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Uber, PickMe in Sri Lanka ask for still higher fuel quotas
EconomyNext 1 month ago
Uber, PickMe in Sri Lanka ask for still higher fuel quotas

As demand rises for these services with fuel restrictions in place

Windforce gets 10 MW/40 MWh BESS project in Panadura, Sri Lanka
EconomyNext 1 month ago
Windforce gets 10 MW/40 MWh BESS project in Panadura, Sri Lanka

Investment for the project estimated at Rs1.73bn, structured on an 80:20 debt‑to‑equity financin…

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EconomyNext 1 month ago
Sri Lanka rupee weaker, bond yields steady

Stocks were trading down

Prolonged Iran conflict to ripple through corporate sectors globally: Fitch Ratings
EconomyNext 1 month ago
Prolonged Iran conflict to ripple through corporate sectors globally: Fitch Ratings

Higher hydrocarbon prices, supply-chain disruption, and through weaker demand due to falling consume…

Sri Lanka says no plans for power cuts; urges to use electricity sparingly
EconomyNext 1 month ago
Sri Lanka says no plans for power cuts; urges to use electricity sparingly

CPC losses Rs.204.56 loss per litre at the moment

Sri Lanka raises fuel prices to near 2022 crisis level; Petrol to Rs.398, Diesel to Rs.382
EconomyNext 1 month ago
Sri Lanka raises fuel prices to near 2022 crisis level; Petrol to Rs.398, Diesel to Rs.382

Before price hike, government increased weekly fuel quota

Sri Lanka raises fuel quota for vehicles
EconomyNext 1 month ago
Sri Lanka raises fuel quota for vehicles

Cars will now get 25 litres, 10 more than than previously allowed.

Sri Lanka avoided Russian oil to dodge US friction: President
EconomyNext 1 month ago
Sri Lanka avoided Russian oil to dodge US friction: President

"Understand. 25 percent of our exports go to the US."

Sri Lanka building unified missing persons database with ICRC: Minister
EconomyNext 1 month ago
Sri Lanka building unified missing persons database with ICRC: Minister

ECONOMYNEXT — Sri Lanka is working with the International Committee of the Red Cross (ICRC) to dev…

Sri Lanka sells extra Rs3.3bn Treasury bills after auction
EconomyNext 1 month ago
Sri Lanka sells extra Rs3.3bn Treasury bills after auction

Bringing the total of bills sold last week to 64.16 billion rupees.

Sri Lanka’s tourism, tea, textile shares suffer after Gulf escalation
EconomyNext 1 month ago
Sri Lanka’s tourism, tea, textile shares suffer after Gulf escalation

ECONOMYNEXT – Soon after the United States and Israel started bombing Iran on February 28, Sri Lan…

Sri Lanka rupee weaker, bond yields recover
EconomyNext 1 month ago
Sri Lanka rupee weaker, bond yields recover

Bond yields closed lower.