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Ceylon Association of Shipping Agents (CASA) has gifted 100 bicycles to the port
"It’s the overall uncertainty in the system," a market analyst said.
More diesel arrived in Sri Lanka from India as part of the assistance offered to Sri Lanka by India. A shipment of 40,000 MT of diesel supplied under Indian assistance reached Colombo last evening, the Indian High Commission in Colombo said today. On 23 May 40,000 MT of petrol arrived in Sri Lanka from India […]
Media reports showed long queues still in Badulla, Polonnaruwa, Nuwara Eliya and Hatan areas.
Litro was unable to distribute canisters since May 24, as it had exhausted all its stock.
Ceylon Petrolem Corporation needs 554 million US dollars to import oil in June
Sri Lanka Police says that another 37 persons have been arrested for illegally storing fuel for the purpose of selling at a higher price.
Sri Lanka’s fuel crisis is proving beneficial for Thiruvananthapuram airport. SriLankan Airlines, owned by the government of the island nation, has chosen the capital as the refuelling and crew...Click on the headline to read the full story
The president has requested in writing from several countries including Russia to buy oil.
By Easwaran Rutnam A protest march was held today to mark 50 days of the struggle at Galle Face in Colombo. The march, which began at Colpetty, saw the participation of trade unions, university students, and several ordinary citizens. The march went along Galle Road and through Galle Face where they were joined by religious […]
A mobile app that came into operation on Friday has detected more than 2,300 vehicles obtaining fuel twice within 24 hours, police said.The post Mobile app nets in around 2000 vehicles topping up...Click on the headline to read the full story
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Minister of Power and Energy Kanchana Wijesekara says 1,000 metric tonnes of diesel are expected to be produced daily from the Sapugaskanda Oil Refinery once it recommences operations.
India has gifted 15,000 liters of kerosene to fishermen in several islets in the North of the island
Sri Lanka's pharmaceuticals suppliers are hit by payment delays and are also facing regulatory delays
Prime Lands Residencies PLC (PLR) has posted a record profit before tax of LKR 1,848 million for FY 2021/22 while maintaining a profit after tax of LKR 1,682 million. The company has announced an interim dividend of Cents Seventy (-/70 Cts.) per Ordinary Share for the year ended 31st March 2022. Commenting on the results, […]
Possibility of increasing and restructuring the assistance provided by India in the form of credits
The Go Gota Gama protest site at Galle Face marks 50 days today (Saturday). The protest began on 9th April after Sri Lanka began to suffer a serious economic crisis resulting in a shortage of fuel, gas and enforced power cuts. Protesters gathered at Galle Face, near the entrance to the Presidential
Investors are waiting for cues from budget proposals, new government's policies to achieve stability
Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel.The post Sri Lanka Takes Russia Oil as...Click on the headline to read the full story
The Philippines says it is ready to evacuate its nationals employed in Sri Lanka, owing to the economic crisis. Malacañang, the Philippines President’s Office, said that it has advised overseas Filipino workers (OFWs) who are seeking repatriation from Sri Lanka to get in touch with either the Philippine embassy in Dhaka or the Honorary Consulate […]
Rajapaksa supporters' attack on unarmed protesters hit smalltimers who saw booming business at Gota Go Gama.
Diesel and Fuel Oil requirements of Industries to function their Generators and Machinery
Russian oil is being supplied to Sri Lanka to produce fuel at its sole refinery as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be processed at Ceylon Petroleum Corp.’s refinery in Sapugaskanda,chairman Sumith
The police have seized another stock of fuel hoarded to be resold for higher prices. One suspect was arrested in the raid carried out in Suwarapola, Piliyandala.
"This will ease the burden on CPC and fuel stations providing in bulk."
The operations at the Sapugaskanda oil refinery will commence again today (May 27) and producing Fuel Oil will start in six days, Power and Energy Minister Kanchana Wijesekera said.The post...Click on the headline to read the full story
An International Monetary Fund (IMF) team has concluded a virtual mission to Sri Lanka during which it was noted that Sri Lanka must give an assurance that debt sustainability will be restored. The IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on […]