An online crowdfunding platform titled ‘Rebuild Sri Lanka’ launched by the United Nations Development Programme (UNDP) is now live providing the opportunity for global citizens to contribute to alleviating the impacts of the crisis in the island nation, the UNDP said.The facility can be accessed at www.undp.org/srilanka/donate. Sri Lanka is undergoing its worst economic crisis […]

Interested parties can contribute to two ailing sectors: healthcare and food.

Filling Station Association has said nearly 300 filling stations have been temporarily closed

“We asked them to register with the police because it will make it easier to identify them."

(PTI) The IMF chief Kristalina Georgieva yesterday (4) said she is pleased the Washington-based lender and the Sri Lankan government have reached a staff-level agreement to provide about $2.9 billion to help the bankrupt country, terming the deal as an “important step forward.” The International Monetary Fund (IMF) on Thursday announced that it will provide […]

Sri Lanka’s High Commissioner in New Delhi, Milinda Moragoda, has declared that the preliminary agreement with the International Monetary Fund (IMF), under which Sri Lanka could receive $2.9 billion to tackle the ongoing economic crisis, is a “first step” in the long haul of economic recovery, but would provide the country and investors “confidence” to […]

Sources close to Rajapaksa say he will not involve in active politics again

Sri Lanka's politicized petroleum sector has been mostly subsidized in post-independence era.

President Wickremesinghe through interim budget expects 2.5 million tourists in 2023.

Wickremesinghe is budgeting in a sea of monetary instability

By CHANDRA FERNANDO Educational Consultant, USA The last few months of this year have been a time of great anxiety and much hardship for the people of Sri Lanka. No matter on which side of the political divide one stands, common problems converge into a cloud of nervousness, unease and uncertainty. Sri Lankans have not […]

Wednesday 31st August, 2022 Trade unions in the power and energy sectors are up in arms against a government move to restructure the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC). They would have the public believe that the blame for the staggering losses the two institutions have been incurring should be laid […]

Fuel shortages drive power cuts despite coal plant

Requests the public not to distress unnecessarily

Motorists see queues again as many filling stations have run out of fuel stocks.

Sri Lanka is facing a looming food shortage after ban on fertilizer import

Diesel was in short supply, CPC has begun fuel distribution, Kumara Rajapakshe, Chairman of the Gas Station Owners’ Association, said yesterday.He added that a number of gas stations were now closed temporarily due to fuel shortages. Due to the diesel shortage, fewer than 50% buses were operational

"This is a positive step and I am positive that the winter tourism season will perform well."

The UK no longer advises against all but essential travel to Sri Lanka

As of August 23 more than six million vehicles have signed up for the QR system.

Yala cultivation of 512,000 ha would be record

Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.