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By GUWAN SEEYA First, there was the China Bay airport nominated as a possible alternative to the Bandaranaike International Airport (BIA). The advantage was that since Sri Lanka was mainly affected by two Monsoons namely the South West and the North East, during that time the opposite coast has generally had good weather. For example, […]
- Another international airport! (Category: Breaking News)
- Aviation Minister: Mattala Airport loss reduced to Rs 1.1 bn this year (Category: Breaking News)
- Mattala International Airport almost complete (Category: Breaking News)
- Air Arabia inaugurates flights to Sri Lanka from Abu Dhabi (Category: Breaking News)
Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-billion-dollar refinery, the South Asian island nation’s energy minister said on Saturday. “It’s on the agenda for Monday. Once the cabinet gives approval, we will invite them to sign the agreement,” Power and Energy Minister Kanchana Wijesekera told […]
- China’s Sinopec to begin islandwide fuel distribution in Sri Lanka (Category: Breaking News)
- Sinopec offers to fully finance Hambantota refinery (Category: Breaking News)
- China’s Sinopec to enter Sri Lanka retail fuel market (Category: Breaking News)
- Sinopec to operate 200 filling stations in Sri Lanka (Category: Breaking News)
Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a $4.5-billion-dollar refinery, the South Asian island nation's energy minister said on Saturday.The post Sri Lanka to OK Sinopec’s $4.5 billion refinery proposal on Monday – minister appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka likely to approve Sinopec s $4.5bn refinery proposal on Monday (Category: Breaking News)
- Sri Lanka approves Sinopec’s $4.5 billion refinery proposal (Category: Breaking News)
- Sri Lanka to approve Sinopec’s $4.5 billion refinery proposal (Category: Breaking News)
- Sinopec offers to fully finance Hambantota refinery (Category: Breaking News)
RM Parks Inc, a leading petroleum products distributor in the United States signed an agreement with the Board of Investment (BOI) for U$ 110 million to bring Shell products to Sri Lanka.The post RM Parks signs $110 million petroleum agreement with Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
- US energy company and Sri Lanka sign fuel distribution deal (Category: Breaking News)
- US-based RM Parks signs $110mn agreement with Sri Lanka (Category: Breaking News)
- Sri Lanka signs deal with RM Parks and Shell to enter fuel market (Category: Breaking News)
A US energy company and Sri Lanka signed a fuel distribution deal to begin retail petroleum distribution operations in Sri Lanka in January 2024, the Ministry of Power and Energy said. RM Parks signed the agreement with the Board of Investment (BOI) and the Ministry of Power and Energy. RM Parks in a collaboration with […]
- Seven companies submit EOIs for Hambantota refinery (Category: Breaking News)
- Masters of the game….. (Category: Breaking News)
- New Maldives President Dr Muizzu and Ranil hold extensive talks (Category: Breaking News)
- Japan looks at investment opportunities in Sri Lanka (Category: Breaking News)
[…]The post Regain A Vision Of Rhe Common Good appeared first on Colombo Telegraph.
- System Change Happening In Wrong Direction (Category: Breaking News)
- Pragmatism Needs Fairness To Be Statesmanlike (Category: Breaking News)
- What The President Can Do Before He Goes (Category: Breaking News)
- Preoccupation With Repression Will Be Counter-Productive (Category: Breaking News)
[…]The post Still, The Mirage appeared first on Colombo Telegraph.
- Pyromaniacs On The March (Category: Breaking News)
- The Smell Of Terror (Category: Breaking News)
- Conspiracy There Was, In Enthroning Gota; Not In Dethroning Him! (Category: Breaking News)
- Unthinking Nation (Category: Breaking News)
Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors a key sticking point with countries like India paving the way for more loans from the International Monetary Fund.The post Sri Lanka gives China deal details, keeping IMF aid on track appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF to visit Sri Lanka in late August for staff-level agreement – Central Bank Governor (Category: Breaking News)
- Sri Lanka to officially present IMF deal, debt restructuring plans to creditors tomorrow (Category: Breaking News)
- Sri Lanka Says Inflation Nears Peak, Easing Pressure on Economy (Category: Breaking News)
- Sri Lanka central bank chief says sovereign lenders yet to outline debt talks plans (Category: Breaking News)
By Uditha Devapriya Interactions are about connections. Connections are not always about commonalities. After all, it is not just commonalities that are celebrated, it is also differences. There are many ways of celebrating differences, many ways of affirming them. The Interact Movement in Sri Lanka is now almost 60 years old. The Interact Club of […]
- Covid surge in China (Category: Breaking News)
- Holcomb Announces New Limits As COVID Cases Surge (Category: USA, Indiana)
- Holcomb Announces New Limits As COVID Cases Surge (Category: USA, Indiana)
- Holcomb Announces New Limits As COVID Cases Surge (Category: USA, Indiana)
President Ranil Wickremesinghe has announced in his budget speech that he has allocated Rs 2 billion to construct another international airport at Hingurakgoda (Minneriya). Really? We already have ‘International Airports’ at Ratmalana, Jaffna/Palaly (KKS), Mattala, Batticaloa and Katunayake. In fact, in the North, South, East and West of the island. BIA-Katunayake is the only International […...
- Strength of airport and aviation security to be increased (Category: Breaking News)
- Harin batting for India (Category: Breaking News)
- Lanka jet fuel prices highest among major Asian airports: IATA (Category: Breaking News)
- Indian firm to manage three key airports here asks Minister Harin (Category: Breaking News)
[…]The post Postponing Elections & Inviting The Dragon: Sri Lankan President’s China Tilt appeared first on Colombo Telegraph.
- Modi’s Wolf Worrier Diplomacy Opens A Window For China In South Asia (Category: Breaking News)
- Rise Of Ultranationalism & Elections, Tamil Nationalism & Resurrection Of LTTE Ideology In Sri L... (Category: Breaking News)
- Channel 4’s Easter Sunday: The IMF Descends Amid An Over The Horizon Operation Staring ‘Sonic-So... (Category: Breaking News)
- The Influence Of Sirima Bandaranaike & Ranil Wickremesinghe On The Foreign Policy Of Sri Lanka (Category: Breaking News)
Sri Lanka is likely to raise taxes and curb spending in its annual budget to meet the International Monetary Fund’s conditions and maintain a $3 billion bailout, but elections next year might see the government delay some reforms.The post Sri Lanka to use budget to meet some IMF pledges as polls near appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF eyes creditor assurances as it prepares Sri Lanka visit (Category: Breaking News)
- Sri Lanka’s debt restructuring: China expected to inform its support to IMF today (Category: Breaking News)
- IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) (Category: Breaking News)
- Sri Lanka thanks India for giving assurances to IMF for USD 2.9 Billion bailout package (Category: Breaking News)
Sri Lanka President Ranil Wickremesinghe will seek to boost tax revenue and rationalise spending in the government’s second full-year budget on Monday, targeting a return to growth for the crisis-hit economy while keeping an eye on elections.The post Sri Lanka balances polls and crisis recovery in 2024 budget deliberations appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka’s 2024 budget sets ambitious revenue, deficit targets (Category: Breaking News)
- Sri Lanka budget to seek recovery for crisis-hit economy (Category: Breaking News)
- Sri Lanka to receive about $600 million ADB funding post-IMF approval – official (Category: Breaking News)
- Sri Lanka’s 2023 budget aims to put crisis-hit economy back on track (Category: Breaking News)
MMBL- Pathfinder Joint Venture Intertek Lanka, the MMBL-Pathfinder joint venture with Intertek Caleb Brett (UK) is known for its expertise in qualitative and quantitative analytical assessment services to the oil and gas, chemical, and other commodities markets. In early 2021 Intertek Lanka invested in the Hambantota International Port, establishing an on-site state-of-the-art petroleum testing la...
- Nawaloka Laboratory sets new healthcare standards with ISO 15189:2022 accreditation (Category: Breaking News)
- RIOCOCO donates Rs. 20 million-worth high tech computer lab to Nalanda College, Colombo (Category: Breaking News)
- Ceymed unveils newly refurbished centre in Nugegoda (Category: Breaking News)
- Deaths in Gambia, Indonesia due to low quality medicines: SL could be next victim – CMLS (Category: Breaking News)
[…]The post SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Don’t Ignore The Message Delivered By IPS SOE22 (Category: Breaking News)
- Navigating The Economic Reawakening & Sustainable Growth (Category: Breaking News)
- IMF Facility? Is It Sufficient To Deliver Prosperity To Sri Lankans? (Category: Breaking News)
- Pointless Debate On The Economy When Issue At Hand Is Much Broader (Category: Breaking News)
[…]The post The Urgent & Critical Issues Related To Climate Change appeared first on Colombo Telegraph.
- An Oxygen Economy (Category: Breaking News)
- Is Sri Lanka Ready For The Climate Conference? (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- Of That Heavy Carbon Footprint (Category: Breaking News)
Fuel prices in Sri Lanka have been revised with effect from midnight on October 31, 2023.The post Sri Lanka revises fuel prices from October 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka increases fuel prices from August 31, 2023 (Category: Breaking News)
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
- Sinopec increases fuel prices in Sri Lanka (Category: Breaking News)
- Fuel prices revised in Sri Lanka (Category: Breaking News)
Sinopec Energy Lanka (Pvt) Limited  the Beijing-based oil and gas giant s subsidiary in Sri Lanka  has also revised the prices of its petroleum products in keeping with the amended rates announced by Ceypetco and Lanka IOC.
- Terminal Award (Category: Business)
- Fashion Freight (Category: Business)
- Capital Cushion (Category: Business)
- Share Allocation (Category: Business)
by Eng Parakrama Jayasinghe parajayasinghe@gmail.com Electricity consumers reeling from the massive increase in tariff in February (adjusted somewhat in July 2023) were naturally appalled by the request for a further increase by the Ceylon Electricity Board (CEB). A public consultation was held on 18 October 2023 by the Public Utilities Commission of Sri Lanka (PUCSL) […]
- How long will power cuts be? (Category: Breaking News)
- CEB GM Eng. Rohan Seneviratne steers electricity sector toward sustainable and renewable future (Category: Breaking News)
- Everyone for himself or herself in electricity sector (Category: Breaking News)
- Correct method of pricing electricity and need to reduce costs (Category: Breaking News)
[…]The post Current State Of Sri Lankan Economy, According To Dhananath Fernando appeared first on Colombo Telegraph.
- Dhananath Fernando – determined to do much for Sri Lanka (Category: Breaking News)
- RW’s Tax Hike Welcome But Much More To Be Done To Come Out Of The Crisis (Category: Breaking News)
- PAYE Tax; Will There Be A Mass Exodus? (Category: Breaking News)
- SC Judgment, Fiscal Philosophy, & Long-Term Decisions For A Brighter Future (Category: Breaking News)
[…]The post Isn’t It Time For Sri Lanka To Expel Israelis? appeared first on Colombo Telegraph.
- Genocide Of Palestinian Began Since 1948 (Category: Breaking News)
- Israel – Most Condemned UN Member (Category: Breaking News)
- Who Is The Terrorist In The Israeli War On Gaza? (Category: Breaking News)
- Sri Lanka Supports US War-Mongers Against Houthis (Category: Breaking News)
by Zinara Ratnayake It’s Lansi food,” Stephanie Herft begins to describe lamprais. Herft is the founder of Lansi’s, a home-based food delivery business that began in May 2019, in Colombo. I’m talking to Herft over the phone on a Sunday evening. She had just delivered a carton of lamprais, a Sunday afternoon staple at Lansi […]
- Rice morning , noon ,and night in Sri Lanka (Category: Breaking News)
- A Sticky Sri Lankan Dessert Steeped in History (Category: Breaking News)
- Blowing-up Air Lanka’s Tristar-36 on May 3, 1986 (Category: Breaking News)
- Dutch to formally return Lankan artefacts at two-day event at Colombo Museum (Category: Breaking News)
[…]The post Target 2048 – Growth Lab Experiment Should Be Converted From A Mere Wish To Ground Level Reality appeared first on Colombo Telegraph.
- Colombo University Business Economic Summit 2024: Keynote Address (Category: Breaking News)
- Target 2048 Requires Sri Lanka To Develop A Viable Creative Capital Base (Category: Breaking News)
- Proposed Labour Reforms: When A Labour Lawyer Speaks Like A Labour Economist (Category: Breaking News)
- SOE 2023: IPS Offers Some Inputs To Proposed Growth Lab (Category: Breaking News)
A daily pricing formula for fuel is set to be introduced in introduced in Sri Lanka in February 2024.
IMF staff and the Sri Lankan authorities have reached a staff-level agreement on economic policies to conclude the first review of the 48-month EFF-supported programme. Sri Lanka will have access to SDR 254 million (about 330 million U.S Dollars) in financing once the review is approved by the IMF Management and IMF Executive Board. Macroeconomic […]
- IMF review agreement will help Sri Lanka fast-track debt restructuring: state minister (Category: Breaking News)
- Lanka expected to reach agreement with its commercial creditors – IMF (Category: Breaking News)
- IMF reaches staff-level agreement on Second Review of Sri Lanka’s EFF (Category: Breaking News)
- Ceylon Chamber of Commerce commends Staff-Level Agreement on first review with IMF, calls for co... (Category: Breaking News)
China is willing to offer assistance to Sri Lanka without political conditions and buy more of its exports, President Xi Jinping told his Sri Lankan counterpart on Friday in Beijing, state media said.The post China’s Xi offers to help Sri Lanka; buy more of its exports appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- President Wickremesinghe places his trust on Xi Jinping (Category: Breaking News)
- China says willing to help Sri Lanka without political conditions (Category: Breaking News)
- Chinese Wings (Category: Business)
- Sri Lanka asks China for help with trade, investment and tourism (Category: Breaking News)
Sri Lanka and the International Monetary Fund (IMF) have reached a staff-level agreement on economic policies to conclude the first review of US $ 3 billion, 48-month, Extended Fund Facility (EFF).The post Sri Lanka reaches IMF staff-level agreement on first review appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- IMF Executive Board considers Sri Lanka’s loan facility for approval today (March 20) (Category: Breaking News)
- First review of IMF’s Extended Fund Facility for Sri Lanka to commence today (Category: Breaking News)
- IMF not expected to discuss Sri Lanka before year-end – sources (Category: Breaking News)
- Despite signs of stabilization, full economic recovery not yet assured – IMF Mission (Category: Breaking News)
The International Monetary Fund (IMF) and Sri Lanka have reached a crucial staff-level agreement which is now subject to the approval by IMF management and the IMF Executive Board. After constructive discussions with the authorities in Colombo and during the Annual Meetings in Marrakech, IMF Senior Mission Chief for Sri Lanka Peter Breuer and Deputy […]
- D-day for Sri Lanka as IMF Executive Board meets to decide on EFF (Category: Breaking News)
- IMF Executive Board to decide on Sri Lanka’s EFF on March 20 (Category: Breaking News)
- IMF delegation to visit Colombo next week (Category: Breaking News)
- IMF says full economic recovery in Sri Lanka is not yet assured (Category: Breaking News)
By Shamindra Ferdinando The government has requested UN intervention to prevent the large Indian fishing fleet from poaching in Sri Lankan waters. Fisheries Minister Douglas Devananda has made the request on behalf of the Wickremesinghe-Rajapaksa government. A statement issued by the Fisheries Ministry on 16 Oct., quoted Devananda as having told UN Resident Coordinator in […]
- Poaching Indian fishers turn violent, attack Navy personnel in SL waters (Category: Breaking News)
- Navy apprehends poaching fishers in spite of TN protests (Category: Breaking News)
- Devananda warns against endangering lives of encroaching Indian fishers (Category: Breaking News)
- Minister Devananda complains against Jaffna police (Category: Breaking News)
Sri Lanka's president on Wednesday said debt relief for low-income countries should be part of the green transition and inaction on debt could pose an existential threat to China's Belt and Road Initiative.The post Sri Lanka president urges debt relief to help green transition appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Sri Lanka looks at debt relief through nature conservation – report (Category: Breaking News)
- Sri Lanka President highlighted challenges faced in debt restructuring process to U.S. Treasury ... (Category: Breaking News)
- Sri Lanka has initiated an action plan to ensure a Green Economy by 2050 Â President (Category: Breaking News)
- President proposes meeting of Agriculture Ministers of all countries to evaluate food requiremen... (Category: Breaking News)
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