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No fuel price revision today; decision pending discussion: CPC

Sri Lanka, May 1 -- The Ceylon Petroleum Corporation (CPC) announced that fuel prices will not be revised today (May 1), as the scheduled discussion on price adjustments has not yet been held. A CPC ... Read More


Treasury heist takes a dark turn

Sri Lanka, May 1 -- Against the backdrop of ongoing investigations into the disappearance of US$2.5 million from the treasury account, an official from the Finance Ministry who was under probe had bee... Read More


War risk premiums surge up to 50% amid ME tensions, hitting Sri Lanka trade

Sri Lanka, May 1 -- War risk insurance premiums for vessels operating in the Red Sea and the Persian Gulf have surged by up to 50 percent with extreme cases reaching as high as three percent of vessel... Read More


Colombo consumer prices jump above CB's 5% target as higher fuel prices reverberates through economy

Sri Lanka, May 1 -- The consumer inflation measured by the Colombo Consumer Price Index (CCPI) jumped in April as the higher fuel prices caused by the war in Iran fed quickly through the rest of the e... Read More


Government remains dedicated to creating fair and safe working environment: PM

Sri Lanka, May 1 -- Prime Minister Dr. Harini Amarasuriya said the government remains dedicated to creating a fair and safe working environment by expanding existing services and implementing new prog... Read More


Tight security, traffic plans in place for nationwide May Day events

Sri Lanka, May 1 -- Police have deployed thousands of officers, including Special Task Force personnel and intelligence units, across the country for security and traffic management during today's May... Read More


US $ 3.7 billion Sinopec investment still in limbo

Sri Lanka, May 1 -- The government will take at least another couple of months to decide on the proposed Sinopec Oil Refinery Project in Hambantota, which is the largest single Foreign Direct Investme... Read More


Sri Lanka faces essential drug shortage amid economic pressure, doctors' union warns

Sri Lanka, May 1 -- Sri Lanka is facing a shortage of several essential medicines due to economic pressures and disruptions in the drug supply mechanism, a medical trade union representative has warne... Read More


Tobacco-free Sri Lanka: Can post-2010 generation be smoke-free?

Sri Lanka, May 1 -- Can Sri Lanka create a tobacco-free generation among children born after 2010? A new proposal submitted to Health and Mass Media Minister Dr Nalinda Jayatissa aims to do just that.... Read More


U.K. whiskey tariffs eased after Trump met with King Charles III

Sri Lanka, May 1 -- President Donald Trump posted online Thursday that he would remove tariffs on some whiskey, a move that could ease trade tensions for Scotch whisky and Kentucky bourbon producers. ... Read More