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Monday September 25th, 2023

Sri Lanka Uber driver released on bail after aggravated assault on passenger

ECONOMYNEXT – An Uber driver who slammed a passenger against the vehicle and left him fallen on the roadside with head injuries after a ‘cancellation fee’ incident was bailed out after the case was called at Kaduwela magistrate’s court Friday.

Kaduwela magistrate released him on a surety bail after being produced in connection with an offence relating a section 315/316 of the penal code (assault).

The passenger had complained that the Uber driver had dragged him out of the three wheeler, slammed his head against a metal pole of the vehicle fracturing head and injuring his eye and ears.

The fallen passenger, who had been barely conscious had been found by a passer-by who had called the Suwaseriya ambulance service to take him to hospital.

The Uber driver had turned abusive after the passenger had asked a question about an extra fee that appeared, the passenger had said.

In Sri Lanka Uber customers have complained in social media about so-called ‘cancellation fee’ incidents where a driver delays his arrival, loitering nearby, leading to a cancellation and then picks up a new call.

The passenger is then charged a cancellation fee.

Uber users have complained on social media that there is no customer service office or number in Sri Lanka to contact and make complaints, though the firm has been operating in the island for many years.

Unlike some other taxi services in Sri Lanka where the telephone number of the driver is given to the passenger, Uber users have complained that drivers are protected from direct contact and users cannot even ask for items which are forgotten in the taxi. (Colombo/Dec06/2019)

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  1. Gamarala says:

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  2. Roshan says:

    This is why we should support our local ventures. Use PickMe for joyful journeys.

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Your email address will not be published. Required fields are marked *

  1. Gamarala says:

    Don’t use this blady service. Pick me is good and responsible for any.

  2. Roshan says:

    This is why we should support our local ventures. Use PickMe for joyful journeys.

Sri Lanka sells 2028 bonds at 14.52-pct

ECONOMYNEXT – Sri Lanka sold all offered bonds in 2026 and 2028 maturities raising 220 billion rupees from an auction Monday, data from the state debt office showed.

The debt office sold 135 billion rupees of 1 June 2026 bonds to yield 15.64 percent.

Another 85 billion rupees in 01 July 2028 bonds were sold to yield 14.52 percent.

The 2028 bond is offered on tap at the weighted average yield. (Colombo/Sept25/2023)

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Sri Lanka’s stocks end down on Monday after slow day of trading

ECONOMYNEXT – Sri Lanka shares were down at close of trading on Monday.

Turnover was 550 million rupees.

The main All Share Price Index was down 0.36 percent or 40.02 points to 11,216.50, while the S&P SL20 was down 0.44 percent or 14.07 points to 3,164.52.

Trading in the Capital Goods Industry (174,037,134) drove turnover.

Commercial Bank, Expolanka Holdings, and Aitken Spence plc saw losses, while National Development Bank, John Keells Holdings and Melstacorp saw gains in the day’s trading.

The market saw a net foreign inflow of 13 million rupees, while the yearly net foreign inflow was 429 million rupees. (Colombo/Sep25/2023)

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Sri Lanka rupee closes at 324.75/324.90 to the US dollar

ECONOMYNEXT – Sri Lanka’s rupee closed at 324.75/90 to the US dollar on Monday, from Friday’s close at 324.70/325.00 dealers said.

Bond yields were up.

A bond maturing on 01.07.2025 closed up at 15.55/15.70 percent on Monday, after closing at 14.95/15.30 percent on Friday.

A bond maturing on 01.08.2026 closed up at 15.50/15.65 percent up from 14.95/15.10 percent.

A bond maturing on 15.09.2027 closed up at 14.75/15.50 percent from 14.55/15.00 percent.

A bond maturing on 01.05.2028 closed up at 14.25/14.60 from 14.00/14.30 percent.

A bond maturing on 15.05.2030 closed stable at 13.00/13.50.

A bond maturing on 01.07.2032 closed at 12.95/13.45 percent from 13.00/13.45 percent. (Colombo/Sept25/2023)

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