Yala cultivation of 512,000 ha would be record

Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.

A second ship carrying 120,000mt crude oil is expected on the following week.

Workers who appeared for the test will also be given the opportunity to appear in another field next year.

Gunasekara said, under the current circumstances, the production cost per egg is 49 rupees which is above retail price.

By Samarakoon Bandara A large number of persons with Non Communicable Diseases (NCD) are not taking prescribed medicines due to economic difficulties, and thus hospitals are filling up due to complications, Dr. Palitha Rajapaksha, the assistant secretary of the Government Medical Officers Association (GMOA) says. There were about three million people, over 60 years, and […]

In August alone 2,924 new cases were recorded in Sri Lanka, with 84 deaths attributed to the disease.

"We are seeing the pressure on the rupee easing as a result of exports growing and imports contracting."

‘Inflation will not be as high as initially expected’ Inflation will not be as high as initially expected and there are signs of economy stabilising, Central Bank Governor Dr. Nandalal Weerasinghe says.Dr. Weerasinghe said that during the past few months a number of initiatives had been made to improve the economy and they were yielding […]

The grant was given in response to a request by Sri Lanka’s government.

By Hiran H.Senewiratne The CSE turned negative yesterday having traded with a bullish run for 12 consecutive days due to profit- takings of many counters, especially blue-chip counters. This development could be considered as the market correction, stock market analysts said. Sri Lanka’s shares fell over 1 per cent in mid-day trade, pulled down by […]

The manufacturing PMI declined to 41.4 from 44.1

To carry the extra fuel, we can't carry all the freight we like to into the country

"Around 40 percent of the supply comes from the SME sector while around 60 percent comes from large scale suppliers."

90 percent of fuel distribution in Sri Lanka is done by the state-run Ceylon Petroleum Corporation.

by Jehan Perera The government appears to have secured political stability in the short term.  So far President Ranil Wickremesinghe’s efforts to restore stability appear to be working. Political stability is necessary for decisions to be made and kept.  It is a necessary element for international support to come in.  One of the IMF’s conditions […]

The above statement was made by Manusha Nanayakkara our Labour & Foreign Employment Minister. How the Minister is going to do it is not known.I wish to make a few suggestions to the Minister for his consideration to implement his proposal. Tourists, migrant workers and the dual citizens were the people whom the Minister referred […]

Sri Lanka has been in discussion to go for nuclear power from 2010.

Difficulties procuring insurance, as well as logistical and security concerns, were some of the issues raised by sponsors and broadcasters that led to the Asia Cup being shifted from Sri Lanka to the United Arab Emirates, Sri Lanka Cricket has revealed. “They felt that the situation in Sri Lanka was not conducive to garner the […]

Sri Lanka motorists say the waiting time to pump fuel has reduced significantly.