BIZ

Urea price to drop in mid June

Published

11 months ago

May 31, 2023

editor

The price of Urea fertilizer is to be reduced.

According to Minister of Agriculture Mahinda Amaraweera, the price of a 50kg Urea fertilizer bag sold to farmers by the two state-owned fertilizer companies will be priced at Rs. 9,000 from June 15.

“A bag of urea is sold by the private sector at Rs. 42,000 during the last yala season, has now been brought down by the private sector to Rs. 11,000. The reason for this was that the government took steps to provide a bag of urea to the farmers at a minimum price of Rs. 10,000,” the minister said.

BIZ

Laugfs Gas also slashes prices

Published

1 hour ago

May 3, 2024

nipuni

Laugfs Gas has also reduced its LP gas prices with effect from midnight today (May 03) following the price reduction by Litro Gas.

Accordingly, the price of a 12.5kg cylinder has been reduced by Rs.275 to Rs. 3,840 while the the price of a 5kg cylinder has been reduced by Rs.110 to Rs.1,542.

BIZ

Litro gas prices reduced

Published

2 hours ago

May 3, 2024

nipuni

Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.

BIZ

CBSL updates pyramid scheme entity list

Published

2 hours ago

May 3, 2024

nipuni

The CID has yesterday (02) informed the Colombo Chief Magistrate that the Central Bank of Sri Lanka (CBSL) has banned 04 entities as entities that have conducted prohibited pyramid schemes.
The entities mentioned in court are : Beecoin App/Sunbird Foundation, Fast Win (Pvt) Ltd, Fruugo Online App/ Fruugo Online (Pvt) Ltd Genesis Business School/ Era Miracle (Pvt) Ltd.

In a recent public release, the CBSL previously named 08 entities including the 04 aforementioned ones, as ones that conduct / conducted prohibited pyramid schemes.

Since then, they have added the entity- Windex Trading to the list.