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 stocks of petroleum products and coal for power generation and fuel supply. In a tweet on September 23, Wijesekara emphasized that all institutions under his purview are now operating with positive balance

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Business

Australia’s United Petroleum to Launch Operations in Sri Lanka on August 28

Australia’s United Petroleum Pvt. Ltd. is set to begin operations in Sri Lanka on August 28 under the banner of United Petroleum Lanka. The company’s Operations Manager announced that the fuel ships have arrived and are in the process of unloading. The company plans to kick off fuel distribution through 20 filling stations initially operating

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