Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

Sep 28, 2026 4 weeks ago 3 min read
Electricity Tariff Cuts Remain Without Firm Timeline as Sri Lanka Expands Renewables

COLOMBO, September 28, 2026 — Sri Lanka’s Government has yet to set a firm timeline for electricity tariff reductions, with Energy Minister Anura Karunathilaka saying…

Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

Sep 28, 2026 4 weeks ago 2 min read
Government Announces Rs. 41 Billion Fuel Subsidy for Three Months

GAMPAHA, September 27, 2026 — President Anura Kumara Dissanayake has announced that the Government will introduce a Rs. 41 billion fuel subsidy covering the next…

Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

Sep 28, 2026 4 weeks ago 2 min read
Rupee Weakens Against Dollar as Selling Rates Move Towards Rs. 335

COLOMBO, September 28, 2026 — The Sri Lankan Rupee weakened further against the US Dollar at several commercial banks today, with dollar selling rates moving…

Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

Sep 27, 2026 4 weeks ago 4 min read
Sri Lanka sets sights on 4 million tourists and US$8 billion tourism revenue by 2030

COLOMBO, September 27, 2026 — Sri Lanka is targeting four million tourist arrivals and US$8 billion in annual tourism revenue by 2030, as the Government…

Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

Sep 27, 2026 4 weeks ago 4 min read
Minister Sunil Handunnetti joins Ceylon Gemlogue ’26 as Sri Lanka charts new direction for gem industry

COLOMBO, September 27, 2026 — Minister of Industry and Entrepreneurship Development Sunil Handunnetti attended the inaugural session of Ceylon Gemlogue ’26 in Colombo today, as…

Brent Crude Hits Five-Month High of US$113.17 as Houthi Attacks Raise Supply Fears

COLOMBO, October 23, 2026 — Global oil prices rose sharply on Thursday, with Brent crude reaching a five-month closing high…

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