Day: October 10, 2018

Fuel prices increased again

The Ministry of Finance says that fuel prices have been increased with effect from midnight today (10), based on the new fuel pricing formula.

Government’s repeated mantra on corruption and ‘debt mountain’ scared away investors: Godahewa

The current government’s needlessly self-destructive overemphasis of corruption and the oft-repeated ‘debt mountain’ scared away foreign investors who lost faith in the country’s administrative and financial system, Dr Nalaka Godahewa, former chairman of the Securities Exchange Commission (SEC) told the media at the Patriotic Professionals’ press briefing held on Monday.

Fuel prices to increase with pricing formula

In accordance with the pricing formula activated by the Ministry of Finance, there is the possibility of the price of fuel being increased from today said the general secretary of the Ceylon Petroleum Corporation Trade Union D.J. Rajakaruna.

Sri Lankan Government the most successful in Asia – FM

The Sri Lankan government has been the most successful in Asia when it comes to managing the current currency depreciation crisis affecting countries in the region, Finance and Media Minister Mangala Samaraweera said yesterday.

9 killed reported, over 70,000 affected as heavy rains hit Sri Lanka

Nine deaths had been reported so far while 17 people had been injured and one reported missing due to the heavy rains lashing out across Sri Lanka since last weekend, the spokesperson for the Disaster Management Center (DMC), Pradeep Kodippili said in a latest update on Wednesday.