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Local News

CPC Reassures Public: No Fuel Shortage as Massive Crude Shipments Near Colombo Port.

18 hours ago

The Ceylon Petroleum Corporation has confirmed that there is no risk of a fuel shortage in Sri Lanka, with 180,000 metric tons of crude oil expected to arrive shortly.

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CPC Reassures Public: No Fuel Shortage as Massive Crude Shipments Near Colombo Port
Image Credit : lankacnews.com
Economy
Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure
Image Source : newswire.lk

Sri Lanka’s Vehicle Import Surge: Central Bank Highlights Potential $2.4 Billion Annual Expenditure.

May 19, 2026 at 4:22 AM
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Local News
Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays
Image Source : magzter.com

Sri Lanka’s Fuel Import Spending Spikes: CPC Reports Significant Increase in 2026 Outlays.

May 18, 2026 at 4:07 AM
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Local News
Sri Lanka Secures Fuel Stocks Through August Amid Strategic Energy Planning
Image Source : newswire.lk

Sri Lanka Secures Fuel Stocks Through August Amid Strategic Energy Planning.

May 16, 2026 at 3:49 AM
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Sri Lankan Rupee Faces Renewed Pressure as Dollar Surpasses Rs. 330 Threshold
Image Source : valuta.exchange
Economy•
May 14, 2026 at 6:33 AM

Sri Lankan Rupee Faces Renewed Pressure as Dollar Surpasses Rs. 330 Threshold.

The Sri Lankan Rupee has experienced a significant depreciation against the US Dollar, with selling rates at major commercial banks crossing the Rs. 330 mark as of May 14, 2026.

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Local News

Sri Lanka’s Economic Landscape: Rising Private Credit and Currency Volatility.

May 13, 2026 at 1:16 AM

Sri Lanka's private credit sector has seen a strong resurgence in March, while the rupee faces downward pressure due to liquidity management through forex swaps. Despite budget surpluses, the central bank's monetary policy remains under scrutiny.

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Sri Lanka’s Economic Landscape: Rising Private Credit and Currency Volatility
Image Credit : economynext.com
Local News

Sri Lankan Households Face Fresh Financial Pressure Amidst Rising Energy Costs and Currency Depreciation.

Sri Lanka has implemented a new electricity tariff revision for high-usage consumers, compounding the cost-of-living crisis as the rupee faces continued depreciation. The move is expected to drive inflation, impacting retail food prices.

May 10, 2026 at 11:57 PM
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Local News

Litro Gas Maintains Current Prices Through May.

Litro Gas Lanka has officially confirmed that domestic LP gas prices will remain stable throughout May, prioritizing consumer relief despite external economic challenges.

May 6, 2026 at 11:04 AM
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Local News
Alcohol Production and Consumption Patterns Show Significant Growth in Sri Lanka
Image Source : gagana.lk

Alcohol Production and Consumption Patterns Show Significant Growth in Sri Lanka.

May 4, 2026 at 1:02 PM
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Sri Lanka’s Economic Resilience Tested as Frequent Fuel Hikes Trigger Cost-of-Living Crisis
Image Source : m.economictimes.com
Local News•
May 4, 2026 at 5:43 AM

Sri Lanka’s Economic Resilience Tested as Frequent Fuel Hikes Trigger Cost-of-Living Crisis.

Sri Lanka is navigating a challenging economic period as a series of rapid fuel price increases, driven by global market volatility and conflict in West Asia, places intense pressure on household budgets and national inflation.

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Local News

Vehicle Importers Warn of Impending Price Hikes Amidst Currency and Tax Pressures.

May 3, 2026 at 11:01 AM

The Vehicle Importers’ Association of Sri Lanka warns that vehicle prices are set to climb due to the depreciation of the Rupee and the recent increase in the Social Security Contribution Levy.

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Vehicle Importers Warn of Impending Price Hikes Amidst Currency and Tax Pressures
Image Credit : adaderana.lk
Local News
Sri Lanka Inflation Spikes to 5.4% Amid Energy Cost Surge
Image Source : en.wikipedia.org

Sri Lanka Inflation Spikes to 5.4% Amid Energy Cost Surge.

April 30, 2026 at 11:43 AM
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Local News
Sri Lanka Financial Markets Update: Customs Revenue Surge and Mixed Trading Trends
Image Source : srilankabiz.lk

Sri Lanka Financial Markets Update: Customs Revenue Surge and Mixed Trading Trends.

April 29, 2026 at 12:10 PM
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Local News

Sri Lanka’s Economic Stabilization Faces Test Amid Emerging Medical Supply Crisis.

While macroeconomic indicators show signs of recovery under the NPP government, Sri Lanka faces a critical challenge as the pharmaceutical industry warns of impending shortages of life-saving medicines.

April 25, 2026 at 7:03 PM
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Local News•
April 24, 2026 at 7:19 AM

Sri Lanka Financial Markets Overview: Stocks Stagnate as Export Earnings Decline.

Sri Lanka's equity market showed minimal movement in mid-day trading on April 24, 2026. Meanwhile, the country reported a 6.26% drop in services exports for March, alongside recent treasury bill issuance updates.

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Economy

Ceylon Petroleum Corporation Clarifies High-Cost Fuel Imports Amid Market Volatility.

April 17, 2026 at 9:45 AM

The CPC Chairman clarified that reports of crude oil being purchased at $286 per barrel were inaccurate, explaining that the high cost applied to refined diesel due to global supply chain pressures.

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Local News
Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts
Image Source : list.lk

Sri Lanka Secures Fresh Crude Oil Supply Amid Regional Supply Chain Shifts.

April 16, 2026 at 10:35 AM
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Economy
Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs
Image Source : sudanindependent.net

Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs.

April 16, 2026 at 4:54 AM
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Local News
Local Gold Market Sees Price Hike as Demand Fluctuates
Image Source : lankatalks.com

Local Gold Market Sees Price Hike as Demand Fluctuates.

April 15, 2026 at 11:06 AM
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Local News•
April 9, 2026 at 5:54 PM

Sri Lanka: Cost of Preparing Traditional Avurudu Kevili Table Rises Further in 2026.

Recent data from Verité Research indicates that the cost of preparing a traditional New Year kevili table has risen by 7% compared to 2025, reaching 2.5 times the 2019 pre-crisis levels, largely driven by surging prices for rice flour and coconut oil.

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