BIZ

PickMe reduces taxi charges

Published

9 months ago

March 31, 2023

editor

The PickMe taxi service has reduced the charge to Rs 68 per kilometer.

“The current slashing of petrol prices by CPC will be passed down to the passenger and we will continue to give value to the driver who works in the gig economy. The authorities have stipulated that the maximum price for tuk tuks have a starting price of Rs. 100 followed by Rs. 80 from the second kilometre. We are able to stay well below the rates of the road tuktuks as our digital platform makes the system efficient as drivers don’t have to be plying the roads in search of customers,” says Jiffry Zulfer, CEO of PickMe in a press release.

PickMe’s driver network is continuing to expand. Last year alone the app-based mobility company registered over 40,000 new drivers, the release said.

BIZ

Egg prices on the rise again

Published

13 hours ago

December 11, 2023

editor

Egg prices in the local market have been increased despite the festive season being just around the corner.

Although the price of an white egg was around Rs. 40 – 42 in the last week of November, it rose to Rs. 44 – 46 last week before increasing again to Rs. 55 – 60.

The price of a white egg and brown egg at the Narahenpita Economic Centre is priced at Rs. 50 and Rs. 52 respectively.

It is speculated that the prices will continue to spike, resulting in the price hike of bakery and confectionary products.

Experts in the field allege that Trade Minister – Nalin Fernando’s short sighted decisions are to be blamed for his.

The minister had recently halted egg imports from India, stating that the local egg industry has been stabilized.

However, experts say that the minister had initially imported eggs when the demand was low and had left the local market to depend entirely on the local market when the demand was at its peak, to secure another future chance to import eggs from India.

BIZ

President opens ‘Blue Orbit’ today; Dilith Jayaweera as Director

Published

3 days ago

December 9, 2023

editor

President Ranil Wickremesinghe is to open South Asia’s first revolving restaurant and a banquet hall today.

The project is a joint venture between Colombo Lotus Tower management which will have an 80 percent stake and Citrus Leisure PLC. The ‘Blue Orbit’, South Asia’s tallest restaurant and Sri Lanka’s first-ever revolving restaurant will create new icon for the country.

Citrus Leisure PLC is chaired by Prema Cooray, and Derana owner Dilith Jayaweera, who is ready to run as a candidate in the upcoming presidential election, is also a director.

The directors of Citrus Leisure PLC include Varuni Fernando, Chandana Talwatte, Sarva Amarasekere, Rajinda Seneviratne, Manoj Pilimatalawwe, Suresh De Mel and Vasula Premawardhana.

With seating capacity for 225 guests at any given time, the Blue Orbit promises an extraordinary dining experience with culinary creations designed to tantalise true connoisseurs. This restaurant will feature an extensive international buffet for lunch and dinner, operating from 11.00 am to 11.00 pm.