(File photo: Reuters) Crisis-hit Sri Lanka on Tuesday raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country’s worst economic ...
The two companies, the only two players in the petroleum marketing and distribution service, normally increase fuel prices simultaneously. The LIOC, which runs one third of Sri Lanka’s fuel outlets, ...
The overall rate of inflation as measured by the National Consumer Price Index (NCPI) on Year-on-Year basis has been ...
However, Sri Lanka also implemented a 12%-22% fuel price increase in the early hours of Sunday. A price hike in May pushed inflation to 45.3%, the highest since 2015. Read full story People ...
Sri Lanka Cabinet Approves 40% Hike to ... But multiple energy price increases and a 3% sales tax hike in January have raised the cost of living and hit the poor hard. University students and ...
Sri Lankans are facing fuel and food shortages, and steep price rises as the country is in the midst of its worst economic crisis in living memory. Millions are having to endure daily power cuts ...
Lanka IOC (LIOC) - the Indian oil subsidiary in Sri Lanka is awaiting government approval to increase the price of petrol. Speaking to the Sunday Times FT, LIOC Managing Director K.R. Suresh Kumar ...
Crisis-hit Sri Lanka on Tuesday raised the petrol price by 24.3 per cent and diesel by 38.4 per cent, a record hike in fuel prices amidst the country's worst economic crisis due to the shortage of ...
COLOMBO, March 26 (Reuters) - Sri Lanka's cabinet has approved ... But multiple energy price increases and a 3% sales tax hike in January have raised the cost of living and hit the poor hard.
Sri Lanka's cabinet has approved increasing the minimum ... reducing to 5.9% in February from a high of 70%. But multiple energy price increases and a 3% sales tax hike in January have raised the cost ...