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Video: Sinopec officially begins fuel operations in Sri Lanka with discount offer (English)
Fuel prices in Sri Lanka have been increased with effect from midnight on August 31, 2023.The post Sri Lanka increases fuel prices from August 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sinopec Energy Lanka, a Beijing-based leading international petroleum company, has officially commenced its business operations in Sri Lanka by starting fuel supply at its first filling station in Sri Lanka established in Mattegoda, Colombo from yesterday (August 30).The post Sinopec officially
Sinopec, a Beijing-based leading international petroleum company, has officially kicked off its business operations in Sri Lanka, commencing fuel supply at its first filing station on the island nation established in Mattegoda, Colombo.
In July 2022, Sri Lanka witnessed the inauguration of President Ranil Wickremesinghe amidst a severe economic and political turmoil, marking one of the most challenging crises since gaining independence in 1948. Preceding him, former President Gotabaya Rajapakse had been compelled to step down following widespread protests triggered by extended 12-hour power outages and ongoing scarcities […...
Beijing [China], August 19 (ANI): Raising concerns regarding the financial crisis triggered by the downturn in China’s real estate market, Chinese investment firm Zhongrong Trust , which managed USD 87 billion worth of funds for corporate clients and wealthy individuals as of the end of 2022, had failed to pay the interest and principal on […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI appeared first on Colombo Telegraph.
The Sri Lanka Institute of Marketing (SLIM) is thrilled to announce the eagerly anticipated launch of the 2023 edition of SLIM DIGIS, 2.3, the unique platform that recognizes and applauds the forefront of digital innovation in the marketing landscape. Marking a new chapter in digital marketing excellence, this year’s SLIM DIGIS will include categories that […]
India’s EV market is expected to grow at an impressive compound annual growth rate (CAGR) of 49 per cent from 2022 to 2030. The country is making rapid strides to make electric vehicles (EV) occupy 30 per cent of the automobile market share by 2030. The EV sector may generate 5 million employment opportunities. According […]
Outgoing Sri Lankan High Commissioner to India, Milinda Moragoda, paying a farewell call on Indian Minister of Road Transport Highways Nitin Gadkari, has discussed cooperation in promoting alternatives to fossil fuels such as electricity and bio-fuels in the transport sector.
By Y P Prakash India’s Strategic Lunar Missions Contrast with Sri Lanka’s Costly Ventures and Underutilized Infrastructure, Highlighting Investment Priorities and Technological Futures Over the course of several years, the investment in India’s space exploration missions has seen both accomplishments and financial considerations. In 2008, the pioneering Chandrayaan-1 mission was ...
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V appeared first on Colombo Telegraph.
An Indian spacecraft became the first to land on the rugged, unexplored south pole of the moon on Wednesday in a mission seen as crucial to lunar exploration and India's standing as a space power, just days after a similar Russian lander crashed.The post Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’ appeared first on ONLANKA - Sri Lanka Latest Breaking News...
India’s External Affairs Minister S Jaishankar on Wednesday pledged continued development assistance in every possible area to Sri Lanka amid its ongoing economic crisis.The post India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka’s consumer inflation rate more than halved to 4.6% year-on-year in July, helped by falling food prices, the statistics department said on Monday.The post Sri Lanka’s July consumer inflation more than halves to 4.6% appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post In Sri Lanka, Chaotic Social Security Reform Denies People’s Rights: “Aswesuma” Program Applies Complex & Arbitrary Targeting, Leaving Millions In Limbo appeared first on Colombo Telegraph.
Sri Lanka’s largest bilateral creditor, China, has assured the island nation its help in effectively addressing the debt challenges as it has to finalise the external and domestic debt restructuring of a whopping USD 41 billion by September before the IMF’s first review. The International Monetary Fund (IMF) is set to conduct its first review […]
The US and Australia gave the Sri Lanka Air Force, and Navy fuel when there was a shortage of fuel in the country. President’s Senior Advisor on National Security Sagala Ratnayaka said that India has also stepped up beyond the call of duty to lend Sri Lanka a hand. He was speaking after a successor
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III appeared first on Colombo Telegraph.
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday.The post Sri Lanka says China’s Sinopec to start operations September 20
pitches that fuel positive, aggressive play and […]
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka s power minister said on Tuesday.
The IMF will conduct the first review of the $2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said on Saturday and declared that the country has successfully fulfilled the nine conditions set by the global lender.The post IMF to conduct bailout review for Sri Lanka in September appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...
SJB MP Eran Wickramaratne says the importation of inferior medicine by way of emergency procurement and non-functioning medical, surgical and other test equipment in hospitals have ruined the public health sector. Addressing the Media at the Office of the Leader of Opposition on Sunday (6Aug2023), Wickramaratne said that this pathetic situation in the health sector […]
Sri Lanka Police have arrested four officers of the Excise Department over an incident where they had allegedly opened fire at a vehicle near a fuel station at Marine-Drive in Bambalapitiya, suspecting that those in the vehicle were drug traffickers.
By Shamindra Ferdinando The Convenor of ‘Samagi Joint Trade Union Alliance’ Ananda Palitha yesterday (06) alleged that the bankrupt country was being exploited to the hilt by the powers that be and external powers. The one-time director of the Ceylon Petroleum Corporation (CPC) said that the Wickremesinghe-Rajapaksa government increased diesel and petrol prices on 30th […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
[…]The post To Be Realistic, There Are Only Two Options appeared first on Colombo Telegraph.
New Delhi and Colombo are set to begin technical discussions that could pave the way for a multi-product petroleum pipeline between the two South Asian nations, Mint has learnt. The project, which was announced during president Ranil Wickremesinghe’s visit to India in July, is expected to help Sri Lanka improve its energy security at an […]
New Delhi and Colombo are set to begin technical discussions that could pave the way for a multi-product petroleum pipeline between the two South Asian nations.The post Sri Lanka and India to begin talks on petroleum pipeline appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.