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[…]The post SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future appeared first on Colombo Telegraph.
Monday 27th November, 2023 The SJB has commenced collecting signatures for a public petition as part of a campaign to have those who are responsible for the current economic crisis stripped of their civic rights. Given public resentment, which is palpable, the SJB may be able to obtain hundreds of thousands of signatures for its […]
By GUWAN SEEYA First, there was the China Bay airport nominated as a possible alternative to the Bandaranaike International Airport (BIA). The advantage was that since Sri Lanka was mainly affected by two Monsoons namely the South West and the North East, during that time the opposite coast has generally had good weather. For example, […]
Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-billion-dollar refinery, the South Asian island nation’s energy minister said on Saturday. “It’s on the agenda for Monday. Once the cabinet gives approval, we will invite them to sign the agreement,” Power and Energy Minister Kanchana Wijesekera told […]
Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-billion-dollar refinery, the South Asian island nation's energy minister said on Saturday.The post Sri Lanka to OK Sinopec’s $4.5 billion refinery proposal on Monday – minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
RM Parks Inc, a leading petroleum products distributor in the United States signed an agreement with the Board of Investment (BOI) for U$ 110 million to bring Shell products to Sri Lanka.The post RM Parks signs $110 million petroleum agreement with Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
A US energy company and Sri Lanka signed a fuel distribution deal to begin retail petroleum distribution operations in Sri Lanka in January 2024, the Ministry of Power and Energy said. RM Parks signed the agreement with the Board of Investment (BOI) and the Ministry of Power and Energy. RM Parks
[…]The post Regain A Vision Of Rhe Common Good appeared first on Colombo Telegraph.
Budget 2024 is like a fairy tale rather than a pragmatic solution to pressing economic issues, SLPP MP Dr. Nalaka Godahewa has said. Taking part in the current budget debate, former State Minister said: “Two paramount challenges loom large—the persistent economic contraction and the escalating national debt. A practical budget should provide answers to these […]
[…]The post Still, The Mirage appeared first on Colombo Telegraph.
Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors a key sticking point with countries like India paving the way for more loans from the International Monetary Fund.The post Sri Lanka gives China deal details, keeping IMF aid on track appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Uditha Devapriya Interactions are about connections. Connections are not always about commonalities. After all, it is not just commonalities that are celebrated, it is also differences. There are many ways of celebrating differences, many ways of affirming them. The Interact Movement in Sri Lanka is now almost 60 years old. The Interact Club of […]
A Boeing 747 cargo jet has been forced to turn around, after a horse escaped from its stall and caused chaos as the plane cruised at 30,000ft (9,144m). The plane was headed to Belgium from New York but did a U-turn roughly 90 minutes after its departure when the animal got loose. Air traffic control […]
President Ranil Wickremesinghe has announced in his budget speech that he has allocated Rs 2 billion to construct another international airport at Hingurakgoda (Minneriya). Really? We already have ‘International Airports’ at Ratmalana, Jaffna/Palaly (KKS), Mattala, Batticaloa and Katunayake. In fact, in the North, South, East and West of the island. BIA-Katunayake is the only International […...
[…]The post Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt appeared first on Colombo Telegraph.
Sri Lanka is likely to raise taxes and curb spending in its annual budget to meet the International Monetary Fund’s conditions and maintain a $3 billion bailout, but elections next year might see the government delay some reforms.The post Sri Lanka to use budget to meet some IMF pledges as polls near appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Who Is The Terrorist In The Israeli War On Gaza? appeared first on Colombo Telegraph.
Sri Lanka President Ranil Wickremesinghe will seek to boost tax revenue and rationalise spending in the government’s second full-year budget on Monday, targeting a return to growth for the crisis-hit economy while keeping an eye on elections.The post Sri Lanka balances polls and crisis recovery in 2024 budget deliberations appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
MMBL- Pathfinder Joint Venture Intertek Lanka, the MMBL-Pathfinder joint venture with Intertek Caleb Brett (UK) is known for its expertise in qualitative and quantitative analytical assessment services to the oil and gas, chemical, and other commodities markets. In early 2021 Intertek Lanka invested in the Hambantota International Port, establishing an on-site state-of-the-art petroleum testing la...
[…]The post SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab appeared first on Colombo Telegraph.
Friday 3rd November, 2023 The latest VAT hike has come as a double whammy for the public, who are reeling from extremely high taxes and tariffs, not to mention the soaring cost of living. The SLPP politicians seem to be deriving some perverse pleasure from the predicament of the people, who rose against them and […]
Video: Sinopec fuel prices equivalent to CEYPETCO and Lanka IOC's after rates revised (English)
[…]The post The Urgent & Critical Issues Related To Climate Change appeared first on Colombo Telegraph.
Fuel prices in Sri Lanka have been revised with effect from midnight on October 31, 2023.The post Sri Lanka revises fuel prices from October 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sinopec Energy Lanka (Pvt) Limited  the Beijing-based oil and gas giant s subsidiary in Sri Lanka  has also revised the prices of its petroleum products in keeping with the amended rates announced by Ceypetco and Lanka IOC.
by Eng Parakrama Jayasinghe parajayasinghe@gmail.com Electricity consumers reeling from the massive increase in tariff in February (adjusted somewhat in July 2023) were naturally appalled by the request for a further increase by the Ceylon Electricity Board (CEB). A public consultation was held on 18 October 2023 by the Public Utilities Commission of Sri Lanka (PUCSL) […]
[…]The post Current State Of Sri Lankan Economy, According To Dhananath Fernando appeared first on Colombo Telegraph.
[…]The post Isn’t It Time For Sri Lanka To Expel Israelis? appeared first on Colombo Telegraph.
by Zinara Ratnayake It’s Lansi food,” Stephanie Herft begins to describe lamprais. Herft is the founder of Lansi’s, a home-based food delivery business that began in May 2019, in Colombo. I’m talking to Herft over the phone on a Sunday evening. She had just delivered a carton of lamprais, a Sunday afternoon staple at Lansi […]
[…]The post Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality appeared first on Colombo Telegraph.