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US $ 13 b retail industry calls for rapid remedy for forex crisis
The retail industry which constitutes 23% of the country’s GDP has been hit hard by the ongoing forex crisis and it urged the Government to...
The court rejects the request made by Champika’s lawyers to adjourn the case
The Colombo High Court yesterday (18) rejected a request made by the lawyers of the accused Patali Champika Ranawaka to adjourn the hearing of...
Laugfs Gas seeks support from Central Bank to procure LPG shipments
The Central Bank (CB) is to instruct State-owned banks to extend letter of credit (LC) facilities to Laugfs Gas PLC, which is struggling to...
Australia to assist Sri Lanka in developing a comprehensive national maritime disaster preparedness mechanism
The Ocean Affairs, Environment & Climate Change Division of the Foreign Ministry, together with the High Commission of Australia to Sri Lanka and the...
I am not even sure for how long the CPC will be able to continue trading fuel in this manner – Gammanpila
Udaya Gammanpila, Minister of Energy says that he is not even sure how long the CPC will be able to continue trading in this...