- Last Update 2024-09-03 16:45:00
Mendis pays Rs. 6 billion arrears as excise duty
A private local liquor manufacturing company, W.M. Mendis & Co., owed the Finance Ministry a staggering Rs. 6 billion as excise duty.
The payments had accumulated over a period of time. Just weeks earlier, the Finance Ministry sent the company a final warning before cancelling its licence to operate.
Pronto, the Rs. 6 billion owed to the Treasury was settled.
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- August 31, 2024 - 178 - 0
CPC reduces fuel prices
The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
- August 27, 2024 - 169 - 0
CBSL Governor warns reversal of reforms could trigger new crisis
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
- August 28, 2024 - 152 - 0
President opens Sri Lanka’s first LNG power plant
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
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