BIZ

Court summons Raigam Chairman Ravi Liyanage!

Published

1 year ago

December 23, 2022

editor

The Chairman and Chief Executive Officer of Raigam Wayamba Salterns Plc Company, Dr. Ravindranath (Ravi) Liyanage, has been ordered to appear in the Colombo High Court on April 26 in connection with the production and distribution of “Raigam Isi” salt, which allegedly contains less than the standard amount of iodine.

The other directors of the company, Krishan Rohana Theodore, Ghanaka Amarasinghe, Swarna Mangalika Dharmajeewa, Geetha Preethi Padmakeerthi and Makewita Udeni Nadeeka Perera have also been summoned to appear in the court on the same day.

The case has been filed by Gothatuwa Public Health Investigator P.A.A. Kasun.

It is mandatory to have between 15 and 30 grams of iodine per kilogram of salt consumed, and it is said that the quantity of iodine in “Raigam Isi” salt is less than 15 grams.

BIZ

Imported milk powder prices slashed

Published

12 hours ago

April 24, 2024

editor

The price of imported milk powder will be reduced with effect from tomorrow (April 25), the Milk Powder Importers’ Association states.

Accordingly, the price of a 01 kg pack will drop by Rs. 250 – Rs. 300 while the price of 400g pack will be slashed by Rs. 100ත් – Rs. 130.

BIZ

CBSL names 8 more companies conducting prohibited schemes

Published

3 days ago

April 22, 2024

editor

The Central Bank of Sri Lanka has named 08 more entities that conduct and/or have conducted prohibited schemes.

“Participating in Pyramid Schemes is a Punishable Offence” Central Bank said in a notice to general public.

The named entities are :
1. Beecoin App/Sunbird Foundation
2. Fast Win (Pvt) Ltd
3. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
4. Genesis Business School/ Era Miracle (Pvt) Ltd
5. Isimaga International (Pvt) Ltd
6. Ledger Block
7. Qnet/Questnet
8. Ride to Three Freedom (Pvt) Ltd

BIZ

6 RfQs received to acquire SriLankan shares

Published

3 days ago

April 22, 2024

editor

Sri Lanka’s State-Owned Enterprise Restructuring Unit (SOERU) announces that 06 Request For Qualifications (RfQ) were received for the acquisition of shares of SriLankan Airlines.
These RfQs were received from :