.

Discussions begin between IMF representatives and central bank officials

The official talks between the delegation of the International Monetary Fund and the Sri Lankan authorities are scheduled to begin today (12). It is stated that Finance Ministry officials and Central Bank officials are going to be contacted for the first discussion. It is stated that the delegation of the International Monetary Fund is visiting …

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The motion to expel Janaka Ratnayake will be debated on the 24th

It has been decided to debate the proposal to remove Public Utilities Commission Chairman Janaka Ratnayake from that position on the 24th. It is reported that this decision was taken in the Committee on Parliamentary Affairs held today Minister of power and energy Kanchana Wijesekera also submitted a report to Parliament yesterday (09) regarding the …

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Petrol three-wheelers convert electric

The Motor Transport Commission says that a project to convert petrol three-wheelers into electric three-wheelers will start from tomorrow. Commissioner Nishantha Weerasinghe mentioned that under the first phase, 300 petrol three-wheelers are to be converted into electric three-wheelers.