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Major vehicle recall in SL over faulty airbags

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Three leading local car dealers have decided to recall a large number of vehicles over faulty airbags and for upgrades.

The Commissioner General of the Department of Motor Traffic Nishantha Anurudhdha Weerasinghe told News 1st that discussions are underway with all other dealers to rectify the faulty airbag issue.

Millions of vehicles ranging from a variety of makes and models across the world are being recalled due to faulty airbags made by a Japanese auto parts maker.

The Commissioner General of the Department of Motor Traffic Nishantha Anurudhdha Weerasinghe told News 1st that vehicles that fall under the recall category are currently in use in Sri Lanka.

He said that a special meeting will take place on Tuesday (14) with local car dealers to address the issue.

It has now been confirmed that vehicles with defective airbags that can increase the risk of injury, fail to protect occupants, or cause a driver to crash have been sold across the world, and these include Sedans and SUBs.

Although vehicles belonging to the relevant make and models have been recalled overseas to rectify the issue, in Sri Lanka, those vehicles continue to operate in the streets.

The Commissioner General of the Department of Motor Traffic Nishantha Anurudhdha Weerasinghe said that local vehicle importers have decided to recall 47 vehicle models with faulty airbags to rectify the issue.

These include the following:

  • Honda: 33 Models from 9 vehicle types
  • Mitsubishi: 8 Models from 3 vehicle types
  • Toyota: 6 Models

However, across the world, over 100 vehicle models have been recalled to rectify the airbag issue, and they include the following:

  • Mazda: 7 vehicle categories
  • Benz: 10 vehicle categories
  • Mitsubishi: 6 vehicle categories
  • Subaru: 5 vehicle categories
  • Toyota: 13 vehicle categories
  • Volkswagen: 7 vehicle categories
  • Audi: 19 vehicle categories
  • Lexus: 7 vehicle categories
  • Honda: 16 vehicle categories

In addition, vehicles belonging to 7 Honda categories have been classified as high risk.

(newsfirst.lk)

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Sinopec to commence work on refinery project by June

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Minister of Power and Energy – Kanchana Wijesekera has stated that officials of the Sinopec Overseas Investment Holding Pvt Ltd (SOIHL), led by their vice President, had visited the ministry yesterday (March 27).

Tweeting, the minister added that the delegation updated on the progress of the negotiations with stakeholders for the construction of the proposed new refinery in Hambantota.

Noting that the officials indicated that the management of Sinopec has decided to double the capacity of the refinery from the original proposal and the Investment, he added that they intend to sign the agreements for the project and commence work by June 2024.

Discussions regarding the water supply, power supply, land allocation & BOI facilities will take place today with the relevant authorities, the Minister further noted.

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DLB records highest ever profit

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In 2023, the Development Lotteries Board (DLB) achieved it’s highest-ever profit in its 40-year history. This marked a significant milestone as the DLB recorded a profit margin of 32% for the fiscal year 2022-2023, double the previous year’s figure.

Consequently, contributions to both the President’s Fund and the government saw notable increases, with a 13% rise for the former, surpassing the target, and a 6% increase for the latter. Mr. Ajith Gunaratne Narangala, Chairman and CEO of the Development Lotteries Board, attributed this success to strategic measures aimed at mitigating the country’s economic challenges, with special guidance from President Ranil Wickremesinghe, who also serves as the Minister of Finance.

The chairman mentioned that measures have been implemented to boost the prize money for both regular and newly introduced special lottery tickets of the Development Lotteries Board. Additionally, the board has initiated the introduction of lottery tickets via digital technology, aiming to provide consumers in the country with a novel experience. Notably, a percentage of the proceeds are earmarked for education and healthcare initiatives within the country.

(President’s Media Division)

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Special commodity levy on imported onions & rice, slashed

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The special commodity levy on imported onions and rice has been reduced with effect from yesterday (March 27).

Thereby, the Special Commodity Levy of Rs. 65 per 1kg of rice has been dropped to Rs. 1 until April 03, 2024.

In addition, the tax levied from imported Rose Onions have been slashed to Rs. 10 per kilogram until April 30, 2024.

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