News
People to get fuel price shock soon
The Cabinet sub-committee on the cost of living had decided to increase fuel prices, Energy Minister Udaya Gammanpila told the media yesterday (11) in Colombo. He said that the date of the price hikes would be revealed soon.
The Minister said that if they announced the date, it would lead to long lines at filling stations and it would have disastrous consequences during the pandemic.
“We know that things are hard for everyone, that is why we didn’t increase fuel prices for 21 months. But the government can no longer bear the losses. The oil prices in the world market have been increasing. By the end of 2020, the Ceylon Petroleum Corporation (CPC) had accumulated a loss of RS. 331 billion. Each year we spend three billion dollars to import oil,” he said.
Gammanpila said that the main sources of income for the country had been affected due to the pandemic and foreign investments and tourism had stopped and a large number of Lankans working abroad had returned, decreasing remittances.
Prime Minister Mahinda Rajapaksa’s Office on May 20 said that a ministerial subcommittee discussed the sharp increase in crude oil prices compared to 2019 and 2020.
The PM chaired the meeting in the Committee Room 8 in Parliament. The Cabinet subcommittee discussed ways and means of addressing the problems caused by the crude price hike.
The PM’s Office said that ministers had discussed how to sustain public relief in the wake of further increase in expenditure. The subcommittee discussed the financial problems of the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB), among other things. The PM’s Office said that ministers had discussed how to sustain public relief in the wake of further increase in expenditure. The subcommittee discussed the financial problems of the Ceylon Petroleum Corporation (CPC) and the Ceylon Electricity Board (CEB), among other things. (RK)
A meeting between UN Resident Coordinator Marc-André Franche and Chief of Staff to the President Prabath Chandrakeerthi was held on Monday (07) morning at the Presidential Secretariat.
Particular attention was given to the Government’s programme to resettle people who lost their homes due to Cyclone Ditwah.
The Government’s programme to address potential disasters that may arise in the future amid El Nino conditions was also discussed. The Chief of Staff to the President briefed the UN Resident Coordinator on the Government’s preparedness and plans to address such challenges.
Mr Franche stated that the United Nations was prepared to provide the necessary assistance to the Government to support the successful implementation of these programmes.
Partnerships and Development Finance Specialist at the United Nations Azam Bakeer Markar and UN Sri Lanka Humanitarian and Resilience Officer Wagisha Perera also participated in the discussion.
[President’s Media Division]
[ Cricbuzz]
The Indian Naval Ship (INS) Udaygiri arrived at the Port of Colombo on an official visit today, 8 September 2026, where it was received by the Sri Lanka Navy in accordance with time-
honoured naval traditions.
INS Udaygiri is a 149.02m long Frigate, Commanded by Captain Vikas Sood. Meanwhile, the Commanding Officer of the visiting ship is scheduled to call on Commander Western Naval
Area, Rear Admiral Harsha De Silva at the Western Naval Command Headquarters.
Captain Sood served as the Defence Adviser at the Indian High Commission in Sri Lanka from July 2020 to October 2023.
During their stay in the island, the crew of INS Udaygiri will participate in several goodwill events organized by the Sri Lanka Navy to enhance camaraderie between the two forces.
The visiting personnel are also scheduled to visit prominent tourist and cultural locations across the island.
Additionally, Sri Lanka Navy personnel are expected to visit the ship for capability observation and knowledge sharing, and will conduct onboard training during its stay.
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