Sri Lanka has cut the price of petrol by 12 rupees to 332 rupees a litre and diesel by 10 rupees to 307, effective midnight ...

Sri Lanka's ... rising energy prices, and populist tax cuts. A chronic shortage of foreign currency and soaring inflation had led to a severe shortage of medicines, fuel and other essentials.

Sri Lanka President Ranil Wickremesinghe said a strong exchange rate has reduced the cost of living a little, and he will ...

Sri Lankans are facing fuel and food shortages, and steep price rises as the country is in the midst of its worst economic crisis in living memory. Millions are having to endure daily power cuts ...

Sri Lanka will cut power prices by 22.5% from Tuesday ... Together with higher taxes, a weaker rupee and fuel cost increases, the power price hikes had pushed inflation in the nation of 22 ...

Inflation in the Colombo district slowed sharply in August, as both food and non-food prices cooled after the government ...

Colombo, August 31 (Daily Mirror) - Presidential candidate and former Chairman of the Public Utilities Commission of Sri Lanka (PUCSL), Janaka Ratnayake, pledged that his first priority upon being ...

Sri Lanka 's state-owned Ceylon Petroleum Corporation (CPC) has increased fuel prices to a record high. With the latest price hike on Monday, the price of Octane 92 petrol rose by 33.1 per cent to ...

Sri Lanka's economy grew 4.7% year-on-year from April to June this year, official data showed on Friday, as the island nation ...

The SEP is the only party fighting for the mobilisation of the Sri Lankan working class on a revolutionary socialist and ...

Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid. Sri Lanka’s public ...

(Bloomberg) -- Sri Lanka’s central bank lowered its benchmark ... with four others expecting a half-point cut and the rest penciling in a hold. The deposit facility rate was lowered to 8.25% ...