Union says Auto Diesel and Petrol 92 in short supply
A petroleum employees union says motorists are queuing for Auto Diesel and Petrol 92, while Energy Minister Anura Karunathilaka told Parliament distributors…
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Sri Lanka has imported over 800,000 vehicles since 2024
Deputy Minister Nishantha Jayaweera told Parliament that vehicle imports since restrictions ended in 2024 total about USD 3.8 billion.
World Bank lowers Sri Lanka crisis poverty estimate to 20.7 percent
The World Bank has revised its Sri Lanka poverty estimates using Labour Force Survey data, but says about two million people still…
Fitch rates Merchant Bank of Sri Lanka debentures BBB+(EXP)(lka)
Fitch Ratings has assigned an expected national rating of BBB+(EXP)(lka) to proposed subordinated debentures of up to Rs. 1 billion by Merchant…
CPC says fuel prices will hold until end of October
Ceylon Petroleum Corporation Chairman D.J. Rajakaruna said fuel prices can stay unchanged until the end of October and stocks are secure.
World Bank lifts Sri Lanka 2026 growth forecast to 4.4 percent
The World Bank projects Sri Lanka’s economy to grow 4.4 percent in 2026, but says poverty at 16.9 percent remains well above…
Gold-backed bank loans rise Rs. 211.9 billion in six months
Pawning advances by Sri Lankan banks grew 23.6% in the first half of 2026 to Rs. 1.11 trillion, according to Central Bank…
IMF staff and Sri Lanka agree on seventh loan review
IMF staff and Sri Lankan officials have reached a staff-level agreement that would release about US$345 million, subject to board approval.
Energy Minister says fuel queues should ease by Thursday
Energy Minister Anura Karunathilake told Parliament that private suppliers cutting volumes has driven the queues, and that Ceylon Petroleum Corporation is releasing…
Hambantota Port Passes One Million TEUs as It Expands Container Capacity
Hambantota International Port has handled more than one million TEUs since new quay cranes were commissioned in 2025, and is investing US$108…