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SOEs Restructuring Unit to make recommendations on SriLankan Airlines

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The State-owned Enterprises Restructuring Unit, established under the Ministry of Finance, Economic Stabilization & National Policies, will be assigned to study the methodology of restructuring the national carrier SriLankan Airlines and make recommendations to the Cabinet of Ministers, the government says.

At its meeting held on Monday (Oct. 31), the Cabinet of Ministers decided to handover the responsibility of studying the methodology of restructuring SriLankan Airlines and making recommendations to the said unit.

The decision was reached after taking into consideration the resolutions furnished by the Minister of Port, Shipping & Aviation.

The government stated that it has recognized the need to restructure SriLankan Airlines and its subsidiary companies by handing over a considerable amount of shares and the management of the entity of SriLankan Airlines to investors selected through a transparent procurement process.

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Kottu, Fried Rice prices reduced

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The All Ceylon Restaurant Owners’ Association has decided to reduce prices of several food items, following the reduction in gas prices that was announced earlier today (May 03). 

Accordingly, the Association announced that the prices of Fried Rice and Koththu will be reduced by Rs. 20 while prices of shorteats will be reduced by Rs. 10.

However, prices of plain tea and milk tea are to remain unchanged, the Association adds.

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Laugfs Gas also slashes prices

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Laugfs Gas has also reduced its LP gas prices with effect from midnight today (May 03) following the price reduction by Litro Gas.

Accordingly, the price of a 12.5kg cylinder has been reduced by Rs.275 to Rs. 3,840 while the the price of a 5kg cylinder has been reduced by Rs.110 to Rs.1,542.

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Litro gas prices reduced

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Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.

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