Sri Lanka has cut petrol price by 21 rupees to 311 rupees a litre and diesel by 24 rupees to 283 rupees, from midnight on ...

Sri Lanka's ... rising energy prices, and populist tax cuts. A chronic shortage of foreign currency and soaring inflation had led to a severe shortage of medicines, fuel and other essentials.

Sri Lanka's National Transport Commission has imposed a 4.24 percent reduction in bus fares following a revision in the price ...

Sri Lanka will cut power prices by 22.5% from Tuesday ... Together with higher taxes, a weaker rupee and fuel cost increases, the power price hikes had pushed inflation in the nation of 22 ...

Sri Lanka 's state-owned Ceylon Petroleum Corporation (CPC) has increased fuel prices to a record high. With the latest price hike on Monday, the price of Octane 92 petrol rose by 33.1 per cent to ...

The International Monetary Fund is lending Sri Lanka $3bn (£2.4bn ... Sri Lankans started experiencing power cuts and shortages of basics such as fuel. The rate of inflation rose to 50% a ...

Cairn departed Sri Lanka in 2015, stating that the fields would not be commercially viable – a decision made when spot prices for Asian liquefied natural gas (LNG) were entering a historically ...

Authorities in Sri Lanka are imposing rolling power cuts across the island nation as its deepening financial crisis leads to shortages of fuel and handicaps its power grid. Sri Lanka’s public ...

Sri Lanka's election this coming Saturday has raised doubts over when its long-awaited debt deal with bondholders will be ...

Leftist frontrunner promises crackdown on ‘corrupt’ politicians and calls for revisiting deals with IMF and bondholders ...

From workers in sprawling tea plantations in the north to big cities in the south, millions of Sri Lankans cast ballots ...

Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking gas, fuel and other ...