Biz & Economy
Business & Economy
Bangladesh Sharply Raises Jet Fuel Prices by 79 Percent
Bangladesh has recorded one of the steepest increases in jet fuel prices globally, raising rates by 79 percent in its...
PickMe, Uber Ride-Hailers Ask For More Fuel
Ride-hailing platforms Uber and PickMe have called on the Government to provide additional support to sustain transport and delivery services...
Sri Lanka Allows 11 Private Companies to Sell Fuel in US Dollars
The Sri Lankan government has approved 11 companies holding valid bunker licences to import and sell fuel in US dollars...
EDB Fast-Tracks Fuel Supply to Safeguard Exports
The Export Development Board (EDB) has announced a fast-track fuel supply program to ensure uninterrupted operations for Sri Lanka’s export...
Sri Lanka Better Positioned but Vulnerable to Energy Shock – Fitch
Sri Lanka remains vulnerable to global energy price shocks, although the country is now in a stronger position to manage...
British Airways to Resume Colombo Flights After 11 Years
British Airways (BA) has announced that it will resume flights to Colombo after an 11-year suspension, marking a significant boost...
Banks Warn Against Work-From-Home Amid Rising Cyber Threats
While the government explores work-from-home options for public and private sector employees to cut fuel use amid regional tensions, Sri...
Middle East Oil Turns World’s Costliest Crude Amid Record Price Surge
Global oil markets were shaken this week as Middle Eastern crude benchmarks surged to record highs amid escalating tensions in...
Will Rising Jet Fuel Prices Undermine Sri Lanka’s Tourism Opportunity?
At a time when parts of the Middle East are facing heightened geopolitical tensions, disrupted airspace, and growing travel anxiety,...
Oil Prices Jump as Hormuz Shipping Disrupted
Oil prices climbed sharply and global markets wavered after fighting involving the United States, Israel and Iran disrupted traffic through...
