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Friday November 13th, 2026
Energy

Sri Lanka to allocate 10 Mn USD for solar projects for Buddhist temples

"We aim to provide a solution to the problem of increasing electricity bills to religious places."

July 22, 2023 1 min read

Sri Lanka, India sign MoUs on renewable energy cooperation

A Sri Lankan delegation to India led by President Ranil Wickremesinghe has discussed energy cooperation policy plans.

July 22, 2023 1 min read

Sri Lanka water tariff hike to unlock $200 mln ADB fund for budget support - minister 

Sri Lanka's economic crisis has shut down the doors for commercial fundings

July 19, 2023 2 min read

Sri Lanka proposes adding gas to oil pipeline with India

I requested them to look at a two-way oil & gas pipeline

July 15, 2023 1 min read
Sri Lanka's CEB and LECO borrows from ADB under Treasury guarantees

Both agencies have cashflows to manage as long as price hikes are allowed by the regulator

Sri Lanka cannot decide on Adani wind project until court decision: Minister

The court has not given a decision yet

Sri Lankan coal power plant fly ash for brick production

ECONOMYNEXT – Fly ash from Sri Lanka’s Norochcholai power plant burning coal to generate electricity will ...

September 12, 2018 1 min read

Sri Lanka to license more lube brands with entry barriers

Sri Lanka has invited more players to import, export and blend lubricants in a new licensing round with several entry ba...

September 11, 2018 3 min read

Sri Lanka petrol hiked to Rs149, diesel Rs123

ECONOMYNEXT - Sri Lanka will raise fuel prices from midnight Monday, 10 September with the price of 92 Octane petrol ris...

September 10, 2018 2 min read

Sri Lanka mulls more offshore seismic surveys for oil

ECONOMYNEXT – Sri Lankan authorities are considering more offshore seismic surveys in the search for oil and gas ...

September 4, 2018 1 min read

Schlumberger unit begins seismic surveys in Sri Lanka's North East seas

Eastern Echo DMCC, a unit of oil services group Shlumberger and Total of France has begun a seismic survey in the seas o...

September 2, 2018 1 min read

Sri Lanka's Laugfs Gas loss narrows further in June quarter

ECONOMYNEXT – Sri Lanka's Laugfs Gas Plc has managed to narrow losses in the June 2018 quarter to Rs247 million f...

August 16, 2018 2 min read

Gulf Petrochem gets Sri Lanka refined petroleum products deal

ECONOMYNEXT – Gulf Petrochem FZC of the United Arab Emirates is to be given contracts for supplying refined petro...

August 15, 2018 1 min read

Sri Lanka petrol, diesel prices unchanged in August, premium fuels up

Sri Lanka's 92-Octane standard petrol will be held at 145 rupees a litre and auto diesel at 118 rupees, but premium fuel...

August 10, 2018 1 min read

Indian Oil’s Sri Lanka unit back in profit in June quarter

ECONOMYNEXT – The Sri Lankan unit of Indian Oil Corporation (IOC) returned to profit in the June 2018 quarter wit...

August 6, 2018 1 min read

Sri Lanka to call for oil exploration bids in Mannar, Cauvery basins

ECONOMYNEXT – Sri Lanka’s government is to invite international oil and gas multinational companies to exp...

August 1, 2018 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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
Source: Central Bank/Indicative
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
Source: Central Bank/Indicative
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
Source: CSE
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
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Sri Lanka Chevron unit gets new chief executive

ECONOMYNEXT - Chevron Lubricants Lanka Plc said Patrick McCloud is to become chief executive and managing director from ...

July 18, 2018 1 min read

Sri Lankan state refiner sells kerosene at heavy loss

ECONOMYNEXT – Sri Lanka’s state oil refiner, Ceylon Petroleum Corporation, is selling kerosene at a loss o...

July 18, 2018 1 min read

Sri Lanka power generation grows near double digits in 1Q, 2018

Sri Lanka's power generation expanded 9.6 percent to 3,838 GigaWatt hours (millions of units) in the first quarter of 20...

July 18, 2018 1 min read

Sri Lanka fuel pricing delay came from petroleum minister

Sri Lanka's state-run Ceylon Petroleum Corporation delayed the implementation of formula pricing last week, over a reque...

July 16, 2018 2 min read

Sri Lanka finance minister in battle to de-politicize fuel pricing

Market pricing fuel strengthens the economy, and any benefit of falling prices will also come without political interfer...

July 14, 2018 6 min read

Sri Lanka to go ahead with price formula; ad hoc policy may end

Sri Lanka is set to implement a fuel price hike by formula, which was reportedly scuttled by President Maithripala Siris...

July 10, 2018 2 min read

Sri Lanka state retailer delays formula price hike; LIOC allowed to go ahead

Sri Lanka's finance ministry said the state fuel distributor is delaying a price hike under a formula until next week, a...

July 6, 2018 1 min read

Confusion over Sri Lanka fuel price hike

Sri Lanka's fuel stations were pumping petrol and diesel Friday afternoon while a lawmaker asked questions in parliament...

July 6, 2018 1 min read

Sri Lanka raises petrol, diesel prices, future revisions weekly

Sri Lanka is tipped to raise prices under a price formula from midnight on July 05, and changes are expected to happen w...

July 5, 2018 1 min read

SriLankan Airlines, state refinery reach deal on fuel payments

ECONOMYNEXT –SriLankan Airlines has struck a deal with state-owned fuel refiner Ceylon Petroleum Corporation (CPC...

July 4, 2018 1 min read