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3 members of PUCSL rejects chairman’s proposal of 36% electricity tariff hike

Three members of the Public Utility Commission have rejected the proposal of PUCSL chairman’s proposal of 36 precent electricity tariff hike to ease the difficulty of consumers in paying exorbitant price for a unit of electricity.

PUCSL’s stance on electricity tariff revision pushes the country into dark abyss

Sri Lanka’s 60 -65% electricity tariff hike once in two months in accordance with IMF dictated power pricing formula is set to create another energy crisis with long hour power cuts as a result of the clash between the power and energy ministry and the public utilities commission headed by Janaka Ratnayake,official sources said.

State-owned SriLankan Airlines defaults on US $175m bond

SriLankan Airlines has defaulted on its US $175 million bond, having failed to amend the terms of the debt amid the worst economic crisis to engulf the country in its independent history.

ILO steps into assist vulnerable ble community in the North

The International Labour Organisation (ILO) has come forward in supporting 3,725 vulnerable women and men in the Mannar, Kilinochchi, Vavuniya and Mullaitivu districts to earn an income as well as sustain their livelihood through several short-term relief mechanisms.

Chinese travelers in two minds for tours in Sri Lanka

Even in the aftermath of Covid -19 infections in China, Sri Lanka is yet to prepare for possible arrival of tourists from Beijing, which relaxed Covid-19 travel measures last month, officials said.

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Showers Expected in Several Parts of Sri Lanka as Cyclone Arnab Makes Landfall in India

The very severe cyclonic storm “Arnab,” which was located...

Treasury and Postal Dept Cyber Scams Deepens Crisis, Taxpayers Face another Bill

Treasury and Postal Dept Cyber Scams Deepens Crisis, Taxpayers Face another Bill

Former President RW Warns Sri Lanka Risks Irrelevance without Tech Reforms

Former President RW Warns Sri Lanka Risks Irrelevance without Tech Reforms

CPC Losses Threaten Banks as Fuel Subsidies Drain State Finances

CPC Losses Threaten Banks as Fuel Subsidies Drain State Finances
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