Fuel shortages drive power cuts despite coal plant

Requests the public not to distress unnecessarily

The Ceylon Petroleum Corporation (CPC) says there are adequate stocks of diesel, petrol and kerosene oil to be supplied in the country without any shortages.

Motorists see queues again as many filling stations have run out of fuel stocks.

Sri Lanka is facing a looming food shortage after ban on fertilizer import

Diesel was in short supply, CPC has begun fuel distribution, Kumara Rajapakshe, Chairman of the Gas Station Owners’ Association, said yesterday.He added that a number of gas stations were now closed temporarily due to fuel shortages. Due to the diesel shortage, fewer than 50% buses were operational

"This is a positive step and I am positive that the winter tourism season will perform well."

The UK no longer advises against all but essential travel to Sri Lanka

As of August 23 more than six million vehicles have signed up for the QR system.

By Haroon Janjua Despite gaining independence 75 years ago, Pakistan has yet to rid itself of economic and political crises. As Pakistan marks 75 years of independence this weekend, Islamabad has not planned any special events, aside from a flag-raising ceremony, a fireworks display in the capital and the introduction of a new 75 rupee […]

Yala cultivation of 512,000 ha would be record

Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.

A second ship carrying 120,000mt crude oil is expected on the following week.

Workers who appeared for the test will also be given the opportunity to appear in another field next year.

Gunasekara said, under the current circumstances, the production cost per egg is 49 rupees which is above retail price.

By Samarakoon Bandara A large number of persons with Non Communicable Diseases (NCD) are not taking prescribed medicines due to economic difficulties, and thus hospitals are filling up due to complications, Dr. Palitha Rajapaksha, the assistant secretary of the Government Medical Officers Association (GMOA) says. There were about three million people, over 60 years, and […]

In August alone 2,924 new cases were recorded in Sri Lanka, with 84 deaths attributed to the disease.

"We are seeing the pressure on the rupee easing as a result of exports growing and imports contracting."

‘Inflation will not be as high as initially expected’ Inflation will not be as high as initially expected and there are signs of economy stabilising, Central Bank Governor Dr. Nandalal Weerasinghe says.Dr. Weerasinghe said that during the past few months a number of initiatives had been made to improve the economy and they were yielding […]

The grant was given in response to a request by Sri Lanka’s government.

By Hiran H.Senewiratne The CSE turned negative yesterday having traded with a bullish run for 12 consecutive days due to profit- takings of many counters, especially blue-chip counters. This development could be considered as the market correction, stock market analysts said. Sri Lanka’s shares fell over 1 per cent in mid-day trade, pulled down by […]

The manufacturing PMI declined to 41.4 from 44.1

To carry the extra fuel, we can't carry all the freight we like to into the country

"Around 40 percent of the supply comes from the SME sector while around 60 percent comes from large scale suppliers."