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Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period of extreme hardship caused by […]
[…]The post IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank appeared first on Colombo Telegraph.
[…]The post Time For Truth Telling appeared first on Colombo Telegraph.
Minister of Power and Energy, Kanchana Wijesekera, announced that the revised Electricity Act has been sent to the Legal Draftsman s Department for review. He anticipates presenting it to Parliament for approval in April following Cabinet endorsement.
By Saman Indrajith President Ranil Wickremesinghe yesterday told Parliament that the government was planning to exempt items such as books, school equipment, health equipment, and medicine from VAT. Making a special statement in the House, the President said: “By 2022, the country was slated to repay approximately US$6 billion in foreign debt annually, amounting to […]
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka has sought temporary relief from debt defaults from 2023 till 2027, President Ranil Wickremesinghe told Parliament, Wednesday. He said that Sri Lanka plans to diligently work towards repaying the loans in the period from 2027 to 2042. “Sri Lanka faces a significant burden of debt. By 2022, the country was slated to repay […]
Children are dying of starvation in northern Gaza, the World Health Organization (WHO) chief says. Tedros Adhanom Ghebreyesus said the agency’s visits over the weekend to the Al-Awda and Kamal Adwan hospitals were the first since early October. In a post on social media, he spoke of “grim findings”. A lack of food resulted in […]
The Ceylon Petroleum Corporation (CEYPETCO) has announced that fuel prices will be revised with effect from midnight today (March 04). Accordingly, the price of Petrol 95 Octane will be reduced to Rs. 447 per litre while Super Diesel will be reduced to Rs. 458 per litre and the price of Kerosene will be reduced to […]
Fuel prices in Sri Lanka have been revised with effect from March 05, 2024.The post Sri Lanka revises fuel prices from March 05, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Ceylon Petroleum Corporation (Ceypetco) announced that fuel prices will be revised with effect from midnight today (March 04).
India has taken note of an increase in investments in Sri Lanka as well as other countries in the region. India’s External Affairs Minister S Jaishankar, in a veiled dig at Maldives President Mohamad Muizzu for his comment earlier this year, said that big bullies do not offer $4.5 billion aid or vaccine or food […]
Electricity and fuel have been declared essential services by President Ranil Wickremesinghe. President’s Secretary Saman Ekanayake issued a gazette notice from the President stating that all services connected to the supply of electricity, and the supply or distribution of petroleum products and fuel have been declared essential services with effect from 3rd March. The President […]
A fuel price revision is likely to take place tonight (04), as per sources.
An Extraordinary Gazette has been issued, declaring all services related to the supply of electricity as well as the supply or distribution of petroleum products and fuel as essential services in Sri Lanka.The post Electricity and Fuel supply declared as essential services in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
An Extraordinary Gazette has been issued declaring all services connected to the supply of electricity and the supply or distribution of petroleum products and fuel as essential services.
[…]The post Electricity, Costs, Options Needs & Priorities appeared first on Colombo Telegraph.
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation – Part III appeared first on Colombo Telegraph.
Sri Lanka is deeply troubled about the death of over hundred people who were waiting to receive aid in Gaza and joins the call for investigation into the incident. The latest incident underscores the immediate need to end the blockade imposed on Gaza, depriving its civilian population, including women and children, of access to basic […]
The government has decided not to revise the fuel prices for the month of March.
Under the leadership of Indian Prime Minister Narendra Modi and Prime Minister Sheikh Hasina, bilateral summits and discussions at political and official levels have increased, further strengthening the bond between the two nations. On Sept 6 in 2022, Indian PM Narendra Modi and Sheikh Hasina signed several significant agreements further strengthening the bilateral relationship between […]
Video: United Petroleum Australia enters Sri Lanka’s retail fuel market (English)
United Petroleum Australia Pty Ltd has entered into a contract with the Ministry of Power and Energy to supply petroleum products in the Sri Lankan market, a statement from the company said.The post United Petroleum enters Sri Lanka’s fuel market, secures supply contract appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
United Petroleum Australia Pty Ltd has entered into a contract with Sri Lanka s Ministry of Power and Energy to supply petroleum products into the local market.
Across South Asia, an ominous great game is unfolding. China is battling for regional influence, with smaller buffer states caught in the middle as pawns. Far from peaceful rise, China’s tactics reveal a belligerent dragon pulling neighbors ever tighter into its orbit through debt-trap diplomacy, data colonialism and brazen political interference – a 21st century […]
As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government had “maintained” economic stability. The IMF’s communications chief, Julie Kozack, said the […]
A spacecraft built and flown by Texas-based company Intuitive Machines landed near the south pole of the moon on Thursday, the first U.S. touchdown on the lunar surface in more than half a century and the first ever achieved by the private sector.The post Moon landing today: US clinches first touchdown in 50 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Across South Asia, an ominous great game is unfolding. China is battling for regional influence, with smaller buffer states caught in the middle as pawns. Far from peaceful rise, China’s tactics reveal a belligerent dragon pulling neighbors ever tighter into its orbit through debt-trap diplomacy, data colonialism and brazen political interference – a 21st century […]
Under Secretary of State for Public Diplomacy Elizabeth Allen on Monday (19) declared US support for journalists here against the backdrop of enactment of ‘Online Safety Bill’ She spokes about press freedom and related issues at the Sri Lanka Press Institute Press Club. A statement issued by the US Embassy quoted Allen as having said […]