Government to make several SOEs self financed: Ravi

The new government’s plan to restructure the loss making State Owned Enterprises (SOEs) to be self financed without depending on the General treasury will be a reality soon, Finance Minister Ravi Karunanayake said. MORE...

August 11, 2015  01:20 pm|

Ceypetco suspends fuel contracts worth millions

Sri Lanka’s state-owned Ceylon Petroleum Corp (Ceypetco) has suspended oil contracts worth millions of dollars that were signed last year for fuel deliveries, the company chairman has told on Thursday. MORE...

July 2, 2015  03:16 pm|

No fuel price hike - Patali

I say with completely responsibility that there will be neither fuel hike in the near future nor a fuel shortage, Power and Energy Minister Patali Champika Ranawaka said today. He also completely denied rumours that the Petroleum Corporation will be privatized. MORE...

May 11, 2015  05:04 pm|

Three-wheeler, school van fares slashed

Minister of Internal Transport, Ranjith Madduma Bandara, says that three-wheeler fares will be reduced by 10 percent while school van charges will be reduced by 5 percent with effect from February 01. MORE..

January 30, 2015  12:47 pm|