Notable
Regulator to be watered down
The price of a 12.5 kilogram cylinder would be cut to 3,940 rupees from 4,115 rupees by 175 rupees
Govt could have reduced Octane 92 price by further Rs.7, White diesel by Rs.2 if it had maintained same profit margin
Government has reduced the profit margin to 1% from 4% last month to maintain the prices: D V Chanaka
Shell has already imported petrol and diesel consignments: State Minister
Committee to study introduction of a new regulatory body for the power sector
Data show sales are on rise after economic crisis
Chinese onion price reduced by Rs. 120 per kg to 375, Indian onion price slashed by Rs. 50 to 445
If a full 4 percent profit margin is applied, a price increase was due on auto diesel and 92 petrol: Kanchana Wijesekera
Octane 92 petrol and standard diesel unchanged
"They intend to sign the agreements for the project and commence work by June 2024,"
The move is considered in the light of the development of a tank farm in Trincomalee
Plans to modernize refinery and extend its life
They plan to sign the agreement with the BOI and obtain the license to operate by mid this year
Energy utilities are among the worst hit by discretionary monetary policy
This is a mandatory requirement, in compliance with international norms
| Latest | Last | |
|---|---|---|
| US Dollar | 305.1018 | 305.3339 |
| UK Pound | 386.9523 | 387.2371 |
| Euro | 330.8712 | 332.1141 |
| Aus Dollar | 201.0018 | 201.4980 |
| Yen | 2.0266 | 2.0278 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.6453 | 3.5932 |
| Korea Won | 0.2342 | 0.2292 |
| Oman Rial | 780.3569 | 769.4973 |
| Saudi Riyal | 80.1114 | 78.9849 |
| UAE Dirham | 81.7952 | 80.6569 |
| pts | % | |
|---|---|---|
| S&P SL20 | 2,573.80 | 1.00% |
| CSE All Share | 9,073.41 | 0.65% |
| Turnover Rs million | 1,591,766,524.95 | 1,029,335,694.32 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 21.72 | 21.79 |
| 6-m bill | 19.55 | 20.31 |
| 12-m bill | 17.72 | 19.28 |
| 5-yr bond | 21.00 | 22.53 |
| 8-yr bond | 19.42 | 20.55 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 13.93 | 14.00 |
| Gilt Repo | 13.50 | 14.00 |
| I-m SLIBOR | - | - |
A fuel management information system will track distribution under direct supervision of Japanese government
1.3 million entries on SAP data changed or deleted since 2010, most occurred in 2022 during fuel crisis
Sri Lanka had to pay large amount of demurrage in 2022 when it could not make fuel shipments timely
This signifies a significant step forward in stabilising the country’s energy finances, the official said.
Sri Lanka, India discuss multi product oil pipeline connecting Nagapattnam, Trincomalee Tank Farm, Colombo
The CPC has been planning to implement a daily automated price revising system from this year
To expedite the process to generate power from LNG India has proposed an interim solution from PetroNet LNG,
Petrol and diesel up Rs5, Octane 95 down 08 and super diesel down 7, kerosene up Rs26
Hambantota Port has seen steep increase in oil and gas vessels in 2023 helped by Sinopec's bunker operations,
The firm reported earnings of 5.66 rupees per share for the quarter
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