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Liquor license for 300 Sathosa outlets!

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The Excise Department has made arrangements to issue liquor sales licenses to 300 Sathosa outlets across the country.

Accordingly, arrangements are currently being made for the immediate issuance of liquor licenses to all Sathosa outlets that have met Excise Notification 902 requirements.

However, it was reported that complications have arisen in issuing licenses since some Sathosa outlets have not met the basic requirements and due to public protests.

Internal sources of the Excise Department said that attention has been paid to issuing these licenses to certain Sathosa outlets that have not met all the requirements.

Once the Excise Commissioner General approves relevant licenses, steps will be taken to open liquor sales counters at Sathosa outlets.

So far, the Excise Department has issued about 6,000 liquor licenses throughout the country.

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Trishaw fares revised

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Three-wheeler fares have been revised as of today (Oct. 09).

According to Mr. Jeewinda Keerthiratne, who heads the three wheel bureau of the Road Passenger Transport Authority, the first kilometer remains at Rs. 100 while the second kilometer will be Rs. 85.

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Egg prices spike again

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Egg prices have upped again after the recent price drop.

The price of an egg was seen reduced to Rs. 30 in local markets recently but had spiked to over Rs. 40 this week.

Chairman of Sri Lanka Livestock Producers Association – Ajith Gunasekara stated that several factors have impacted the relevant price hike.

Speaking at yesterday’s Cabinet briefing, Cabinet spokesman – Minister Vijitha Herath said that they are looking to stabilize the prices of chicken feed which will in return control egg prices.

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Prof. Hareendra Dissabandara returns as SEC Chairman

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Senior Professor Hareendra Dissabandara has been appointed as the new Chairman of the Securities and Exchange Commission of Sri Lanka (SEC).

He had previously served as SEC Director General from 2012-2013 as well as its Director of Financial Services Academy and Capital Market Education and Training Division from 2008-2012.

Dissabandara is a Senior Professor of Finance and Corporate Governance in the Department of Finance of the Faculty of Management Studies and Commerce at the University of Sri Jayewardenepura.

Prof. Dissabandara takes over from Faizal Salieh, who was appointed to the post by former President Ranil Wickremesinghe in 2023 February.

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