Notable
Mannar 50MW plant expected in 2027
CPC has been given the tanks on a 50-year lease.
Operating loss reduced with other income
To be built on four reservoirs
A deficit of LKR 13,094 million has been estimated for the period from January to March 2026 requiring a tariff increase
The procurement will see additional four types of Litro cylinders coming to market up to 2027
Sri Lanka is currently going through a debilitating heat wave.
A financial and human resource audit is planned
Despite intense political concern with Buddhism and socialism, Ambedkar strangely relegates them to separate spheres.
The meters will be installed in the Dehiwala area
New players being able to import and supply fuel to the country will also reduce the over-reliance on the CPC
Sri Lanka faced fuel shortage last year before a political crisis-led public protests ousting former leader
Sri Lanka imposed fuel quota in August last year to limit consumption amid shortage
Also attempting to re-start suspended Japanese funded terminal.
Sri Lanka rupee appreciation has also contributed to price drop - Litro chief
Sri Lanka’s electricity prices have more than doubled in the last 12 months
| Latest | Last | |
|---|---|---|
| US Dollar | 332.5018 | 332.3603 |
| UK Pound | 440.0661 | 440.9424 |
| Euro | 367.7137 | 368.4879 |
| Yen | 2.0793 | 2.0805 |
| Aus Dollar | 226.4670 | 227.4342 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5357 | 3.5474 |
| Korean Won | 0.2494 | 0.2492 |
| Oman Rial | 863.5962 | 863.2287 |
| Saudi Riyal | 88.5939 | 88.5586 |
| UAE Dirham | 90.5259 | 90.4874 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,293.72 | -1.13% |
| CSE All Share | 22,024.18 | -0.60% |
| Turnover Rs | 3232.70 million | 2975.05 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 | - | - |
"We hope to reduce it by 8-10 percent and will be applied from tomorrow."
CPC trade unions have been powerful and challenged successive governments in the past
Protesters demanded the abolishment of
Price revision date advanced on President's advice - Minister
Union leaders sent on compulsory leave CPC says
The protest has disrupted fuel distribution
There were on-going discussions on "bringing an oil pipeline from India to Trincomalee
Sinopec has been eying Sri Lankan market for a long time, government officials say
Fuel prices have been more than tripled in the last 12 months after the country faced shortage
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