An Echelon Media Company
Wednesday March 29th, 2023
Consumer Affairs

Sri Lanka seeks development agency backing for CEB reforms

"A reforms office will be opened at the Ministry of Power & Energy to see through the transformation."

February 24, 2023 2 min read

Sri Lanka bakers hold bread prices after power hike on demand fall

The current prices are too high and if we increase it more it will result in further downfall of the business

February 17, 2023 3 min read

Sri Lanka's state-run Litro says cooking gas supply secured for remainder of 2022

Prior to the crisis, the official said, Litro imported around 33,000 MT per month.

October 7, 2022 2 min read

Sri Lanka's state-run Litro drops cooking gas prices

This will be the third time Litro gas has reduced prices in the last three months.

October 5, 2022 1 min read
Sri Lanka power & energy minister defends "necessary" electricity tariff hike

It costs 32 rupees to generate one unit of electricity.

Sri Lanka canteen association to launch consumer rights political party

“If the parliamentarians can’t ensure our rights, then we might as well do it ourselves."

Sri Lanka to revise water tariffs to reflect operational costs

The proposal had been made by the Minister of Water Supply.

August 9, 2022 1 min read

Sri Lanka to appoint cost of living committee chaired by president as prices soar

Food prices in Sri Lanka rose 80.1 percent in the 12 months from June 2021 to June 2022.

July 5, 2022 2 min read

Sri Lanka can avoid food shortages by relaxing open account imports: Trade Minister

"With this, we expect to meet our needs without shortages, and also to reduce prices through competition," he said.

July 1, 2022 2 min read

Sri Lanka's Litro Gas acquires 100,000MT of LP gas using World Bank funds

The prime minister’s office said Thursday June 30 afternoon that the remaining 20 million dollars was from Litro.

June 30, 2022 1 min read
1

Tough three weeks ahead for Sri Lanka with crippling fuel, gas shortages incoming: PM

“At the end of these three difficult weeks, we shall try to supply fuel and gas without disruptions."

June 7, 2022 2 min read

Sri Lanka PM asks COPE to summon Litro Gas officials over distribution delay

Angry consumers have started street protests on a daily basis by blocking roads demanding cooking gas.

May 19, 2022 1 min read

Sri Lanka chicken and eggs in crisis as soft-peg hits feed

Vets warned that farmers are culling layer chicken due to the lack of feed

Mahadiya Hamza
March 24, 2022 3 min read

Cooking gas shortages in Sri Lanka to be resolved in 7-10 days: cabinet spokesman

According to reports, a 12.5kg domestic Laugfs gas cylinder price was increased by 1,359 rupees to 4,199.

Mahadiya Hamza
March 22, 2022 2 min read

Milk powder prices in Sri Lanka spike again

A 400g pack will be sold at 790 rupees while a 1kg pack will be sold at 1,945 rupees.

Chanka Jayasinghe
March 19, 2022 1 min read

Ceylon Fisheries Corporation, Uber join hands to deliver fish in Colombo

"We hope to expand to other cities in delivering quality seafood and seafood products at an affordable price."

Mahadiya Hamza
February 7, 2022 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 328.6083 334.9328
UK Pound 404.2407 411.1914
Euro 358.1529 359.7836
Aus Dollar 221.9914 225.8025
Yen 2.5191 2.5583
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.8504 4.0593
Korea Won 0.2471 0.2566
Oman Rial 824.2395 870.3981
Saudi Riyal 84.4779 89.2088
UAE Dirham 86.3927 91.2333
Source: Central Bank/Indicative
pts %
S&P SL20 2,722.94 -1.64%
CSE All Share 9,395.98 -1.38%
Turnover Rs million 3,437,599,160 1,512,188,680
Source: CSE
Latest Last
3-m bill 26.95 28.13
6-m bill 26.26 27.13
12-m bill 25.26 26.11
5-yr bond 26.01 25.82
8-yr bond 24.73 24.73
Source: Central Bank/Indicative
today yesterday
Overnight Money 15.50 15.50
Gilt Repo 15.50 15.50
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka's Litro Gas chairman may be changed: sources

Litro has been in the midst of gas explosion controversy and shortages

Mahadiya Hamza and Chanka Jayasinghe
January 13, 2022 1 min read

Sri Lanka bakery owners warn of possible bread shortage

“People might not be able to buy bread even if they stand in queues,” said Jayawardena.

January 7, 2022 2 min read

Sri Lanka's Laugfs says unable to import cooking gas due to dollar shortage

"We are talking to all the banks, even Samurdhi banks, to see if they can give us dollars."

Mahadiya Hamza
January 3, 2022 2 min read

Sri Lanka's Litro gas to add 180,000 cooking gas cylinders to market

More than 800 cooking gas explosions have been recorded in Sri Lanka since October 2021.

Mahadiya Hamza
December 31, 2021 2 min read

Sri Lanka presidential probe on gas explosions contradicts previous official claims

"The cylinders, regulators, stoves, and other equipment have remained unchanged."

Shihar Aneez
December 22, 2021 4 min read

Sri Lanka’s mysterious gas explosions become nobody’s baby

Priyangani’s grieving widower now has but one goal: to take both the government and the gas company to court.

December 18, 2021 8 min read
1

Sri Lanka Court of Appeal orders LP gas companies to recall cylinders: report

The next writ hearing will be on January 26.

Mahadiya Hamza
December 17, 2021 1 min read

More cooking gas explosions in Sri Lanka; HRCSL calls stakeholder discussion

Human Rights Commissioner Nimal Karunasiri said the gas companies have also been invited to the discussion.

Chanka Jayasinghe
December 9, 2021 2 min read

Sri Lanka gas explosion probe says blame lies largely with faulty accessories

The committee urged the public to refrain from testing for gas leaks using unsafe methods.

Mahadiya Hamza
December 6, 2021 3 min read

Sri Lanka opp lawmaker accuses govt of representing interests of "rice mafia"

The MP also claimed that the current leadership’s image as a fearless doer has waned.

September 29, 2021 3 min read
1 2 3 5