SECTORSRajapakshe new BASL Chief
Activist and UNP MP Wijeyadasa Rajapakshe PC yesterday won the presidency of the Bar Association of Sri Lanka.
Chartered Institute of Logistics and Transport fumes over bus fare hike method
The local arm of the professional body Chartered Institute of Logistics and Transport (CILT) has expressed concern over the manner in which the recent bus fares were increased by the Government.
Treasury directs State sector to rationalise fuel, electricity expenses
The Finance Ministry has directed that all Government institutions should limit their consumption of fuel and electricity as a priority following the upward revision of prices.
Rupee weaker; TBill yield up
The rupee closed weaker at 118.80/85 a dollar, compared with Tuesday’s close of 118.50/60. It hit an all-time low of 120.90 on 15 February, after the Central Bank stopped supporting a specific price level.
UNP to hold May Day rally in Jaffna
The main opposition United National Party (UNP) has decided to hold its May Day rally this year in Jaffna, the capital city of the Northern Province.
UNP General Secretary Tissa Attanayake said yesterday that the party would hold the rally together with the major Tamil political party in the country, the Tamil National Alliance (TNA) and called on other parties to join the rally as well.
Politicos get crisis update at President’s meeting
Government politicians yesterday at a Presidential forum got a special update and explanation on the current crisis following the devaluation and fuel hike as well as upcoming UNHCR sessions.
Unions urge Labour Ministry to increase salaries
Several trade unions have requested the Labour Ministry to increase salaries of the working masses, especially, the private sector workers.
Eleven trade unions that are represented in the National Labour Advisory Council (NLAC) have made this request from the Ministry.
Brent rises to near $123, 9-month high on Iran
NEW YORK (Reuters) : Brent crude oil rose to a nine-month high above $123 a barrel late Wednesday morning as supportive Iran-related tensions and supply worries outmatched weak economic data in Europe and China that cast doubt on the global growth outlook.
Singer introduces SMS receipts for utility bill payments
Singer Sri Lanka yesterday announced the launch of SMS receipts to aid customers who pay their utility bills through the company’s retail network countrywide.
SLT ends 2011 with impressive results
Sri Lanka Telecom (SLT), the leading national integrated telecommunications service provider, continued its growth momentum, seeing its Profit Before Tax (PBT), Profit After Tax (PAT), revenue and all other Key Performance Indicators showcase sustained improvement.
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