GPS tracking system for all CEYPETCO fuel tankers

GPS tracking systems will be fixed to all Ceylon Petroleum Corporation (CEYPETCO) owned fuel tankers by April 15 and the process will be implemented for all private tankers later on, Sri Lanka’s Minister of Power and Energy Kanchana Wijesekera said.











Timely, credible structural reforms vital for Sri Lanka to reset its course: World Bank

Sri Lanka’s heightened fiscal, external, and financial sector imbalances and its fluid political situation pose significant uncertainty for the country’s economic outlook, says the World Bank in its twice-a-year update, underscoring the need to address the root causes of the country’s economic crisis and build a strong and resilient economy to prevent future crises.