37 new Lanka Sathosas coming
As its total branch network edged to 380, Lanka Sathosa is preparing to cross the 400 branch mark next-and despite 9 outlets hit by recent floods, Lanka Sathosa continued its disaster relief assistance successfully braving the situation.more
SL-BANGLADESH HI LEVEL TALKS NEXT MONTH
As the latest data showed a three-fold total trade jump with Bangladesh (including a three-fold rise in exports!) Sri Lankaโs high-level talks with Bangladesh for even bigger trade and investments are now slated for next month in Dhaka. โBilateral trade between the two countries tripled since 2010 but theremore
Ratnapura flood shelters decline after speedy action
As a result of speedy relief operations, the number of flood victim shelters in Ratnapura has decreased steadily. The most critical need of the victims and the Ratnapura city-that is the drinking water supply-has now been restored. Even the entire array of destroyed water wells has been renovated.more
Two Lanka Sathosas in East, within a day!
Lanka Sathosa network is growing from strength to strength and no plans to privatise it. โLanka Sathosa expansion program is to strengthen our largest state owned supermarket system and not to privatise itโ said Minister of Industry and Commerce Rishad Bathiudeen on 10 June in Kattankudi, Batticaloa. Minister Bathiudeenmore
“Reports say 48,600 families hit, but increasing”
As latest casualty reports indicated that 48659 families (and counting) were hit by flood deluge in Ratnapura District, Minister of Industry and Commerce announced immediate measures beyond ration delivery to even livelihood revival on 3 June. And for the first time, the government is directly making use of Sri Lankaโsmore
“MRPs a consumer safeguard!”
A powerful but a perturbed retail market supplier collective in Sri Lanka voiced that the prohibited market practice of mixing imported and domestically milled rice could be overcome with a simple move, instead of resorting to punitive official raids.ย Meeting the Minister of Industry and Commerce Rishad Bathiudeen in earnestmore
“Indian investors have important roles in our FDI, trade”
Ongoing economic reforms in Sri Lanka have excited Indian corporate investors, amongst them Indiaโs biggest player in their domestic LNG gas sector who is bidding to enter the Lankan market to supply the new, green LNG -and also to revolutionise the present LNG supply system here as well.more
Sale of mixed rice is wrong
CAA should take legal action against errant millers who hoard paddy stocks. CAA should also raid sellers who sell imported rice claiming to be locally produced, was the consensus that emerged at the Cost of Living Committee discussions of 25 May.more
Work starts on automation of Sri Lanka startup registrations
Turning a new page in Sri Lankaโs business history, the entire company registration process is to be fully automated thereby slashing the waiting period for the birth of a new Company.more
BREAKING: Lanka Sathosa starts urgent dry ration delivery
โHeavy damages, we are stepping inโ-Rishad Minister Bathiudeen rushes officials for urgent morning review of Lanka Sathosa supply status By mid-morning, concludes dry rations readily available for prompt distribution Directs Lanka Sathosa to immediately issue stocks to DS offices Flood affected people to receive relief immediately & free of chargemore