BIZ

Jio, Gortune shortlisted for SLT divestiture

Published

3 months ago

January 31, 2024

nipuni

The Special Cabinet Appointed Negotiating Committee (SpCANC) has shortlisted two bidders from three for the divestiture of Sri Lanka Telecom.

The two pre-qualified bidders from the Request for Proposal (RFP) stage are Jio Platforms Ltd of India and Gortune International Investment Holding Ltd of Amsterdam made up of private Chinese investors.

State and Enterprise Restructuring Unit in a release indicated that Pettigo Comercio International LDA linked to the Lycamobile group have not qualified to make it to the RFQ stage.

The International Finance Corporation acts as the Transaction Advisor for the divestiture of shares held by GOSL in Sri Lanka Telecom PLC.

(dailynews.lk)

BIZ

Kottu, Fried Rice prices reduced

Published

3 days ago

May 3, 2024

nipuni

The All Ceylon Restaurant Owners’ Association has decided to reduce prices of several food items, following the reduction in gas prices that was announced earlier today (May 03).

Accordingly, the Association announced that the prices of Fried Rice and Koththu will be reduced by Rs. 20 while prices of shorteats will be reduced by Rs. 10.

However, prices of plain tea and milk tea are to remain unchanged, the Association adds.

BIZ

Laugfs Gas also slashes prices

Published

3 days 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

3 days 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.