Facebook Pixel Fuel distributors seek President's intervention over revised commission structure | Daily FT - newspaper - Lisez cet article sur Magzter.com
Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

Fuel distributors seek President's intervention over revised commission structure

Daily FT

|

April 22, 2026

Notes revised model is financially unsustainable

THE Petroleum Distributors' Association has appealed to President Anura Kumara Dissanayake, calling for urgent intervention to revise the current fuel dealer discount mechanism, warning that the existing system threatens the viability of filling stations across the country.

In a letter to the President, the association noted that the efforts to resolve the issue through discussions with institutions including the Ceylon Petroleum Corporation (CPC) had failed, prompting escalation to the highest level.

At the centre of the dispute is Circular No. 1109, issued on 25 February 2025 and implemented from 1 March 2025, which introduced a new commission structure.

PLUS D'HISTOIRES DE Daily FT

Daily FT

Daily FT

Nicotine products: Separating facts from fiction

TWO common characteristics of the twenty-first century smoker are: (1) they are well aware of the health-risks associated with their habit of choice; and (2) they have repeatedly tried to quit but somehow found themselves back at the mercy of a smoke.

time to read

3 mins

April 23, 2026

Daily FT

Daily FT

When marriages fall apart: No “Happily Ever After” in extramarital affairs

FOR her, it started as something harmless, just a casual chat, a friendly exchange that felt innocent enough.

time to read

2 mins

April 23, 2026

Daily FT

Daily FT

EFC Industrial Relations Handbook

THE latest edition of the Handbook of Industrial Relations was recently released by the Employers’ Federation of Ceylon.

time to read

1 min

April 23, 2026

Daily FT

Daily FT

Mastercard strengthens digital payments ecosystem with two major launches

New Soundbox and Cloud Commerce solutions make digital payments easier and more affordable for small businesses

time to read

2 mins

April 23, 2026

Daily FT

Daily FT

Food Studio opens Primo and Smashy at Arcade Independence Square

FOOD Studio has expanded its footprint with the opening of Primo and Smashy at Arcade Independence Square, marking an important step in the company’s growth strategy as it takes two of its strongest concepts beyond traditional mall spaces.

time to read

2 mins

April 23, 2026

Daily FT

Daily FT

Chef Luo takes over Golden Dragon with a Chinese culinary extravaganza

A celebration of authentic Chinese flavours is set to take center stage at the Golden Dragon, as Taj Samudra, Colombo hosts a special culinary promotion featuring acclaimed guest chef, Chef Luo.

time to read

1 mins

April 23, 2026

Daily FT

Daily FT

Why systems thinking is the next step for clinical governance in Sri Lanka

A child presents to a busy private clinic with persistent headaches.

time to read

3 mins

April 23, 2026

Daily FT

Daily FT

Antyra Solutions secures Google Premier Partner status for third consecutive year

ANTYRA Solutions has once again been recognised as a Google Premier Partner in 2026, marking the third consecutive year the agency has achieved the distinction under Google's Partners program.

time to read

2 mins

April 23, 2026

Daily FT

Daily FT

Sixth edition of Lanka Premier League on 10 July

THE Lanka Premier League (LPL) 2026 will be held from 10 July to 5 August, states a Sri Lanka Cricket (SLC) media release.

time to read

1 min

April 23, 2026

Daily FT

Daily FT

Are banks making profits at the cost of the economy?

Sri Lanka's banking sector posted Rs. 539.2 billion in pre-tax profits in FY2025 — 1.65% of GDP — even as households pawned gold to survive. This investigation examines who bears the cost

time to read

7 mins

April 23, 2026

Listen

Translate

Share

-
+

Change font size