Sri Lanka’s National Transport Commission (NTC) has implemented a 4.24% reduction in bus fares, effective from midnight on October 1, in response to a drop in diesel prices. The minimum bus fare has decreased from 28 rupees to 27 rupees. This fare adjustment applies to all categories of buses, including normal, semi-luxury, luxury, and super-luxury
Inflation in the Colombo district decreased in September, following a significant slowdown in August, as both food and non-food prices declined due to increased supply conditions and reductions in fuel prices and water tariffs. According to the Colombo Consumer Price Index (CCPI), the key inflation measure, prices fell by 0.5% in September 2024 compared to
The Central Fish Market Association (CFM) has called on the newly elected government led by President Anura Kumara Dissanayake to address the rising prices of fishing gear, which have severely impacted the fishing industry. CFM Chairman Jayasiri Wickramarachchi stated that the entire fishing community cast their vote for the President and now seeks immediate intervention
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 to announce its monthly formula-based fuel prices effective from midnight on July 31. Previously, the CPC reduced petrol prices by 11 rupees to 344 rupees per litre and 95 Octane petrol by
The Ceylon Petroleum Corporation (CPC) has announced an immediate reduction in fuel prices. The new prices are as follows: There are no changes in the prices for a litre of Lanka Super Diesel 4 Star Euro 4, which remains at Rs. 317, and a litre of Lanka Kerosene, which stays at Rs. 202.