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Fuel prices in Sri Lanka have been increased with effect from midnight on August 31, 2023.The post Sri Lanka increases fuel prices from August 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The Ceylon Petroleum Corporation (CEYPETCO) says it has increased fuel prices. The price revision comes into effect from midnight today (Aug. 31).
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, 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 […...
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 […]
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...
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI appeared first on Colombo Telegraph.
The Sri Lanka Institute of Marketing (SLIM) is thrilled to announce the eagerly anticipated launch of the 2023 edition of SLIM DIGIS, 2.3, the unique platform that recognizes and applauds the forefront of digital innovation in the marketing landscape. Marking a new chapter in digital marketing excellence, this year’s SLIM DIGIS will include categories that […]
India’s EV market is expected to grow at an impressive compound annual growth rate (CAGR) of 49 per cent from 2022 to 2030. The country is making rapid strides to make electric vehicles (EV) occupy 30 per cent of the automobile market share by 2030. The EV sector may generate 5 million employment opportunities. According […]
Outgoing Sri Lankan High Commissioner to India, Milinda Moragoda, paying a farewell call on Indian Minister of Road Transport Highways Nitin Gadkari, has discussed cooperation in promoting alternatives to fossil fuels such as electricity and bio-fuels in the transport sector.
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 ...
By Shiran Ranasinghe Filling station operators on Thursday, warned that they would take legal action against Ceylon Petroleum Corporation (CPC) if the state-owned entity stopped providing fuel to gas stations that refuse to enter into agreements with China’s Sinopec. President of the Ceylon
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V appeared first on Colombo Telegraph.
An Indian spacecraft became the first to land on the rugged, unexplored south pole of the moon on Wednesday in a mission seen as crucial to lunar exploration and India's standing as a space power, just days after a similar Russian lander crashed.The post Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’ appeared first on ONLANKA - Sri Lanka Latest Breaking News...
India’s External Affairs Minister S Jaishankar on Wednesday pledged continued development assistance in every possible area to Sri Lanka amid its ongoing economic crisis.The post India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
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 […]
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.
[…]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’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 […]
The US and Australia gave the Sri Lanka Air Force, and Navy fuel when there was a shortage of fuel in the country. President’s Senior Advisor on National Security Sagala Ratnayaka said that India has also stepped up beyond the call of duty to lend Sri Lanka a hand. He was speaking after a successor
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III appeared first on Colombo Telegraph.
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
pitches that fuel positive, aggressive play and […]
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.
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.
By Norman Palihawadane Five persons were seriously injured and admitted to the Dickoya Base Hospital after their SUV collided with a fuel bowser on Saturday night. The accident occurred at the Dimbula Pathana junction, on the Hatton – Nuwara Eliya road around 10 pm. The SUV, travelling from Norwood
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...
Four persons have been admitted to the Dickoya Base Hospital after a jeep collided with a fuel bowser on the Hatton  Nuwara Eliya road last night (12 Aug).
By Anuradha Hiripitiyage The secretary of the Electricity Consumers’ Association, Sanjeewa Dhammika said yesterday (11) that the government was planning to spend about Rs 40 billion on emergency power purchases in the coming three months. Despite the government’s claims of promoting renewables, the Minister of Power and Energy Kanchana Wijesekera has presented a Cabinet paper […]