Exclusive articles:
CPC to take stern action on filling stations disregarding guidelines
The Ceylon Petroleum Corporation has been given directives to take appropriate management decisions and distribution decisions on the filling stations
Relaxation of open account ban on imports averts essential food crisis
The reversal of the decision of the Central Bank on the directions of Governor Dr NandalaL Weerasinghe to ban imports on open account transactions
Government resorts to domestic debt restructuring surgery
Sri Lanka Government is now resorting to restructure domestic debt to overcome fiscal and economic stress
CEB compels to re-impose 12 hour power cut due to dwindling coal stocks
Ceylon Electricity Board is compelled to re-introduce record nationwide 12-hour daily power cuts as it ran out of coal stocks to run Norochcholai coal power plant on top of a severe shortage of fuel affecting thermal power generation.
FTZ industrialists highly worried over ‘unreasonable’ power tariff hike
The Free Trade Zone Manufacturers Association (FTZMA) has expressed serious concern over the recent hike in power tariff as “unreasonable”