BIZ

2 cabinet decisions on SriLankan airlines

Published

2 years ago

May 9, 2023

editor

Two cabinet decisions have been taken with regard to the national carrier – SriLankan Airlines.

The relevant cabinet decisions are as follows :

Awarding the contract of repairing CFM Leap-1A category aircraft engines of Sri Lankan Airlines
Detailed proposals have been called under limited international competitive bidding system from qualified suppliers for maintenance services for 03 CFM Leap-1A category aircrafts of Sri Lankan Airlines and 03 proposals have been received. Accordingly, the Cabinet of Ministers granted approval to the proposal furnished by the Minister of Ports, Shipping and Aviation for awarding the contract of repairing 03 CFM Leap-1A category aircrafts of Sri Lankan Airlines to Lufthansa Technik AG as per the recommendation of the Standing Procurement Committee appointed by the Cabinet of Ministers.

Awarding the contract of supplying fuel required for air crafts of Sri Lankan Airlines at 16 airports worldwide.
International bids as per limited international bidding system have been invited for supplying fuel required for air crafts of Sri Lankan Airlines at 17 airports. Fifty – two (52) bids have been received from 12 companies for this while 49 bids have accomplished fundamental qualifications. The bid of the only bidder submitted bids for Shanghai Pudong International Airport has been rejected. The Cabinet of Ministers granted approval as per the recommendation of the Cabinet Appointed Standing Procurement Committee, for the proposal submitted by the Minister of Ports, Shipping and Aviation to award the relevant contract to bidders submitted the minimum prices that has been substantially responded for supplying fuel in 16 airports.

BIZ

“Raja Lunu” to hit the market soon

Published

5 hours ago

March 20, 2025

editor

The National Salt Limited has announced plans to release a new brand of table salt under the government label, named “Raja Lunu,” to the local market in the near future.

This launch coincides with the formal transfer of the Alimankada Salt Factory to public ownership on the 29th of this month.

Chairman of National Salt Limited, Mr. Gayan Wellala, stated that the factory will produce and distribute “Raja Lunu” salt at an affordable price, aiming to offer a quality product at a concessionary rate.

BIZ

CAA confiscates Keeri Samba stocks worth over Rs. 3.8 mn.

Published

18 hours ago

March 19, 2025

editor

The Consumer Affairs Authority (CAA) has confiscated a stock of Keeri Samba rice worth over Rs. 3.8 million.

The stocks were officially seized today (March 18) following a legal case against two shop officials in Colombo 12.

On February 11, the Colombo Chief Magistrate’s Court (No. 5) fined shop owner Abdul Jabbar Mohamed Siyas and manager Kuruppan Murugayya Rs. 10,000 and Rs. 20,000, respectively, after they pleaded guilty to hoarding rice.

The case was filed after a raid conducted by the CAA revealed that the shop falsely claimed to be out of Kiri Samba rice, despite hiding 3,000 five-kilogram packs on the premises.

Under the Consumer Affairs Authority Act, when a retailer is found guilty of falsely declaring goods unavailable, the court has the authority to confiscate the stock.

BIZ

Delegation of Indian automobile manufacturer visits SL

Published

24 hours ago

March 19, 2025

editor

A 18-member delegation from the Society of Indian Automobile Manufacturers (SIAM) visited Sri Lanka from March 17 – 18, 2025.

The delegation included representatives from leading Indian vehicle manufacturers across all segments, including commercial vehicles, passenger vehicles, two-wheelers, and three-wheelers.

During the visit, the delegation called on Minister of Industry and Entrepreneurship Development, Hon. Sunil Handunneththi, and Deputy Minister of Industry and Entrepreneurship Development – Chathuranga Abeysinghe.

In addition, they held meetings with senior officials from the Ministry of Finance, Board of Investment of Sri Lanka, and with the members of Ceylon Motor Traders Association.
The delegation also met Deputy High Commissioner of India, Dr. Satyanjal Pandey, and apprised him on the operations of Indian automobile companies in Sri Lanka.

This visit further strengthens the economic partnership between India and Sri Lanka, fostering collaboration and development in the automobile industry.