Sri Lanka And Bangladesh Keen To Import Ethanol From India
Bangladesh and Sri Lanka are keen to start importing ethanol from India. Nitin Gadkari, India’s Minister of Road and Transport Highways announced that the issue has already been discussed with…
Sri Lanka roll out QR code system-based fuel distribution from today
Sri Lankans have been urged not to overcrowd fuel stations in the country as the fuel distribution process for vehicles as per the QR code system which was delayed earlier,…
A Sri Lankan Household Spends Nearly a Quarter of Average Monthly Expenditure on One Full Tank of Petrol
Following the latest fuel price increase, a full tank (45 Liters) of Petrol (Octane 92) now accounts for almost 1/4th of average monthly household expenditure in Sri Lanka as measured…
India to provide crisis-hit Sri Lanka with an additional US$500 million for fuel
Sri Lanka’s continued fuel crisis has prompted India to extend another helping hand to the troubled island nation with an additional $500 million in financial aid. Sri Lanka’s foreign ministry…
Ceylon tea Industry in crisis over power cuts and fuel shortages
The Colombo Tea Traders’ Association (CTTA), the apex private sector body comprising ofall Stakeholders namely Growers, Manufacturers, Brokers, and Buyers/Exporters warn of dire consequences if the current fuel and power…
Plenty of fish but no catch as Sri Lanka economic crisis bites
(AFP) – The sky and seas off Sri Lanka’s coast are crystal blue but a worsening economic crisis has kept fishermen moored at Negombo harbour, out of gas and unable to…
Sri Lanka shuts only oil refinery to manage forex crisis
By Uditha Jayasinghe (Reuters) – Sri Lanka has temporarily shut its only oil refinery as part of efforts to manage dwindling foreign exchange reserves, the energy minister said on Tuesday, triggering…