Notable
The total project cost stands at 3.04 million dollars and 2,796.14 million rupees, excluding Value Added Tax (VAT).
Petrol, Murban crude oil and diesel contracts to Singapore-based Vitol Asia and Aditya Birla Global Trading
Energy sector stakeholders identify priorities to accelerate Sri Lanka's renewable energy transition
Fuel queues have re-appeared in Colombo.
CB Governor in August expected inflation to ease to 5% towards end of this year if oil prices remain UAS80 per barrel
Sri Lanka’s fuel prices face severe upward pressure from spiking global oil rates and surging supplier premiums
The platform has 2,500+ users providing live updates according a message circulating on social media.
Sri Lanka has entered into tripartite deal with India and UAE to develop 61 tanks in Trincomalee
Initiative aims to shield over 4,500 exporters, spread across apparel, tea, spices, and other key industries
Trading in foreign currency is usually not permitted in Sri Lanka
New QR code registering motorist faced challenges
The government accuse some groups illegally purchasing excess fuel illegally
Sri Lanka was also hit by US sanctions on Iran in 2012
"A necessary deterrent against a looming supply crunch "
The gas price increase follows Monday’s increase in fuel costs.
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Sri Lanka has already raised fuel prices over soaring global oil prices after U.S./Israel's attack on Iran
Sri Lanka officials had said petrol and diesel stocks were adequate, before global oil prices surged more than 20 percen
Debenture liability has been assigned to Electricity Distribution Lanka (Pvt) Limited
Sri Lanka has yet to buy at new prices
Extraordinary Gazette announced that the provisions of the new act will come into operation next Monday (9).
“This will add roughly 10 days of additional storage capacity to our reserves,” Dissanayake said.
Several shipments, including one carrying 35,000 metric tons, will arrive on schedule, he said.
Motorists stay in long queues to fill tanks
The geopolitical shockwave could unsettle President Anura Kumara Dissanayake’s plans
The project was implemented through Vidul Madampe Solar Power (Pvt) Limited, a fully owned subsidiary of Vidullanka PLC.
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