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Four in every 10 households in Sri Lanka experienced a reduction in their incomes from June to December 2022, and one in every two households are currently relying on negative coping mechanisms to cope with the lack of food or money to buy it, a Food and Agriculture Organisation (FOA) report said. In its response […]
An estimated 5.7 million people (26 per cent of the population) or more are now in need of humanitarian assistance, with at least 4.9 million (22 per cent) being food insecure, a situation report by International Federation of Red Cross And Red Crescent Societies (IFRC) said. The report issued on December 28 said the current […]
[…]The post Can Sri Lanka Drive Itself From Bankruptcy To Prosperity In 2023? appeared first on Colombo Telegraph.
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.
When Sri Lanka slid into its worst economic crisis in seven decades leading to deadly riots and alarming shortages of fuel, food and medicines earlier this year, its giant northern neighbour stepped into the breach.The post India makes inroads into Sri Lanka under China’s long shadow appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
India, the world’s third-largest producer of renewable energies, will look to project its soft power through its green initiatives during G20 Presidency, writes Olivier Guillard for French publication, Asialyst. “On December 1, India, for the first time in its history, took over the presidency of the G20. Through its green initiatives, the world’s third largest […]
The fuel consumption in Sri Lanka has plunged by 50 percent in the last months of 2022, compared to the first few months of the year, the state-owned fuel distributor Ceylon Petroleum Corporation (CPC) said on Monday.The post Fuel consumption in Sri Lanka drops 50% in December appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
By Rathindra Kuruwita The national fuel consumption had dropped by 50 percent towards the latter part of 2022, compared to the first few months of the year, the Ceylon Petroleum Corporation (CPC) said. The CPC said that in the first few months of 2022, the daily petrol and diesel consumption had increased. The daily fuel […]
The fuel consumption in Sri Lanka has plunged by 50 per cent in the last months of 2022, compared to the first few months of the year, the state-owned fuel distributor Ceylon Petroleum Corporation (CPC) said on Monday.
A Scottish blogger fears she will now be trapped in Sri Lanka for six months after British diplomats said they could not force the countries authorities to return her passport. Kayleigh Fraser, a medical researcher from St Andrews, who has been living in the country since last year, has been locked in a legal battle […]
Sri Lanka's military is holding a Christmas carnival at the seafront site of an anti-government protest that forced the country's previous president to flee and quit office earlier this year.The post Sri Lankan protest site gets Christmas carnival makeover appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
India’s Lines of Credit to Sri Lanka has crossed US$ 3.2 billion so far, according to figures released by the Indian High Commission in Colombo. The High Commission said that India and Sri Lanka enjoy a multi-faceted and multi-sectoral partnership. In line with its ‘Neighbourhood First’ policy, Government of India’s assistance to the people of Sri […]
[…]The post Who Are Primarily Responsible For The Economic Disaster, The Politicians Or The People? appeared first on Colombo Telegraph.
A number of projects in the Hambantota International Port’s Industrial Park, including a mega capacity warehouse, are nearing completion. Hambantota International Port Group said that in spite of a certain slowdown during COVID-19, the international industrial park has secured over 40 projects from over 08+ countries and has emerged stronger as ever, adhering to their […]
The United Nations (UN) has assured support for the most vulnerable and food insecure households with severely malnourished children in Sri Lanka. The Food and Agriculture Organization of the United Nations says 2 500 backyard gardens will be established and capacity-building activities on improved nutritional and dietary practices will be facilitated, to enhance food production […]
Sri Lanka is to sell four plots of land in Colombo Port City for an investor to establish a facility for bunkering, a Minister told journalists.The post Sri Lanka to sell plots in Colombo Port City for bunkering – Minister appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka would sell four plots of land at the Colombo Port City to an investor for the establishment of a facility for bunkering, a minister told journalists on Saturday. Minister of Ports, Shipping and Aviation, Nimal Siripala de Silva said that they have also called for expressions of interest to start an aviation fuel storage […]
[…]The post 2023: Saffron, Kurahan, Red Or Green? appeared first on Colombo Telegraph.
The operations of the Sapugaskanda Oil Refinery will resume today (December 16) after receiving another 90,000 MT of crude oil for refining at the facility.The post Sapugaskanda Oil Refinery operations resumes today after two months appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
President Ranil Wickremesinghe said that hunger has no party or colour and that everyone should come together to make the food security program a success in order to face the future food shortage as a strong country.The post Everyone should unite to make food security program a success – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Sri Lanka's economy shrank 11.8% in the July-September quarter from a year ago, the second worst for the country, government data showed on Thursday, as it struggled with deep unrest sparked by its most severe financial crisis in decades.The post Sri Lanka’s economy shrinks 11.8% in second-worst performance appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The United Kingdom on Monday (Dec. 12) issued an updated travel advisory to its citizens arriving in Sri Lanka, announcing that the island nation is experiencing a severe economic crisis which has led to shortages of basic necessities including medicines, cooking gas, fuel and food.
[…]The post Machiavellians Tend To Be Demonic: Stuck Between A Rock & A Hard Place appeared first on Colombo Telegraph.
By D. L. Sirimanne I dreamt I was the Radio Officer on a KLM Super Constellation flight to Colombo with a Dutch crew. Flight Information sent us a ‘red alert’ that Colombo Airport was closed and to divert the flight to Jaffna. I immediately informed the Captain and he accordingly altered heading to Jaffna. I […]
More parents in Sri Lanka are seeking to admit their children to childcare institutions due to increasing food insecurity, poverty and internal and external labour migration, the United Nations (UN) said. UNICEF said that child protection issues increased significantly in 2022, especially in rural and estate areas. “Children face protection challenges, with more parents seeking […]
[…]The post RW’s Political Rating & Fitch’s Credit Rating appeared first on Colombo Telegraph.
By Rathindra Kuruwita Cabinet spokesman Minister Bandula Gunawardena yesterday (06) said Sri Lanka wouldn’t be in a position to be part of the international trading system unless it boosted its foreign reserves by selling some of its assets. Gunawardena, who also holds media and transport portfolios said so at yesterday’s post-Cabinet press briefing. Responding to […]
[…]The post President’s Peace Overture Ignores Muslims appeared first on Colombo Telegraph.
Global lenders including the World Bank, the Asian Development Bank and the IMF are planning coordinated assistance to help Sri Lanka recover from its economic crisis, the government said on Tuesday.The post Global lenders eye coordinated assistance for Sri Lanka – Government appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
Power and Energy Minister Kanchana Wijesekera today insisted that the revision of electricity tariffs by the Ceylon Electricity Board (CEB) is a must. Wijesekera told Parliament that failure to revise the electricity tariffs could result in extended power cuts. He said that the proposals to revise the CEB electricity tariffs will be put forwarded to […]