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No fuel price hike – Gammanpila

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Energy Minister Udaya Gammanpila yesterday told the media no decision had been made to increase the CPC fuel prices.

Gammanpila added that there was no shortage of fuel in the country. “However, because LIOC increased fuel prices, a lot of people are now buying fuel at CPC-run petrol stations.”

The Cabinet had approved a 3.6 billion US dollar credit line for fuel purchase from Oman, Gammanpila. Sri Lanka spent around USD 300 million on oil imports a month and the credit line would be sufficient for one year, the Minister added.

Gammanpila said that there was no point in queuing at fuel stations because it took a couple of months for a decision to increase fuel prices to be approved. For example the previous price hike in June had been proposed in April, he said.



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Swiss ambassador meets President Dissanayake

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Dr. (Ms.) Siri Walt, Ambassador Extraordinary and Plenipotentiary of Switzerland to Sri Lanka, met  President Anura Kumara Dissanayake at the Presidential Secretariat this morning (09).

During the meeting, Ambassador Walt extended her congratulations to President Dissanayake on his recent election victory, conveying best wishes on behalf of the Government and people of Switzerland.

Ambassador Walt reaffirmed Switzerland’s commitment to supporting Sri Lanka, particularly through the ongoing IMF program, and expressed Switzerland’s readiness to assist in President Dissanayake’s efforts to combat corruption. She also emphasized Switzerland’s expertise in foreign direct investments (FDI) and tourism, offering assistance to Sri Lanka in these sectors to promote economic growth.

Further areas of collaboration discussed included constitutional reforms and labour migration, with Ambassador

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President discusses enhancing revenue and efficiency with Sri Lanka Customs and Inland Revenue officials

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President Anura Kumara Dissanayake held a key meeting with senior officials from both the Sri Lanka Customs Department and the Inland Revenue Department at the Presidential Secretariat today (09). The discussions centered on strategies to enhance revenue generation and improve operational efficiency within both departments, in line with the government’s broader economic mandate.

During the meeting, officials from both departments presented the challenges they face in managing revenue and tackling tax evasion. They stressed the importance of strengthening coordination between the Inland Revenue Department (IRD) and Customs to effectively combat these issues. It was highlighted that better collaboration would ensure more robust enforcement of tax laws and prevent tax leakage, further boosting the country’s revenue collection.

Representing the Sri Lanka Customs Department were  P B S C Nonis, Director General of Customs; Mrs. H W S P Karunaratne, Additional Director General of Customs; . C S A Chandrasekara, Additional Director General of Customs;  W S I Silva, Additional Director General of Customs;  S P Arukgoda, Additional Director General of Customs; J M M G Wijeratna Bandara, Additional Director General of Customs;  A. W. L. C. Weerakoon, Senior Deputy Director and  M R G A B Muthukuda, Chief Financial Officer, among other officials.

From the Inland Revenue Department, Mrs. W S Chandrasekara, Commissioner General;  B K S Shanta, Deputy Commissioner General; Mrs. J A D D B K Siriwardena, Deputy Commissioner General; Mrs. J D Ranasinghe, Deputy Commissioner General; D M N S B Dissanayake, Deputy Commissioner General;  H H S Samantha Kumara; and Ms. T M S Thennakone, Senior Commissioner, participated in the discussions.

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Vietnamese Ambassador meets President; explores possibility of enhancing direct flights between Vietnam and Sri Lanka

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The Ambassador of Vietnam to Sri Lanka, Ms Trinh Thi Tam, paid a courtesy call on President Anura Kumara Dissanayake at the Presidential Secretariat this afternoon (09).

During the meeting, Ambassador Tam conveyed her congratulations on behalf of the Government of Vietnam and expressed optimism for continued cooperation between the two nations.

Highlighting Vietnam’s achievements in foreign direct investment (FDI) and trade, President Dissanayake requested Vietnam’s assistance in fostering these sectors in Sri Lanka.

The discussion also explored the possibility of enhancing direct flights between Vietnam and Sri Lanka, with a focus on strengthening Buddhist ties and cultural connections. Ambassador Tam further pledged to explore opportunities to promote Sri Lanka as a key destination for Vietnamese tourists, thereby expanding people-to-people connections and boosting tourism.

 

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