Sri Lanka, May 3 -- Operators have confirmed that bus fares will not be revised despite the latest fuel price revision yesterday (02).

Speaking at a media briefing today, the Chairman of the Lanka Private Bus Owners' Association (LPBOA), Gemunu Wijeratne stated that although fuel prices have risen, private bus operators are currently absorbing the financial burden as they lack the legal provision to request a fare revision at this time.

He noted that bus owners are already incurring losses in daily operations.

Short-distance services reportedly face losses of nearly Rs. 500 per day, while long-distance services incur losses of around Rs. 1,500 daily, according to the LPBOA Chairman.

Wijeratne further claimed that the annual bus fare r...