Notable
The move is considered in the light of the development of a tank farm in Trincomalee
Plans to modernize refinery and extend its life
They plan to sign the agreement with the BOI and obtain the license to operate by mid this year
Energy utilities are among the worst hit by discretionary monetary policy
Laugfs says US sanctions counsel hired to conduct compliance review
Sri Lanka motorists demand fuel as shortage has limited fuel supply.
Next fuel ships on May 16, two more ships expected in the month
Ending tendering by changing the law has created space to buy power
I hope to have this system in place by the 1st week of July
CEB Chairman Ferdinando withdraws statement to parliament
Competitive tenders ended for IPPs
Engineers launch the first strike since 1996 began at June 08 midnight
Changes to Act will allow prices to be administratively decided
The measures include a surcharge for petrol users and sharp increase in revenue licence.
Currently fuel issues reduced
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 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 | - | - |
“At the end of these three difficult weeks, we shall try to supply fuel and gas without disruptions."
Unions say competitive bidding could sharply reduce payments to foreign firms
CPC Chairman Sumith Wijesinghe has said 800 metric tonnes of diesel will be distributed to the market on Monday.
.
Three-wheel drivers have been significantly affected by the fuel shortage, price hike
Sri Lanka is currently facing the worst economic crisis in its post-Independence history.
The president has requested in writing from several countries including Russia to buy oil.
"This will ease the burden on CPC and fuel stations providing in bulk."
Sri Lanka's refinery was closed in March due to dollar shortage prevented crude imports
Sri Lanka sees a growing black market for fuel amid acute shortage
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