News

No chance for cheaper canned fish!

Published

4 weeks ago

November 6, 2022

editor

The local Canned Fish Manufacturers Association says that although it is possible to reduce canned fish prices by Rs. 300, products already released to the wholesale market at a higher price, has become a hindrance.

At present, a tin of canned fish is sold in the market for around Rs. 900.

Producers say that the price can be reduced to Rs. 600 as fishermen are now able to get the ‘Linna’ fish used for production, after receiving a proper supply of fuel.

Also, the cost of an empty can has also gone down by Rs. 10, they say.

Although canned fish is highly popular in Sri Lanka, skyrocketing prices have drastically reduced consumption levels.

This has led to more stocks remaining in the market and wholesale vendors are reluctant to sell them at a price lower than which they bought the stocks for.

News

One more COVID-19 death

Published

9 hours ago

December 5, 2022

editor

One more COVID-19 death was confirmed yesterday (04) by the Director-General of Health Services.

Accordingly, the current COVID-19 death toll is at 16,805.

BIZ

Auto Diesel price slashed

Published

10 hours ago

December 5, 2022

editor

The Ceylon Petroleum Corporation (CPC) has announced that the price of a litre of Auto Diesel will be reduced by Rs. 10/- from midnight today (05)

Accordingly, the new price of a Liter of Auto Diesel will be Rs. 420/-.

However, CPC states that prices of other types of fuel will remain unchanged.

Meanwhile Lanka IOC says that they too will reduce the price of Auto Diesel by Rs. 10 from midnight today.

News

Bandula asks SLTB chairman to resign

Published

10 hours ago

December 5, 2022

editor

Minister of Transport and Highways Bandula Gunawardena has called for the immediate resignation of the Chairman of the Sri Lanka Transport Board (SLTB), Kingsley Ranawaka.

In a letter addressed to the SLTB chairman, the minister states that the ‘Park and Ride – City Bus Service’, which was initiated under a policy decision of the government, has been suddenly suspended without informing him, based on a decision reached by the Director Board of the Sri Lanka Transport Board.

Therefore, the Minister, under the powers vested in him by Sri Lanka Transport Board Act, No. 27 of 2005, has instructed Mr. Ranawaka to resign from the posts of SLTB chairman and Director Board member with immediate effect.