Three shipments of fuel to arrive in Sri Lanka by mid, end July, August: Lanka IOC economynext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from economynext.com Daily Mail and Mail on Sunday newspapers.
Trincomalee’s strategic importance has a lot of history as well. The seas close to the port have seen a lot of historic wars, owing to their importance and geographic location.
By Rathindra Kuruwita The Cabinet had introduced a fuel pricing formula, Minister of Power and Energy, Kanchana Wijesekera said, addressing the post-Cabinet Press Conference. Wijesekera said the need for a fuel pricing formula had arisen due to the current crisis. “When the previous government introduced a fuel formula, we were in the opposition, and we […]
Managing Director of Lanka Indian Oil Corporation, Manoj Gupta, says that Sri Lanka is undergoing the worst currency depreciation as the price of the US Dollar in Sri Lanka rose by over 50 per cent from Sri Lankan Rupees 203 to Rs 320, resulting in some of the banks charging as high as Rs 345 per USD.