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New Govt plan for fuel supply on the cards amidst no petrol at CPC and LIOC

The Government has devised a plan to supply fuel for the country without any shortage at fuel filling stations countrywide after July 10 this year. .

Govt to bolster ties with the Middle East seeking fuel aid

Sri Lanka is now making every effort to cement diplomatic ties with The Middle East tainted since 2014 and thereafter in 2021 anti muslim violence in 2014 with the aim of obtaining assistance to avert critical fuel crisis in the country.

UK recognises Sri Lanka’s current economic challenges

The United Kingdom recognises the difficult economic situation in Sri Lanka and welcomes the start of in-depth discussions with the International Monetary Fund (IMF) on reforms needed to bring the economy back to a sustainable path, the British Minister claimed. .

Two finance companies fined Rs.1.5 mn for violating Central Bank rules

Two finance companies have been filed a total of Rs.1.5 million by the Central Bank (CB) for violating anti-money laundering and terrorist financing regulations imposed by the banking regulator (CB). The fines were imposed in September 2021.

Central Bank decides to liquidate five failed finance companies

Five failed finance companies are to be liquidated in accordance with a decision taken by the Monetary Board of the Central Bank of Sri Lanka (Monetary Board)

Breaking

Ban the Bag? Lessons from Britain—and Sri Lanka’s Reality Check

By Roger Srivasan Introduction I was born in the Northern part...

Dhammika part sells ComBank stake for Rs. 5.5 b

Business leader Dhammika Perera yesterday part sold his stake...

Colombo Port Achieves Record Profit in 2025 amid Strategic Expansion

The Port of Colombo has reported a record net...

CEB’s Proposed 6.8% Tariff Hike: Justified Reform or Unwarranted Burden?

Sri Lanka’s state-run Ceylon Electricity Board (CEB) has proposed...
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