David Pieris Motor Company (Private) Limited, the first company to introduce a motorcycle produced with locally manufactured components under the Standard Operating Procedure for Automobile Manufacturing/ Assembling Industry and Automobile Component Manufacturing Industry in Sri Lanka announced by the Ministry of Industries, launched its second bike, Bajaj Discover 125, yesterday at the DPMC Head ...

The Monetary Board of the Central Bank of Sri Lanka decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 250 basis points to 13.00 per cent and 14.00 per cent, respectively, CBSL said in a statement on Thursday. The decision was taken at […]

Friday 2nd June, 2023 Long lines of vehicles suddenly appeared near filling stations yesterday, evoking dreadful memories of a dark era and causing public panic. Pumps had run dry at most fuel depots, and people had to wait for hours to obtain petrol and diesel. Minister of Power and Energy Kanchana Wijesekera hurriedly issued a […]