BUSINESS

SL Regional Plantation Companies support national efforts to enhance food security

Sri Lanka’s Regional Plantation Companies (RPCs) added their support to national efforts aimed at enhancing food security, with the launch of a new campaign to boost cultivation on RPC lands, while providing crucial assistance to their employees in mitigating the impact of increasing food prices.

CPC to pay dealer commission only on restricted prices

The Ceylon Petroleum Corporation (CPC) will reinstate its 2018 policy of paying commission to Corporation Owned (CoDo) and Dealer Owned (DoDo) dealers only on cap prices of Rs. 162 per litre on Petrol 92 with immediate effect.

India plans to fix SL economic crisis by long-term investments

After helping Sri Lanka with an unprecedented assistance of around $4 billion since January as the country plunged into a deep economic crisis, India is now planning to invest heavily in newer sectors through both private and public firms there to tackle socio- economic issues , Indian high commissioner to Sri Lanka Gopal Baglay disclosed. .

Acuity Knowledge Partners expands work force in Sri Lanka

Amidst the economic challenges which Sri Lanka continues to grapple with Acuity Knowledge Partners (Acuity), a leading provider of bespoke research, analytics and technology solutions to the financial services sector, is announcing plans to expand its workforce in the country and to enhance healthcare and remuneration benefits to its employees based in Colombo.

Airlines to pull out from Sri Lanka due to jet fuel shortage

Several airlines are contemplating on suspending their operations to Sri Lanka threatening tourism industry’s recovery, which depends on air connectivity as no credible solution to resolve the jet fuel shortage and the fund repatriation issues faced by the country’s aviation industry.

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