Economics

CPC Reports Profit Decline Amid Falling Oil Import Costs

Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) has reported a steep decline in profits for the first half of 2024, with net earnings.

  • November 4, 2024
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Economics

Sri Lanka’s Power & Energy Sector Strengthens Under Outgoing Minister

Sri Lanka’s outgoing Power and Energy Minister Kanchana Wijesekara has announced that he leaves the ministry in a stronger financial position, with sufficient.

  • September 24, 2024
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Business

Sri Lanka Awards Crude Oil Supply Contract to Vitol Asia (Singapore)

Sri Lanka’s Cabinet has approved a contract for the purchase of three shipments of Murban crude oil from November 15, 2024, to April.

  • August 23, 2024
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Finance

Sri Lanka Keeps Fuel Prices Steady for Aug 2024

Sri Lanka’s retail fuel prices will remain unchanged for August 2024, according to the state-run Ceylon Petroleum Corporation (CPC). The CPC was expected.

  • August 1, 2024
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Economics

Sri Lanka Reduces Bus Fares by 5.07%; Public Transport Declared Essential Service

Bus fares in Sri Lanka will be reduced by 5.07 percent from midnight on July 1, as announced by the National Transport Commission..

  • July 2, 2024
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