Litro Gas Lanka, one of the country’s two leading suppliers of domestic Liquefied Petroleum (LP) gas, has decided to slash the prices of its products.

The price reduction will be effective from midnight tomorrow (June 04), according to Litro chairman and CEO Muditha Peiris.

The financial sponsor of a religious event held in Mahiyanganaya earlier this week had been a company which was named by the Central Bank of Sri Lanka an entity engaged in prohibited schemes, the ‘Anidda’ newspaper reports.

The newspaper says that the financial sponsor event was OnmaxDT.

The historic Mahiyangana Sacred Site was officially recognized as a place of worship at the event, held under the auspices of the President Ranil Wickremesinghe and the participation of Opposition Leader – Sajith Premadasa.

On May 31, Central Bank of Sri Lanka (CBSL) issued a public notice naming 08 entities that have conducted prohibited schemes.

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Lanka Sathosa has reduced the prices of six essential food items with effect from today (June 01).

Accordingly, the prices of wheat flour, big onions, red lentils, white sugar, chick peas and white Nadu rice have been reduced.

The revised prices are as follows:

Wheat Flour – Rs. 210 per 1kg  (reduced by Rs. 15)
Big Onions – Rs.115 per 1kg  (reduced by Rs. 14)
Lentils – Rs. 314 per 1kg  (reduced by Rs. 11)
White Sugar – Rs. 229 per 1kg  (reduced by Rs. 10)
Chick Peas – Rs. 545 per 1kg  (reduced by Rs. 05)
White Nadu Rice – Rs. 175 per 1kg  (reduced by Rs. 04)