Category: Business

  • Sri Lanka’s CEB Seeks Price Increase Amid Rupee Depreciation

    Sri Lanka’s CEB Seeks Price Increase Amid Rupee Depreciation

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    Financial Chronicle – The Ceylon Electricity Board (CEB) of Sri Lanka has submitted a proposal to the regulatory authorities, seeking an 11% increase in electricity tariffs. This request is prompted by escalating oil prices and a depreciating rupee, despite the presence of record current account surpluses and a decline in global crude prices. The depreciation

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