Sri Lanka will continue its IMF programme despite cyclone devastation, facing calls for renegotiation from civil society ...

Bus fares will have to be increased in the coming months, despite a recent marginal reduction in fuel prices, the President ...

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) reduced the prices of widely used White Diesel and ...

ECONOMYNEXT – Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) reduced the prices of widely used White Diesel and Octane 92 by Rs. 2 each amid falling global oil prices and rupee depreciation.

The government is likely to come under enhanced pressure to seek an electricity price revision -even at a higher rate- in the ...

Agriculture and allied sectors urge FY27 Budget support through tax cuts, biofuel funding, fertiliser reforms, ...

The government is likely to come under enhanced pressure to seek an electricity price revision -even at a higher rate- in the next revision in terms of the IMF prescribed cost-reflective pricing ...

The Monetary Policy Board at its meeting held on Tuesday decided to maintain the Overnight Policy Rate (OPR) at the current level of 7.75%. The Board arrived at this decision after carefully ...

Tata Motors predicts that India's commercial vehicle (CV) sales will exceed the pre-pandemic peak of FY19 as demand rises and infrastructure projects gain momentum, despite potential challenges from ...

Global commodity and fuel prices have declined, the dollar shortage has eased, the balance of payments has returned to surplus, and foreign exchange reserves are rising. By most macroeconomic ...

Stakeholders have emphasised the need for sustained investment in innovation, infrastructure and market reforms to position ...

The gem, believed to be the largest natural star sapphire of its kind, is estimated by experts to be worth up to $300 million.