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We will be operating tomorrow – BoC & People’s Bank Chairmen

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The Chairmen of the People’s Bank and the Bank of Ceylon both emphasized that their respective banks are ready to serve their customers tomorrow (01).

They expressed their confidence that it is the responsibility of all public servants to support the government’s program to build the country’s economy, and that bank employees will do the same.

These issues were revealed at a meeting held at the Presidential Secretariat today (28) regarding matters in the banking industry.

The discussion was attended by the heads of state banks and trade union representatives, as well as the Senior Advisor to the President on National Security and Chief of the President’s Staff, Sagala Ratnayake, and the President’s Secretary, Saman Ekanayake.

There was extensive discussion about how to keep the banking operations running so that government programs are not disrupted and customers are not inconvenienced.

Mr. Sagala Ratnayake pointed out that it is not a good situation for the country to send the message to the international community that the banking system is inactive at a time when the government has taken extensive measures to create financial stability in the country.

Although it is a common tradition to issue circulars containing arrangements such as handing over the keys on the day of the strike, handing over the keys to safes containing gold, etc., when bank employees take union action, this has not occurred in relation to the joint bank union action scheduled to take place tomorrow. This was revealed during the discussion.

Accordingly, the Chairmen and the main management of the Banks agreed that the steps will be taken soon.

Ronald Perera, Chairman of the Bank of Ceylon, added that the banking system’s support is required for the government’s economic development program, and he urges all bank employees not to neglect their responsibilities to the country.

Sujeewa Rajapaksa, Chairman of the People’s Bank, stated that steps have been taken and are currently being discussed to address issues with current tax collection.

He also stated that it is everyone’s responsibility to help improve the country’s future by cooperating with understanding at this time when the entire country is experiencing economic difficulties.

Commenting further Chairman of the Bank of Ceylon Ronald C. Perera said :

This country is now in a very difficult economic situation. In this situation, several trade unions have announced a strike tomorrow. As Chairman of the Bank of Ceylon, I request that our employees return to work tomorrow because the Bank of Ceylon provides excellent service to its customers. If the bank is closed for even one day, the entire country will suffer greatly.

Furthermore, trade unions demand that the government should make decisions on tax collection and tax rate reductions. As a result, we have discussed this matter with the government. These issues, we believe, will be resolved in the near future. I strongly urge the employees to report for duty on behalf of the bank and its customers.

People’s Bank Chairman Sujeewa Rajapaksa further said :

Several trade unions have organized a strike for tomorrow. As Chairman of the People’s Bank, I request that you report to work as People’s Bank employees. People’s Bank makes a significant contribution to the economy of this country. We serve a large number of people and customers, as well as economic operators. As a result, we ask that you report to duty as usual and complete the necessary tasks to keep the service running. At this time, we ask that you refrain from acting in a way that will harm the government, country, or economy.

President’s Economic Senior Advisor Dr R H S Samaratunga and Director General of Trade Unions Saman Rathnapriya were also present at the discussion.

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Imported salt sold while securing over Rs.100 profit per kilo?

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It has been revealed that although salt imports from India have cost less than Rs.75 per kilo, local consumers are being made to pay extra, with products being priced with profits of Rs.100 per kilo.

The government recently allowed large-scale salt imports to address local shortages, with the private sector also importing significant quantities.

According to reports the Sri Lanka State Trading (General) Corporation (STC) had imported 12,450 MT of salt, priced at Rs.74.75 per kilo.

Convener of the ‘Civil Intelligence Front’ – Sanjaya Mahawatta alleges that the STC has concealed from the public the price at which salt was purchased from India.

Despite the Sri Lanka Salt Manufacturers’ Association recently setting a MRP, current market prices are reportedly much higher.

Granular salt is being sold at Rs.320–350 per kilo, and a 400g pack of salt powder is around Rs.150.

(Source: Aruna)

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Thriposha company to launch new cupcake range

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The Sri Lanka Thriposha Company Limited has successfully resumed operations under the government’s restructuring initiative aimed at transforming loss-making state enterprises into profit-generating institutions.

According to Chairman Amal Niroshana Attanayake, as of June 16, the previously idle machines at the Thriposha factory are now operating around the clock. The first batches of Thriposha product packets have already been produced, and the once-empty warehouses are now being restocked, signaling the return of a 24-hour production cycle.

The Chairman announced that the company is preparing to distribute Thriposha nationwide in the coming days, ensuring that pregnant mothers, lactating mothers, and infants will once again have access to this vital nutritional supplement.

Additionally, under Attanayake’s leadership, the company will soon launch a new line of nutritious and flavorful Thriposha cupcakes, available in chocolate, banana, vanilla, strawberry, and mango flavors.

Consumers will be able to purchase these new products starting next week at the company’s Ja-Ela head office outlet.

(dailynews.lk)

(Except for the headline, this story, originally published by dailynews.lk has not been edited by SLM staff)

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Customs urges to re-export substandard salt imports

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Sri Lanka Customs has recommended the re-export of 05 containers of imported salt after they failed to meet national quality standards.

According to Customs Spokesperson Seewali Arukgoda, all salt containers brought into the country are subject to rigorous standards testing. The five containers in question were found to be non-compliant with Sri Lanka Standards Certification requirements.

According to Customs, approximately 2,000 containers of salt have been imported under the relevant import permit.

Earlier, The Sri Lanka Salt Manufacturers Association has announced that salt will now be sold under newly set Maximum Retail Prices (MRP), following an agreement with the Consumer Affairs Council.

This move comes after import restrictions were relaxed, and sufficient salt stocks have arrived in the country. The MRPs are as follows :

1 kg granular salt – Rs.180
1 kg salt powder – Rs.240
400 g salt powder – Rs.120

The Association stated that while distribution has begun, it may take a few days for the packaged salt to reach outlets islandwide. Consumers can expect to purchase salt at regulated prices once full distribution is in place.

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