Deaf Ears

Sri Lanka's Central Bank is banging its head against the wall trying to convince a deaf government to raise fuel prices, as the exchequer groans under …

Watchout

The IMF said Thursday that rising living standards in China and the rest of the developing world will keep oil prices sky-high for decades to come, with even …

Switched Off

Electricity sector trade union plans for an island wide blackout, goes on hold after the government agrees to hold back Ceylon Electricity Board (CEB) reforms. …

Unplugged

Power sector unions are giving the state till Friday to decide on controversial reform plans for the loss making Ceylon Electricity Board, ahead of a key union …

Blackout

Ceylon Electricity Board has started restoring power to the grid starting from Colombo city after supply to the entire country failed. buy intagra online …

Climbing Up

World oil prices hit fresh historic high points on Monday, climbing above 58 dollars a barrel in New York on tight supplies, as OPEC began consultations to …

Soaring High

Major airlines face greater losses than last year because of the ongoing surge in oil prices, the main industry association warned Monday as it forecast total …