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Friday November 13th, 2026
Energy

Sri Lanka CEB's rating outlook lifted to positive by Fitch

'B (;ka) rating confirmed

July 13, 2023 3 min read

Sri Lanka in talks with China's AIIB for US$220mn for power sector

Energy permit for a 50MW solar plant to be issued

July 9, 2023 1 min read

Sri Lanka electricity reforms to parliament in September: Minister

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July 7, 2023 2 min read

Sri Lanka energy minister expects first Sinopec fuel cargo this month

Sinopec will use Ceypetco brand first as they need 10-15 days to change their own logo, do branding - minister

July 5, 2023 1 min read
India eyes joint Sri Lanka offshore wind power development in Palk Straits

Sri Lanka's CEB is developing two off shore sites, for wind power, with one location off Mannar

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
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’s Didul gets 10MW solar power deal

ECONOMYNEXT - The Sri Lankan government has given Didul (Pvt.) Ltd. a contract to build a 10 megawatt solar power plant...

July 4, 2018 1 min read

Sri Lanka's CPC loses Rs11.1bn up to April 2018

Sri Lanka's state-run Ceylon Petroleum Corporation has lost 11.1 billion rupees in the first four months of 2018, agains...

July 4, 2018 1 min read

Sri Lanka launches Euro-4 fuel

Sri Lanka’s state-run Ceylon Petroleum Corporation has launched Euro-4 standard fuel replacing 95-Octane petrol a...

July 2, 2018 1 min read

Sri Lanka cuts domestic LPG price by 8-pct

Sri Lanka’s consumer affairs authority has cut the price of a standard domestic liquefied petroleum gas cylinder ...

June 29, 2018 1 min read

Sri Lanka formula fuel price on 5th of every third month

Sri Lanka which raised fuel prices in May after a long period of subsidies will apply formula pricing on the 5th day of ...

June 27, 2018 1 min read

Sri Lanka's CPC eyes 60-pct of bitumen market

ECONOMYNEXT - Sri Lanka's state-run Ceylon Petroleum Corporation said it is planning to win 60 percent of the domestic b...

June 21, 2018 1 min read

Sri Lanka's Sunshine Holdings eyes solar and wind power

Sri Lanka's Sunshine Holdings Plc, which is already in hydro power generation is planning to enter the solar and wind en...

June 19, 2018 1 min read

Sri Lanka’s CPC says oil pipeline will be fixed in two days

Sri Lanka’s petroleum ministry said a damaged pipeline running from a mooring byouy will be fully repaired in two...

June 18, 2018 1 min read

Sri Lanka Laugfs Gas ramps up regional trading operations

ECONOMYNEXT – Sri Lanka’s Laugfs Gas group, which supplies liquid petroleum gas, is ramping up trading ope...

June 18, 2018 3 min read

Sri Lanka to sell 92-petrol and auto diesel after Euro 4 fuel

Sri Lanka will continue to sell 92-Octane fuel and standard auto diesel next month, an official has said.

June 16, 2018 1 min read