Only 50 Dollars to go to India by passenger ferry!

Published

2 years ago

March 27, 2023

editor

Sri Lanka will commence the operations of the passenger ferry service between Kankesanthurai and Pondicherry on April 29, the Ministry of Ports, Shipping and Aviation said.

It said a passenger terminal is currently being constructed at the Kankesanthurai Port to facilitate the ferry service by the Sri Lanka Navy.

Ferry owners have mentioned during a recent discussion that they will be charging 50 US Dollars per passenger for a one-way trip, while allowing a passenger to carry baggage weighing 100kg.

A ferry is expected to carry 150 passengers at a time and will take around 4 hours to travel from Karaikal Port in Pondicherry to Kankesanthurai.

Minister Nimal Siripala de Silva said that any businessman in India and Sri Lanka can join this passenger ferry service.

Price of bread reduced

Published

8 hours ago

February 18, 2025

editor

Bakery owners have agreed to reduce the price of a loaf of bread by Rs. 10, according to the Ministry of Trade.

This follows a decision by two leading flour manufacturers in Sri Lanka – Serendib Flour Mills and Prima, to reduce the price of wheat flour by Rs. 10 per kilogramme.

Bread flour prices slashed

Published

1 day ago

February 17, 2025

editor

Leading flour manufacturers in Sri Lanka – Serendib Flour Mills and Prima, have decided to reduce bread flour prices by Rs. 10 per kilogram effective from tomorrow (Feb.18).

“During 2024, we implemented an initial reduction of Rs. 10 per kilogram in bread flour prices. While the earlier reduction did not translate to lower bread prices, both institutions have now stepped forward with an additional Rs. 10 per kilogram reduction, bringing the total reduction to Rs. 20 per kilogram,” said Mr. Kalinga Wijesekera, Director Brand and Corporate Communications, Serendib Flour Mills.

“We have informed the Minister of Trade of the latest reduction, and sincerely believe the Bakery Association will pass on the benefit of this price reduction to end consumers through reduced prices of bread and other bakery items,” he added.

BIZ

Budget 2025 : SriLankan Airlines to get Rs. 20 Bn. to settle debts

Published

1 day ago

February 17, 2025

editor

The Sri Lankan government has announced a comprehensive plan to settle the airline’s debt.

Delivering the 2025 Budget speech in Parliament today (Feb. 17), President Anura Kumara Dissanayake said that the government will sign an agreement with the concerned banks and allocate Rs. 10,000 million for loan capital repayment in 2025, along with an additional Rs. 10,000 million for interest payments.

The Airline would be fully responsible for ensuring operating profitability once these legacy debt service costs are settled by the government, he said.