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Lanka Sathosa further slashes prices

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Lanka Sathosa has further reduced the prices of several essential goods with effect from Thursday (9).

The price reductions are as follows :

  • 1kg of Watana has been reduced of Rs. 10/- to Rs. 305/-.
  • 1kg of Red Kekulu Rice has been reduced by Rs. 5/- to Rs. 164/-.
  • 1kg of imported White Kekulu Rice has been reduced by Rs. 5/- to Rs. 179/-.
  • 1kg of local White Nadu rice has been reduced by Rs. 4/- to Rs. 180/-.

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Australia’s United Petroleum enters SL market

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Australia’s United Petroleum has entered into an agreement with the Sri Lankan government to supply petroleum products to the Sri Lankan market.

According to United Petroleum Lanka, Australia’s United Petroleum entered into the relevant agreement with Sri Lanka’s Ministry of Power and Energy on Feb 22.

Following the signing of the agreement, United Petroleum is assigned 150 existing fuel stations and also has the right to build 50 new fuel stations in Sri Lanka.

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4 SriLankan Airlines flights experience delays

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This morning, four SriLankan Airlines flights experienced delays as ground staff refrained from performing some of their duties, according to reports.

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SDB CEO announces resignation

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Sanasa Development Bank CEO Priyantha Talwatte has announced his resignation with effect from Feb. 20.

In a filing to the Colombo Stock Exchange, the SDB has said the Board accepted his resignation.

Talwatte joined SDB bank in November 2022 after resigning from Nations Trust Bank in April 2022 having served the institution for two decades.

Commanding over 30 years’ experience in banking Talwatte is an alumnus of Harvard Business School (AMP) Boston, USA.

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