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[…]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.
The second fuel cargo of Sinopec, China s leading international petroleum company, is scheduled to reach Sri Lanka today (Aug 02).
China’s Sinopec, a leading international petroleum company, had imported its first consignment of fuel to be distributed in the local market, Power and Energy Minister Kanchana Wijesekara said yesterday (01). The Minister said in his Twitter that its second shipment would arrive today (03
Video: Ceypetco and Lanka IOC revise fuel prices (English)
First fuel cargo of Sinopec has commenced its discharging process, while the second cargo will arrive in Sri Lanka tomorrow (August 02), Minister of Power and Energy Kanchana Wijesekera said.The post First Sinopec fuel cargo commence discharging appeared first on ONLANKA - Sri Lanka Latest Breaking
Fuel prices in Sri Lanka have been revised with effect from midnight on July 31, 2023.The post Sri Lanka revises fuel prices from July 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Tuesday 1st August, 2023 The QR code-based rationing mechanism introduced one year ago has helped halve the national fuel consumption, the Ceylon Petroleum Corporation (CPC) has said, according to media reports. In fact, it helped bring order out of chaos and thereby saved current dispensation
Minister of Power and Energy Kanchana Wijesekara says the Ceylon Petroleum Corporation (CPC) has informed that anticipating the fuel price revision next month, 101 fuel station dealers for 92 Petrol and 61 fuel station dealers for Lanka Auto diesel have not maintained 50% stock capacity.
Monday 24th July, 2023 President Ranil Wickremesinghe has returned from New Delhi with a to-do list given by the Modi government. He will have Big Brother breathing down his neck hereafter. It has been reported that the SLPP-UNP government is planning to hold an all-party conference on the ethnic issue. Some of India’s dictates have […]
Video: Sinopec to commence operations in Sri Lanka, first two fuel shipments to arrive in August...
The first two shipments of fuel under the agreement with China’s Sinopec are due to arrive in Sri Lanka in the first week of August, State Minister of Petroleum D.V. Chanaka said.The post First two Sinopec fuel shipments to arrive in Sri Lanka in August appeared first on ONLANKA - Sri Lanka
The first two shipments of fuel under the agreement with China s Sinopec are due to arrive in Sri Lanka next month, State Minister of Petroleum D.V. Chanaka revealed.
A top Sri Lankan athlete who set national records in the pole vault has been working as a housemaid in Dubai to help support her family at home. For the last year Sachini Perera, 24, has put her athletics dreams on hold when Sri Lanka’s currency crisis and soaring medical bills made it difficult for […]
India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building an oil pipeline and a land bridge between the two countries.The post India, Sri Lanka agree to boost ties through energy, power and port projects appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka has notified the Indian rupee as a designated currency, Indian External Affairs Ministry Spokesperson Arindam Bagchi said on Thursday (July 20). “In terms of trading in our national currencies, Sri Lanka has already notified India Rupee as designated foreign currency in their system,” Bachi said during a weekly media interaction in New Delhi. […]
Sri Lankan President Ranil Wickremesinghe arrives in New Delhi on Thursday on a two-day visit hoping to strengthen economic ties between the South Asian countries.The post Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
by Y P Prakash The Sri Lankan government, led by Power & Energy Minister Kanchana Wijesekara, has placed significant emphasis on regional energy integration and grid connectivity between Sri Lanka and India. The target for implementing this initiative is 2030. Discussions regarding regional energy integration have been ongoing for more than two decades, and the […]
Fuel quotas will be further increased next month after evaluation, Sri Lanka’s Power and Energy Minister Kanchana Wijesekara said today (July 20).The post Sri Lanka to increase QR based Fuel quotas again in August appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka born international economist Dr. Howard Nicholas of Erasmus University, Netherlands has categorically stated that Sri Lanka must not adopt the IMF recommendations on monetary policy for it has no rational basis and evidence of success anywhere in the world. Coming from a Western based economist that provides a lot of food for thought […]
by Y P Prakash As Sri Lanka aims to meet its growing energy demands and explore opportunities for electricity generation and export, it can draw valuable lessons from the tripartite agreement between Nepal, India, and Bangladesh. This agreement has facilitated the development of robust grid connectivity, enabling the efficient exchange of electricity among the participating […]
While sitting in a car on Duplication Road one evening around 6 pm in a traffic jam, it occurred to me that if an alien being happened to pass by, she would be intrigued as to why Sri Lankans are so fond of Colombo that they are prepared to sacrifice so much in order to […]
State Minister of Technology, Kanaka Herath, announced the introduction of the DIGIECON 2030 program, aimed at accelerating Sri Lanka’s economy towards an inclusive digital ecosystem through the utilization of advanced technology-based solutions. The program includes a comprehensive digital master plan, a regulatory policy framework, and a series of annual events that will demonstrate the governme...
ECONOMYNEXT –Jet fuel in Sri Lanka is expensive and the government should consider capping the mark-up of state-run Ceylon Petroleum Corporation to reduce costs, according to Philip Goh, Regional Vice President for Asia Pacific of the International Air Transport Association said. “Airlines
Sri Lanka will allow the private sector to enter ground handling, catering, and jet fuel supply operations at airports, an official said on Saturday.
China s leading international petroleum company, Sinopec will commence its operations in the country today (July 15) as an importer, distributor and retail operator for petroleum products, according to State Minister Dilum Amunugama.
The visit of President Ranil Wickremesinghe to India has significance in a number of spheres from development to strategic partnership with Sri Lanka’s immediate neighbor. As India tries to move forward with stalled initiatives with its crisis-hit neighbour, Sri Lanka is keen on discussing energy, power and port projects according to Foreign Minister Ali Sabry. […]