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.

Presidential candidate and former Chairman of the Public Utilities Commission of Sri Lanka (PUCSL), Janaka Ratnayake, pledged ...

Sri Lanka cut power tariffs by 22.5% and reduced fuel and cooking gas prices this month to reduce living costs, which analysts said would also dovetail with CBSL's growth push. "They have used the ...

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 ...

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 ...

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% ...

COLOMBO: Sri ... fuel and pharmaceutical shortages after the island ran out of foreign exchange. New President Ranil Wickremesinghe has doubled taxes, cut generous energy subsidies and raised ...

Sri Lanka’s current foreign exchange earnings from exports, gross services and remittances rose to 2,362 million US dollars ...