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Tag: loss

Petroleum Minister says CPSTL incurred Rs. 9 million loss on the day fuel prices raised due to fraud
BUSINESS

Petroleum Minister says CPSTL incurred Rs. 9 million loss on the day fuel prices raised due to fraud

Minister of Petroleum Resources Development Arjuna Ranatunga says the state’s fuel storage unit, the Ceylon Petroleum Storage Terminals Limited (CPSTL)…

byFaraz Shauketaly17/05/201817/05/2018
Railways strike: Continued strike cause over 12 Million daily loss to the state
LOCALMain Story

Railways strike: Continued strike cause over 12 Million daily loss to the state

The Railways trade union is continuing their strike, despite a Gazette notification which declared railways as an essential service. According…

byFaraz Shauketaly11/12/201711/12/2017
SriLankan Airlines restructuring dragged further even after 2 years
BUSINESS

SriLankan Airlines restructuring dragged further even after 2 years

Restructuring process of SriLankan Airlines align with suitable business partner dragged further even after two years without having meaningful outputs,…

byFaraz Shauketaly21/11/2017

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Latest News


  • NDB Bank Fraud: The System That Didn’t Speak – What of “Go AML”?
  • Scathing Auditor General’s Report on Coal Procurement
  • Time to Switch? Sri Lanka Fuel Prices put EV drivers in Pole position
  • CB Unveils “2025 Economic Review” and “Financial Statements and Operations” Reports for Presidential Review
  • Sri Lanka Names Anura Karunathilake as New Minister of Energy
FEATUREDOPINIONS

Unanswered questions in the NDB fraud: How did the System Fail?

byEditor 10/04/202610/04/2026
BUSINESSNEWS

Peter Hill tipped for SriLankan Airlines top job

byFaraz Shauketaly 10/04/202610/04/2026
OPINIONSTOP STORY

Inaction: Sri Lanka’s Most Consistent Policy When Scandal Meets Silence, Governance Becomes Theatre

byFaraz Shauketaly 10/04/202610/04/2026
FEATURED

NDB Fraud Live Updates

byFaraz Shauketaly 09/04/202609/04/2026
BUSINESSTECHNOLOGY

Chat2Find Releases 255M+ Token Sri Lankan Trilingual AI Corpus via Hugging Face and Lanka Data

bySienna De Silva 09/04/2026
BUSINESSFEATURED

The NDB Fraud: Hard Questions

byFaraz Shauketaly 07/04/202607/04/2026

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