The company delivered more than a quarter of first-class post late, with only 74% arriving on time in the 2022-23 financial year, far below its statutory target of 93%.
About half of the projected financial savings from the Euro 7 standards on car emissions law could be lost due to damage caused by excess production of nitrogen dioxide.
The Deputy Prime Minister said the country will continue its voluntary cut of 300,000 barrels per day of crude oil and petroleum products until the end of December 2023.
The Port of Colombo has been operating near its capacity since 2021, meaning the new terminal will enable the continued growth of economies located in the Bay of Bengal.
Sheep prices have slumped, with older animals fetching an average of just $22 in October 2023 and some reports of animals selling for less than a dollar a head.