News
Litro responds to criticism over its salary structure
Litro Gas Lanka, yesterday (29) responded to criticism as regards the salary structure of its staff.
Muditha Peiris, Chairman/CEO of Litro Gas Lanka has issued the following statement:
“The Company has been severely impacted by rising global LPG prices, foreign currency fluctuations and not increasing prices of LPG in Sri Lanka in keeping with changing international rates of LPG. The once robust entity that consistently performed as a leading SOE with growth potential, has been incurring losses recently, having passed on the cost benefit to the consumers for a considerable period of time.
As a fully owned subsidiary of The Sri Lanka Insurance Corporation, Litro Gas Lanka has been a major contributor towards the Treasury coffers since it’s inception. The Company is built on a model of efficiency and professionalism and has inculcated in its staff ethics of efficiency, effectiveness and being result oriented, factors that have played a major role in its success.
The Company spends less than two percent of its annual turnover on salaries for its less than 200 member staff. Many on the Litro Gas Lanka team have continued their career from Lanka Gas Co and Royal Shell Gas and have been serving for well over 20 years. The Litro Gas Lanka employees have always taken pride in their core values of delivering performance as a sustainable and tightly knit team.
Our team includes experts and professionals with global and local experience in their chosen field of expertise and are not paid state backed pensions or other tax free incentives or facilities available for government employees.
While the salary structure of Litro Gas Lanka is governed by the Companies Act of 2007 No 07, and regulated to be on par with other state owned enterprises, it is in no way as per the incorrect and false information shared on social media.
Litro Gas Lanka believes that such baseless allegations have been made with the intention of causing a negative impact on the goodwill generated by the Company in the minds of the consumers. The company vehemently denies the allegations and reiterates that such deliberate acts of sabotage are aimed at causing great harm and damage to the good name and reputation Litro Gas Lanka has cultivated over the years as the country’s leading LPG provider.”
The UNP yesterday (06) voiced concern over, what it described as, the continued silence of the Sri Lankan government regarding the sinking of an Iranian vessel by a US submarine within Sri Lanka’s Exclusive Economic Zone (EEZ).
In a statement, the UNP questioned whether the government had been informed, in advance, by the United States of the military action carried out within Sri Lanka’s EEZ, particularly within the framework of the Colombo Security Conclave.
The party warned that such developments had effectively turned Sri Lanka’s EEZ into a war zone, posing potential risks to commercial maritime activity.
Full text of the UNP statement: The United National Party is concerned over the continued silence of the Sri Lankan government regarding the sinking of an Iranian vessel by a US submarine in our Exclusive Economic Zone (EEZ). The government must disclose to the Sri Lankan public whether they were informed by America prior to the military action that was carried out in the country’s EEZ, and within the ambit of the Colombo Security Conclave.
These actions have resulted in our EEZ being turned into a warzone which will have a detrimental impact on our commercial interests. Shipping costs and insurance are expected to increase, impacting the country’s economy, including the cost of living.
The government of Sri Lanka must seek assurance from the United of States of America that further military action will not be conducted in the vicinity of the country. The government must also discuss the potential economic impact with the relevant shipping companies and insurance authorities.
Deputy Defence Minister Maj. Gen. (Ret.) Aruna Jayasekara yesterday (06) told Parliament that the next few weeks could prove decisive for Sri Lanka in view of the war situation in the Middle East.Addressing the House, Jayasekara said there was a possibility of delays in the provision of certain essential services in the coming weeks.
He said restrictions had been imposed on shipping and air travel owing to the ongoing conflict, which could affect the timely delivery of services and supplies expected by the country.
The Deputy Minister said the government had therefore taken steps to further extend the State of Emergency to ensure the uninterrupted maintenance of essential services.
“Due to the prevailing war situation, restrictions have been imposed on shipping, air travel and several other activities. As a result, some of the essential services we expected may face delays in the future. The coming weeks will be decisive, and we must pay special attention to maintaining these essential services. Accordingly, we have taken steps to continue the state of emergency,” he said.
The administration of the University of Peradeniya has urged students, academic staff, and non-academic staff to remain highly vigilant as leopards have begun frequenting the university premises.The areas surrounding the Veterinary Teaching Farm and the Staff Development Centre,
located in the Hanthana region, belonging to the university, have been identified as zones where leopards are frequently spotted.
The administration has further requested everyone to exercise extreme caution during activities in these areas and to immediately notify the University Security Division and the Health Sector if any emergency situation arises.
By S.K. Samaranayake
UNP concerned about govt.’s silence over US sub sinking Iranian warship in Lanka’s EEZ
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Human rights court orders reparations for forced sterilization case in Peru
Peradeniya Uni issues alert over leopards in its premises
Wife raises alarm over Sallay’s detention under PTA
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