Economics

Sri Lanka Reduces Bus Fares Following Diesel Price Cut

Sri Lanka’s National Transport Commission (NTC) has implemented a 4.24% reduction in bus fares, effective from midnight on October 1, in response to a drop in diesel prices. The minimum bus fare has decreased from 28 rupees to 27 rupees. This fare adjustment applies to all categories of buses, including normal, semi-luxury, luxury, and super-luxury

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Economics

Ceylon Chamber Launches ‘Vision 2030’ for Sustainable Development

The Ceylon Chamber of Commerce has unveiled its groundbreaking policy document, ‘Vision 2030,’ which outlines a strategic plan for Sri Lanka’s sustainable and inclusive development by 2030. The document was first presented to President Ranil Wickremesinghe and will also be shared with political leaders, the Central Bank Governor, and the Treasury Secretary to encourage a

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Economics

Sri Lanka Reduces Bus Fares by 5.07%; Public Transport Declared Essential Service

Bus fares in Sri Lanka will be reduced by 5.07 percent from midnight on July 1, as announced by the National Transport Commission. The minimum fare will decrease by 2 rupees, from 30 to 28. “We considered 12 factors for the revision, including costs of tyres, tubes, battery and spare parts, interest rates, and bus

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