News

Postage stamp to be increased to Rs. 100 in July

Published

10 months ago

June 19, 2024

editor

A proposal has been made to increase the price of an ordinary postage stamp to Rs. 100 by July, Mass Media Ministry Secretary Anusha Palpita said.

He told the Daily Mirror that the Postal Department is currently incurring an annual loss of Rs. 7,000 million.

“Last year, the loss was reduced to Rs. 3,200 million. However, with a salary increase for postal employees costing Rs. 2,800 million this year, the Postal Department’s loss will rise again to Rs. 7,000 million.” he said.

“If the losses continue to increase, it might reach Rs. 5 billion by 2025. Less than 1.5 million people use postage stamps, yet the entire country bears the burden of the Postal Department’s losses,” he added.

The price of a stamp was Rs. 15 until 2022, and the current price is Rs. 50.

“We are awaiting approval from the Treasury to raise the price of a postage stamp. This decision is necessary due to the ongoing losses of the Postal Department,” Palpita said.

(dailymirror.lk)

(This story, originally published by dailymirror.lk has not been edited by SLM staff)

News

Batalanda commission report handed over to the AG

Published

5 hours ago

April 29, 2025

editor

The “Report of the Commission of Inquiry into the Establishment and Maintenance of Places of Unlawful Detention and Torture Chambers at the Batalanda Housing Scheme” which was recently tabled in Parliament, has been handed over to the Attorney General by the Presidential Secretariat following a directive from President Anura Kumara Disanayake.

The report, originally compiled over 25 years ago, was tabled in Parliament recently. The Government has taken a decision to take necessary action and as a result, actions have been initiated to hand over the report to the Attorney General’s Department today (29).

(President’s Media Division)

News

Ex-SLTB Vice Chairman granted bail

Published

5 hours ago

April 29, 2025

editor

The former Vice Chairman of the Sri Lanka Transport Board (SLTB), L.A. Wimalaratne, who was arrested by the Criminal Investigation Department (CID) earlier today (April 29), has been released on bail.

He was arrested in connection with an investigation into a house in Kataragama, allegedly linked to the family of former President Mahinda Rajapaksa.

News

Franchise agreements of Colombo Strikers & Jaffna Kings terminated

Published

5 hours ago

April 29, 2025

editor

Sri Lanka Cricket (SLC) in collaboration with the event rights holder of the Lanka Premier League (LPL) – the IPG Group, has officially announced that the franchise partnerships of the ‘Colombo Strikers’ and ‘Jaffna Kings’ have been terminated.

According to a statement issued today (April 28), the terminations were made due to the respective franchises’ failure to fulfill contractual obligations outlined in their agreements with the IPG Group, which were established at the commencement of their participation in the league.

Accordingly, the forthcoming edition of the Lanka Premier League will feature franchises representing Colombo and Jaffna under new ownership, the statement notes.

As the event rights holder, the IPG Group retains the exclusive rights over the LPL franchise teams and, accordingly, is vested with the authority to transfer and/or assign the ownership rights of the said franchises to interested parties.

Sri Lanka Cricket and The IPG Group remain committed to upholding the integrity, standards, and success of the Lanka Premier League and look forward to an exciting upcoming season with renewed participation.