Notable
All four blocks have a cumulative area of over 30,000 sq, km
300,000 smart meters with a Time-of-Use billing system over the next two years
Significant natural gas accumulations in two offshore wells within the deepwater Mannar basin have been discovered
Designating the transmission link as a Special Project is necessary to secure vital exemptions from Value Added Tax, cus
Government has already provided Rs.41 bln subsidy for three months through December
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
Capacity building programme in India for Ceylon Electricity Board engineers
It is also exploring a Russian oil deal amid fuel shortage, price hike
Sri Lanka likely to hit further if it cannot secure fuel in near future
Yet another committee with the same set of experts
Sri Lanka grapples due to fuel shortage, global price hike amid Middle East war
Investment for the project estimated at Rs1.73bn, structured on an 80:20 debt‑to‑equity financing model
CPC losses Rs.204.56 loss per litre at the moment
Before price hike, government increased weekly fuel quota
| 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’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.
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