MMBL- Pathfinder Joint Venture Intertek Lanka, the MMBL-Pathfinder joint venture with Intertek Caleb Brett (UK) is known for its expertise in qualitative and quantitative analytical assessment services to the oil and gas, chemical, and other commodities markets. In early 2021 Intertek Lanka invested in the Hambantota International Port, establishing an on-site state-of-the-art petroleum testing la...

Friday 3rd November, 2023 The latest VAT hike has come as a double whammy for the public, who are reeling from extremely high taxes and tariffs, not to mention the soaring cost of living. The SLPP politicians seem to be deriving some perverse pleasure from the predicament of the people, who rose against them and […]

Sinopec Energy Lanka (Pvt) Limited  the Beijing-based oil and gas giant s subsidiary in Sri Lanka  has also revised the prices of its petroleum products in keeping with the amended rates announced by Ceypetco and Lanka IOC.

Fuel prices will be revised with effect from midnight today (Oct. 31), the Ceylon Petroleum Corporation (Ceypetco) announced.

by Eng Parakrama Jayasinghe parajayasinghe@gmail.com  Electricity consumers reeling from the massive increase in tariff in February (adjusted somewhat in July 2023) were naturally appalled by the request for a further increase by the Ceylon Electricity Board (CEB).  A public consultation was held on 18 October 2023 by the Public Utilities Commission of Sri Lanka (PUCSL) […]

by Zinara Ratnayake It’s Lansi food,” Stephanie Herft begins to describe lamprais. Herft is the founder of Lansi’s, a home-based food delivery business that began in May 2019, in Colombo. I’m talking to Herft over the phone on a Sunday evening. She had just delivered a carton of lamprais, a Sunday afternoon staple at Lansi […]

United Nations chief Antonio Guterres has renewed his demand for a ceasefire in Gaza and said that international law was being violated in the war between Israel and the Palestinian armed group Hamas. Israel has bombarded the besieged Gaza Strip relentlessly since October 7, when Hamas launched a surprise attack on southern Israel, killling at […]

National security oversight committee head slams HRC, questions US Ambassador’s conduct By Shamindra Ferdinando Chairman of Parliamentary Sectoral Oversight Committee on National Security retired Rear Admiral Sarath Weerasekera, MP, has alleged that flaws in the government’s defence strategy particularly security lapses contributed to the unprecedented crisis that forced President Gotabaya Rajapak...

By Gamini Seneviratne It was just twenty years ago that George W Bush of the USA declared that Saddam Hussein possessed Weapons of Mass Destruction (WMD) that threatened the security of The Free World. Today, we are presented with a whole range of similar – and much worse – fictions by and on behalf of Israel. It […]

A daily pricing formula for fuel is set to be introduced in introduced in Sri Lanka in February 2024.

The Rafah border crossing between Egypt and Gaza has opened to let a small amount of desperately needed aid flow to Palestinians running short of food, medicine and water in the territory that is under an Israeli siege. A convoy including 20 aid trucks entered the Gaza Strip on Saturday from Egypt, carrying medicine and […]

IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported programme. Sri Lanka will have access to SDR 254 million (about 330 million U.S Dollars) in financing once the review is approved by the IMF Management and IMF Executive Board. Macroeconomic […]

The State Minister of Power and Energy D.V Chanaka during a press briefing held today (19) at the Presidential Media Centre (PMC) under the theme ‘Collective Path to a stable country’.stressed that there is no threat of fuel a shortage and emphasized that the necessary tenders for fuel import