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  • 12
    Jan

    LAUGFS into housing projects

    news

    NEW VENTURE: LAUGFS Property Developers (Pvt) Ltd., has entered the fast growing condominium market with a development known as Havelock Havens, located at Maya Avenue, Colombo 6 is a prime location w...

  • 25
    Jan

    Liberalization of the Lubricant market

    The Cabinet has granted its approval to a Memorandum submitted by Hon. A.H.M. Fowzie, the Minister of Petroleum and Petroleum Resource Development, to liberalize the lubricant market and enter in to r...

  • 26
    Jan

    3 short listed to enter lubricant market

    The Cabinet has granted its approval to a Memorandum submitted by A.H.M. Fowzie, the Minister of Petroleum and Petroleum Resource Development, to liberalise the lubricant market and enter in to releva...

  • 27
    Jan

    Over ten local and foreign firms bid for

    August 28, 2006 (LBO) – Just over ten foreign and local firms put in bids for a license to market lubricants in Sri Lanka, when offers closed on Monday, a top official said. Sri Lanka threw ope...

  • 06
    Feb

    LP Gas output of Sri Lanka state refiner

    Ceylon Petroleum Corporation would call open tenders to sell the liquid petroleum gas produced at its refinery, Petroleum Minister A H M Fowzie said LAUGFS Gas, the company which had a 5-year contract...

  • 09
    Feb

    CPC going for open tender on LPG?

    Ceylon Petroleum Corporation (CPC) is analyzing going for a open tender to sell Liquid Petroleum Gas (LPG). Chairman of the CPC Asantha de Mel told the Daily News that they are in the process of check...

  • 06
    Apr

    Laufgs enters lubricant market

    NEW PRODUCT: Laufgs has been given the go-ahead by the Government to import, distribute and sell their branded lubricants in Sri Lanka. The official agreement with the Government is to be signed next ...

  • 06
    Apr

    LAUGFS Gas aims to be multinational with

    LAUGFS Gas Company will be exploring new horizons down under with an investment of Australian $ 2 million in the auto gas conversions sector, which will be kicking off operations by the end of this mo...

  • 08
    Apr

    Big time for LAUGFS, as it wins lubrican

    news

    The LAUGFS group this week won a hard-fought licence to market lubricants in a battle that nearly ended in courts owing to what is said was unfair criteria. The organization also announced plans to en...

  • 15
    Apr

    LAUGFS to enter Australian auto market w

    news

    LAUGFS Gas Company, a pioneer auto gas converting company in Sri Lanka will enter the Australian Auto market with an investment of Australian $ two million. The first Sri Lankan team of Auto gas conve...

  • 20
    Apr

    Laufgs enters lubricant market

    AGREEMENT: LAUGFS Holdings signed an agreement with the Government yesterday to engage in the business of importing and selling lubricants in Sri-Lanka. LAUGFS was first to sign the agreement with the...

  • 22
    Apr

    Laufgs signs lubricant deal with Governm

    news

    LAUGFS Holdings Ltd signed a historic agreement With the Government of Sri Lankan on Thursday to engage in the business of import and selling of lubricants in Sri Lanka. "LAUGFS" was first to sign the...

  • 08
    May

    Gas prices to go up amid shortage in Sri

    May 08, Colombo: Sri Lanka government has nodded a price hike for Shell and LAUGFS gas companies from 26th May while a shortage prevails in the local market. Shell gas distribution has lessened since ...

  • 11
    May

    President meets Shell, LAUGFS to resolve

    news

    President Mahinda Rajapaksa yesterday had a meeting at Temple Trees with the main LP Gas suppliers Shell and LAUGFS along with the officials of the Consumer Affairs Authority and Treasury to resolve t...

  • 11
    May

    President intervenes to resolve gas cris

    President Mahinda Rajapaksa yesterday urged Gas Companies to sort out their grievances with the Consumer Affairs Authority (CAA) in a manner the consumer public will not be unreasonably burdened. Foll...

  • 15
    May

    Sri Lanka’s gas prices increased prior

    May 15, Colombo: Sri Lanka’s gas prices were increased from midnight yesterday prior to the earlier decided due date of 26th May. Consumer Affairs Authority (CAA) has granted permission to incr...

  • 16
    May

    Gas up before due date

    Shell Gas and LAUGFS increased their LP gas prices with effect from midnight on Monday despite the Consumer Affairs Authority granting them permission for a price hike only from May 26. According to t...

  • 17
    May

    LAUGFS set to franchise rural fuel stati

    Literally fuelling another revolution LAUGFS Holdings Limited is set to franchise rural fuel stations that are being operated by private owners to upgrade their services by providing them with car car...

  • 19
    May

    LAUGFs face huge losses

    The LAUGFS Holdings Limited has incurred a heavy loss of Rs.27,000 million this month and Rs.20 million last month as the Consumer Affairs Authority (CAA) rejected the application for gas price increa...

  • 05
    Jun

    Losing Rs. 1 b, LAUGFS files FR case to

    LAUGFS Gas (Pvt) Ltd filed a fundamental rights violation petition against the Consumer Affairs Authority before the Supreme Court for a declaration from the court that it is entitled in law to effect...

  • 12
    Jun

    LAUGFS to open three more Supermarkets

    LAUGFS Holdings will open up three more Sun Up Supermarkets in Thaluwathugoda, Battaramulla and Hendala as part of its expansion drive “We are the first people to change the era of supermarkets ...

  • 19
    Jun

    Sri Lanka China Biz Council members clin

    news

    The Sri Lanka – China Business Council (SLCHBC) members who participated at the Kunming Fair for the first time returned to Sri Lanka with a success story. The Council which functions under the...

  • 01
    Jul

    President has failed to keep promises -

    LAUGFS Holdings chairman W.K.H. Wegapitiya has hit out at President Mahinda Rajapaksa for failing to promote local entrepreneurs.The statement came after the government allowed only multi-national com...

  • 01
    Jul

    Pricing formula to be implemented

    news

    Shell allowed to increase price while LAUGFS faces step-motherly treatment Despite the Supreme Court order to submit a pricing formula by July 5, 2007 to sort the current crisis in the domestic LP gas...

  • 10
    Jul

    LAUGFS supermarkets opened at two key lo

    news

    Two of LAUGFS Supermarkets were opened recently at Pannipitiya and Koswatta (left & Middle). (Right) Mr. Wegapitiya is seen in conversation with Unilever Chairman Amal Cabraal at the Pannipitiya openi...

  • 08
    Aug

    LAUGFS ventures into Australia

    news

    First step taken to becoming a multinational company; largest auto gas conversion facility in Perth LAUGFS Group announced yesterday the commissioning of its first Auto gas conversion facility in Per...

  • 12
    Aug

    LAUGFS enters Australian Auto Gas Market

    LAUGFS last week commissioned its very first Auto Gas Conversion facility in Perth, Western Australia. The facility was inaugurated in Carlisle, Perth under the patronage of the Chief Guest, Steve Aro...

  • 12
    Aug

    LAUGFS Group enters Aussie automobile ga

    The LAUGFS Group has entered the growing Australian auto gas market in big way by commissioning its first auto gas conversion facility in Perth, Western Australia. LAUGFS Australia Pty Ltd is a 100 % ...

  • 20
    Aug

    LAUGFS to invest Rs. 350 mln in tyre pla

    LAUGFS, the LPG company which has diversified into many areas including restaurants and apartments, will invest another Rs. 350 million in the next three months at their tyre manufacturing plant in Mi...

  • 03
    Sep

    LAUGFS tyres for Aussie market

    Sri Lanka is being considered as the “Capital City” of the solid tyres to the international market, which accounts for 35% of the world Solid Tyre manufacture and exports, out of which 23%...

  • 07
    Sep

    LAUGFS gas up by Rs. 188

    LAUGFS Gas yesterday announced an immediate price increase of Rs. 188 on a 12.5 kg cylinder of gas following a Supreme Court ruling that went in its favour. A domestic LAUGFS cylinder of gas will now ...

  • 07
    Sep

    SC grants permission for LAUGFS gas pric

    Following the price increase by Shell Gas Company, the Supreme Court yesterday allowed LAUGFS Gas Pvt. Limited to increase the price of a 12.5 kg LP gas cylinder from Rs. 1060 to Rs. 1248. The Court a...

  • 23
    Sep

    LAUGFS LPG import terminal to enhance su

    LAUGFS Holdings Ltd. will construct the Liquid Petroleum Gas (LPG) import terminal at a cost of US$ 10 million in the Galle Harbour by the end of this year. The import terminal which will be built on ...

  • 02
    Oct

    New gas terminal for LAUGFS

    news

    The estimated cost of this project will be US $ 10 to 15 million. LAUGFS Lanka Gas Limited will meet 50 per cent of this expenditure while the balance is expected from local banks, Ranasinghe said. "W...

  • 08
    Oct

    Wegapitiya receives Asian Grid Leadershi

    news

    LAUGFS Holdings Limited Chairman W.K.H. Wegapitiya, was recently awarded the “Asian Grid Leadership Award” for “Excellence in Entrepreneurship-2007” at the Ninth Annual Convent...

  • 14
    Oct

    Wegapitiya wins prestigious entrepreneur

    Picture shows Wegapitiya receiving the award from Prof. P.V.Ramana. LAUGFS Holdings Chairman W.K.H.Wegapitiya was recently presented the “Asian Grid Leadership Award” for “Excellence...

  • 14
    Oct

    LAUGFS Chairman wins Asian Grid Leadersh

    The Awards Committee of the 9th Annual Convention on Leadership has conferred the Asian Grid Leadership Award for Excellence in Entrepreneurship to LAUGFS Chairman W. K. H. Wegapitiya. This award has ...

  • 05
    Nov

    LAUGFS Gas wins Productivity Award for S

    LAUGFS Gas (Pvt.) Ltd, the flagship company of LAUGFS Holdings, celebrated reaching its 6th year in service to the nation by taking home the 2nd runner-up award in the Western Province at the recently...

  • 14
    Nov

    CleanCo, LAUGFS to implement vehicle tes

    news

    CleanCo Lanka (Pvt) Ltd and LAUGFS Eco Sri (Pvt) Ltd have been selected to implement the vehicle emission testing programme from April 2008.The companies will invest Rs. one billion and Rs. 500 millio...

  • 15
    Nov

    LAUGFS Gas files petition to challenge L

    SC grants permission to proceed with FR violation petition The Supreme Court yesterday (14) granted permission to proceed with the fundamental rights violation petition filed by LAUGFS Gas (Pvt) Ltd c...

  • 18
    Nov

    Clean Co and LAUGFS invest over Rs 1 bil

    news

    Two private companies Clean Co Lanka (Pvt ) Ltd and LAUGFS Eco Sri (Pvt) Ltd are to invest over Rs 1 billion to implement the Government’s Vehicle Emission Testing programme aimed at creating a...

  • 29
    Nov

    LAUGFS ventures into leisure sector

    LAUGFS Holdings is diversifying its business into the leisure sector with a Rs. 500 million investment on a small luxury hotel. The project is targeted to be completed within eighteen months, General ...

  • 02
    Dec

    Be Lankan, buy Lankan

    The winner of the Platinum award Chairman LAUGFS Holdings Limited W.K. H. Wegapitiya in an inspiring speech at the 12th annual award ceremony organised by the Federation of Chambers of Commerce and In...

  • 06
    Dec

    LAUGFS wins Lankan Entrepreneur of the Y

    Chairman of LAUGFS Holdings Limited W.K.H. Wegapitiya received the award for Sri Lankan Entrepreneur of the Year. The Sri Lankan Entrepreneur of the Year Awards ceremony organised by the Federation of...

  • 12
    Dec

    LAUGFS diversifying to property developm

    news

    LAUGFS Holdings Limited has diversified its business to property development. "We have invested Rs. 515 million on our new project "Havelock Haven" by our new venture LAUGFS Property Developers (Pvt) ...

  • 17
    Dec

    LAUGFS diversifies into property develop

    LAUGFS Property Developers launched their condominium project, Havelock Heavens, last week. The ceremonial launch was held at Ceylon Continental with the Heads of LAUGFS Holdings. LAUGFS Holdings Gene...

  • 17
    Dec

    Vehicle emission testing from 2008

    The Vehicle Emission Testing (VET) programme will be implemented in next year. It is mandatory for vehicle owners to obtain the VET certifications from 2008. The VET programme was officially launched ...

  • 30
    Dec

    LAUGFS moves into solid tyres, hotels

    LAUGFS Holdings plans to construct its own gas terminal and also expand market penetration in LP Gas both in the domestic and industrial sectors next year, the company said. Group Managing Director Th...

  • 02
    Mar

    LAUGFS chairman turns on the gas against

    LAUGFS Gas Chairman W. K. H. Wegapitiya said the Ceylon Petroleum Corporation (CPC) cannot sell Liquid Petroleum Gas (LPG) when a Supreme Court decision was pending in a case filed against the CPC by ...

  • 02
    Jan

    Operational efficiency as a key to Laug ' business exuberance

    news

    Operational efficiency, astute business planning, and strategic product diversification have made LAUGFS Holdings Ltd a big name in local energy retailing and connected businesses today. In this inter...