Notable
Sri Lanka witnesses slow down in high-spending foreign visitors in March 2026
The CEB sought a tariff increase of 13.56 percent
Sri Lanka has raised fuel prices to near 2022 economic crisis level amid shortage fears
Sri Lanka has faced fuel shortage since the start of US/Israel strike on Iran
The project will be on a build, own and operate (BOO) basis, the BoI said.
Fuel import bill in the first five months of 2026 has risen over 62% compared to the last year
Investors need confidence to take bold steps in new markets
.
Closing date July 09
This process is now underway and the LNG supply is planned to start in 2028
Sri Lanka faced a severe fuel shortage and long queues in 2022
Otherwise the emergence of cartels cannot be prevented
Murban crude is still lower than December numbers
See sawing prices have economic and political costs
You cannot do it overnight, but there should be some way of moving forward and narrowing it
| 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 | - | - |
CEB published photos of downed lines and broken poles
Bids were invited from registered suppliers of Ceylon Petroleum Corporation and 7 bidders submitted bids.
Four tariff hikes under over two years
CEB has sought 18.3 percent price hike in the second revision of 2025
IMF program in abeyance due to CEB losses
In 2024 March quarter profits were also bloated by capital gains
China's move comes after US funding cut for climate change, Indian Adani's withdrawal
Gov to call for investment proposals for oil and natural gas exploration and production in 4 blocks in Mannar Basin
The fact that Spain has a high production of electricity from renewable sources has no link to the grid failures
Sri Lanka is moving towards carbon neutral goal by 2042
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
4 min read