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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 officially begins fuel operations in Sri Lanka with discount offer (Category: Breaking News)
- Sinopec Lanka announces retail fuel prices for Sri Lanka (Category: Breaking News)
- Sinopec officially launches operations in Sri Lanka (Category: Breaking News)
- First Sinopec fuel cargo commence discharging (Category: Breaking News)
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 […...
- Port City, SLT, and Lotus Tower brought under new Ministry (Category: Breaking News)
- Colombo Lotus Tower attracts over 1.4 million visitors (Category: Breaking News)
- SLTDA denies issuing tickets to visit Lotus Tower (Category: Breaking News)
- Lotus Tower to commence operations in September (Category: Breaking News)
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 […]
- HSBC China fund JV to expand, internationalisation in focus (Category: Business)
- China to keep investing in euro zone debt – China c.bank gov. (Category: Business)
- Taiwan CB says hot money returning to markets (Category: Business)
- Ceybank Unit Trust pays Rs. 346 m as tax free dividend (Category: Business)
Islamabad [Pakistan], August 17 (ANI): Jamaat-e-Islami ameer Sirajul Haq has announced a nationwide protest from Friday over an increase in the price of petroleum products, Pakistan-based The News International reported. In a statement on Wednesday, Sirajul Haq condemned Pakistan’s caretaker government’s decision to increase price of petroleum products. He urged Pakistan’s caretaker Prime Minister...
- Introduction of a fuel price mechanism for deciding the sale price of petroleum products. (Category: Breaking News)
- Sri Lankan authorities increase liquor and cigarette prices (Category: Breaking News)
- Three more CPEC-like corridor projects to be started by Pakistan and China: Report (Category: Breaking News)
- “I feel pity that she is being used”: Nirmal Khanna on Mushaal Malik’s appointment in Pakistan’s... (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V (Category: Breaking News)
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
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 ...
- What’s next for India’s Chandrayaan-3 moon mission? (Category: Breaking News)
- India becomes fourth country to land on the moon (Category: Breaking News)
- Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’ (Category: Breaking News)
- Ranil writes to Modi congratulating him on moon landing (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
India today became the fourth country to land on the moon, and the first to land on one of the moon’s lunar poles. India staked new claim as a national superpower in space, landing its Chandrayaan-3 mission safely on the moon’s unexplored south pole today. The Chandrayaan-3 spacecraft launched last month and touch downed on […]
- Ranil writes to Modi congratulating him on moon landing (Category: Breaking News)
- What’s next for India’s Chandrayaan-3 moon mission? (Category: Breaking News)
- Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’ (Category: Breaking News)
- India lunar rover Pragyaan takes a walk on the Moon (Category: Breaking News)
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.
- Sri Lanka’s inflation climbed to 60.8% in July – CCPI (Category: Breaking News)
- Sri Lanka’s inflation increases to 66.7% in July (Category: Breaking News)
- Inflation in Sri Lanka drops to single-digit levels in July (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 4% in August (Category: Breaking News)
[…]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: IMF / World Bank – Systemic Reforms Needed (Category: Breaking News)
- Wickremesinghe Govt. Continues To Repress Freedoms Of Expression & Pursue Policies Against Minor... (Category: Breaking News)
- IMF Should Oppose Restrictions On Freedom of Expression & Civil Society Groups: HRW (Category: Breaking News)
- Tamils Detained For Commemorating War Dead: 9 Held Under Abusive PTA (Category: Breaking News)
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 […]
- Sri Lanka’s debt restructuring likely to be complete by September – IMF (Category: Breaking News)
- China only observer in Sri Lanka’s debt restructuring platform (Category: Breaking News)
- Sri Lanka expects major debt restructuring deals as IMF to review bailout - report (Category: Breaking News)
- Sri Lanka must avoid China’s debt restructuring as Beijing is to seek preferential treatment (Category: Breaking News)
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
- China s Sinopec to start operations in Sri Lanka in Sept. (Category: Breaking News)
- China’s Sinopec to enter Sri Lanka retail fuel market (Category: Breaking News)
- Sinopec issues clarification on fuel station project in Sri Lanka (Category: Breaking News)
- Sinopec officially begins operations in Sri Lanka with Rs. 3 discount offer (Category: Breaking News)
Contracts pertaining to the supply of aviation fuel for SriLankan Airlines are due to be awarded to fuel suppliers at the Hamad International Airport, Qatar and Kuwait International Airport, Kuwait.
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...
- IMF Team to conduct second review of Sri Lanka’s EFF program in March 2024 (Category: Breaking News)
- IMF staff to visit Sri Lanka in September for first programme review (Category: Breaking News)
- IMF begins second review of Sri Lanka’s bailout package today (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
The Philippines has accused China’s coast guard of firing water cannon at its vessels in the disputed South China Sea, describing it as illegal and dangerous. The Philippine coast guard said its vessels had been carrying food, water, fuel and other supplies for Filipino military personnel stationed
- China faces international criticism after its vessel fired water cannon on Philippine boats (Category: Breaking News)
- Philippines and China trade accusations over South China Sea collision (Category: Breaking News)
- Philippine and Chinese vessels collide in contested waters (Category: Breaking News)
- Ignoring China’s Ultimatum, Philippines To Hold Drills With Australia, Japan & US In Disputed So... (Category: Breaking News)
More than 3,000 US military personnel have arrived in the Red Sea on board two warships, part of a beefed-up response from the United States after alleged seizures of several civilian ships by Iran, the US Navy said. The US sailors and marines entered the Red Sea on Sunday after transiting through the Suez Canal […]
- SriLanka ready to face third world war: Minister Weerawansa (Category: Breaking News)
- Two US B-52 bombers fly over Persian Gulf in show of military force to Iran (Category: USA, New York)
- Two US B-52 bombers fly over Persian Gulf in show of military force to Iran (Category: USA, New York)
- Two US B-52 bombers fly over Persian Gulf in show of military force to Iran (Category: USA, New York)
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 […]
- SJB: State audit vindicates no-faith motion against Keheliya, remedial measures urgently required (Category: Breaking News)
- Health sector strike to resume on 01 Feb. (Category: Breaking News)
- 72 health sector unions to resume strike from Tuesday (Category: Breaking News)
- Ousting govt. only way to solve country’s problems – Women for Rights (Category: Breaking News)
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 […]
- SJB unionist: IOC and Sinopec benefit from special levy on fuel to recover CPC losses (Category: Breaking News)
- SJB TU accuses CPC, LIOC and Sinopec of making unconscionable profits (Category: Breaking News)
- Govt. increased fuel prices to please Sinopec – Trade unionist (Category: Breaking News)
- VAT on fuel already subjected to several taxes unfair – SJB trade union wing (Category: Breaking News)
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
- Debt Restructuring, Austerity, & The IMF: A Solution Or A Worsening Of The Problem? (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part IV (Category: Breaking News)
- Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III (Category: Breaking News)
[…]The post To Be Realistic, There Are Only Two Options appeared first on Colombo Telegraph.
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? (Category: Breaking News)
- Is State Owned Temasek A Useful Concept For Sri Lanka? (Category: Breaking News)
- Triangular Contest: To Be Realistic, There Are 3 Options: Response To Prof Kumar David (Category: Breaking News)
By Rathindra Kuruwita The government had increased the price of fuel to enable Sinopec, China’s leading international petroleum company to maximise profit, Convenor of the SJB trade union wing, Samagi Joint Trade Union Alliance, Ananda Palitha, alleged yesterday. Palitha
- SJB TU accuses CPC, LIOC and Sinopec of making unconscionable profits (Category: Breaking News)
- SJB unionist: IOC and Sinopec benefit from special levy on fuel to recover CPC losses (Category: Breaking News)
- VAT on fuel already subjected to several taxes unfair – SJB trade union wing (Category: Breaking News)
- Govt. flayed for jacking up fuel prices despite Rs 120 bn profit since last Sept. (Category: Breaking News)
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
UAE Minister of Energy and Infrastructure Suhail Al Mazrouei on Saturday expressed his gratitude to Prime Minister Narendra Modi and the Indian government for hosting the G20 Energy Transitions Ministers’ meeting in Goa calling the meeting “a very important one”. “A very important meeting and first I would like to thank the government of […]
- Russia Foreign Minister to attend regional summit SCO in Goa next week (Category: Breaking News)
- Our ties have entered T20 mode: PM on deepening relations with Australia (Category: Breaking News)
- India, UAE reach agreement on green hydrogen development and under sea cable connectivity (Category: Breaking News)
- World leaders in India for G20 summit (Category: Breaking News)
Islamabad [Pakistan], July 19 (ANI): Beyond the upcoming election cycle and the current standby agreement, Pakistan needs another International Monetary Fund (IMF) program and assistance from other multilateral lenders, the lender stated in a report released on Tuesday, according to Dawn. “Resolving Pakistan’s structural challenges, including long-term BOP [balance of payments] pressures, will req...
- Pakistan’s election chaos casts shadow on next IMF deal (Category: Breaking News)
- As economic situation looks gloomy in Pakistan, IMF advises strict measures (Category: Breaking News)
- Former Pak Finance Minister Miftah Ismail says things to ‘remain tight for a while’ on economic ... (Category: Breaking News)
- IMF seeks more Pak assurances before releasing bailout package (Category: Breaking News)
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 […]
- Sri Lanka s Vaulting Queen works as Dubai housemaid to support family at home (Category: Breaking News)
- Daughter of Sri Lankan immigrants wins Australia’s biggest literary prize (Category: Breaking News)
- UN Resident Coordinator and Ranil discuss human rights (Category: Breaking News)
- Thai King makes donation to rehabilitate elephant mistreated in Sri Lanka (Category: Breaking News)
New York [US], July 19 (ANI): India’s permanent representative to the United Nations Ruchira Kamboj expressed India’s deep concern about the conflict in Ukraine and urged for an immediate cessation of hostilities as well as a return to dialogue and diplomacy at United Nations General Assembly Annual Debate on Ukraine. She also emphasized that this […]
- “Dialogue and diplomacy are the only way forward”: India in UNSC on Russia-Ukraine conflict (Category: Breaking News)
- India’s G20 presidency hot topic in Chinese media. But Beijing won’t discuss LAC at the summit (Category: Breaking News)
- Ukraine invasion could cause global food crisis, UN warns (Category: Breaking News)
- Is The World, Hopelessly Divided Over Ukraine, Coming Together For Sri Lanka? (Category: Breaking News)
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 and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India (Category: Breaking News)
- Indian Prime Minister urges Sri Lankan President to ensure “life of dignity and respect” for Tam... (Category: Breaking News)
- HC Moragoda pushing for land connectivity with India (Category: Breaking News)
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.
- Sri Lanka trying to reduce overall debt by $17 Billion, president says (Category: Breaking News)
- India seeks ‘positive transformation’ in bilateral ties during Sri Lanka President’s upcoming vi... (Category: Breaking News)
- Sri Lanka and India reach agreements on Renewable Energy, Animal Husbandry, and more (Category: Breaking News)
- Sri Lanka could wrap up debt restructure talks by Sept, president says (Category: Breaking News)
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