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CPC to take over filling stations with less than 50% reserves

Published

2 months ago

on

July 17, 2023

By

editor

It has been made mandatory for all filling stations belonging to the Ceylon Petroleum Corporation (CPC) to maintain a minimum fuel reserve of 50 percent.

CPC Managing Director Admiral Ravindra C Wijegunaratne said that the filling stations that fail to comply with this requirement will be taken under the CPC management.

He said that letters have been sent to 770 filling stations informing this regulation.

Accordingly, a filling station in Rajagiriya that failed to adhere to these regulations has now been taken under the CPC management.

Admiral Wijegunaratne said that a filling station in Karainagar, Jaffna will also be taken over by the CPC.

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BIZ

Colombo International Book Fair 2023 kicks off

Published

1 day ago

on

September 22, 2023

By

editor

Sri Lanka’s largest book exhibition, ‘Colombo International Book Fair’, commenced today (22) at the Bandaranaike Memorial International Conference Hall (BMICH).

The book fair organised by the Sri Lanka Book Publishers’ Association will be held until October 1 from 9.00 am – 9.00 pm.

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BIZ

Import tax on powdered milk increased

Published

1 day ago

on

September 22, 2023

By

editor

Port and Airport Levy (PAL) on imported milk powder has been increased by 10%, says Trade Minister Nalin Fernando.

The tax increase comes into effect today (Sept. 22).

However, the prices of powdered milk in the local market will not be increased following the PAL hike, the Minister has assured.

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BIZ

Price of chicken reduced from midnight today

Published

2 days ago

on

September 21, 2023

By

editor

Local poultry producers have agreed to reduce the price of chicken by Rs. 100 per kilogram, with effect from midnight today (Sep. 21).

The agreement was reached following a discussion with the Minister of Trade, Commerce and Food Security, Nalin Fernando, this afternoon.

Accordingly, a kilogram of chicken will now be sold at Rs. 1,150.

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