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The Ceylon Petroleum Corporation (CEYPETCO) has revised fuel prices with effect from midnight on Friday.
The Public Utilities Commission of Sri Lanka (PUCSL) has approved an overall 14.2 percent reduction, with conditions, in the electricity tariff with effect from 1st July. Accordingly, lower electricity users in the category of 0 -30 units will recieve a 65 percent electricity tariff reduction, users who are under the category of units 31-60 a […]
- CEB submits proposal to PUCSL to reduce power tariffs (Category: Breaking News)
- Electricity tariffs to be revised in January (Category: Breaking News)
- CEB seeks 82% increase in electricity tariffs (Category: Breaking News)
- PUCSL approves 66% electricity tariff increase (Category: Breaking News)
Sri Lankan tea prices that had been piping hot have cooled off as production in the world’s fourth-largest tea grower begins to recover.The post Sri Lanka tea prices dip 40% from record high on production rebound appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Prices of cup of plain tea and milk tea reduced (Category: Breaking News)
- Sri Lanka tea industry to fully recover next year, says minister (Category: Breaking News)
- Leaf Trend (Category: Business)
- Crop Condition (Category: Business)
By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation sector, established by the British, has been from the start (and even now) an export-oriented economy....
- Spices can be a main sector of Sri Lanka economy: President (Category: Breaking News)
- The Peril of going to the IMF: Is there an alternative? (Category: Breaking News)
- Competing interests of trade and agriculture (Category: Breaking News)
- Why record export earnings may not be good news (Category: Breaking News)
Transport Minister Bandula Gunawardena announced on Sunday that the Cabinet of Ministers had approved a proposal to operate electric buses in the city of Colombo. The decision aims to mitigate environmental damage caused by exhaust fumes and the impact of rising fuel prices. Minister Gunawardena emphasised the importance of operating all public transport vehicles including […]
- SLTB tottering after latest diesel hike (Category: Breaking News)
- Greens, Liberal transport policies get thumbs up (Category: Australia, Victoria)
- Good public transport possible in 'burbs: study (Category: Australia, Victoria)
- The freshest, best scented candles to help change up your mood (Category: USA, Iowa)
There is no shortage of Petrol Octane 95 or any other petroleum products at filling stations owned by both the Ceylon Petroleum Corporation (CEYPETCO) and the Lanka Indian Oil Corporation (LIOC), Minister of Power and Energy Kanchana Wjiesekera said.The post Sri Lanka’s Power and Energy Minister assures no shortage of petroleum products appeared first on ONLANKA News - Sri Lanka Latest Break...
- Weekly fuel quota for all types of vehicles increased (Category: Breaking News)
- Fuel prices reduced in Sri Lanka (Category: Breaking News)
- 35,000 MT petrol shipment to arrive in Sri Lanka tonight (August 11) (Category: Breaking News)
- Minister assures no shortage of petroleum products (Category: Breaking News)
Sri Lanka’s State Minister of Finance Ranjith Siyambalapitiya said on Friday (June 16) that import of vehicles cannot be allowed at this moment under the prevailing economic situation.The post Sri Lanka’s Finance State Minister says vehicle imports cannot be allowed yet appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Overseas travel ban on Basil Rajapaksa temporarily lifted (Category: Breaking News)
- Circular to be issued preventing Government institutions from paying employees’ PAYE taxes (Category: Breaking News)
- Sri Lanka to relax Import restrictions on 328 more items from tonight (Category: Breaking News)
- Sri Lanka to introduce pension scheme for self-employed people (Category: Breaking News)
It is important that Sri Lanka restructures its debt and relaxes the restrictions imposed on imports by the end of this year, Sri Lankan High Commissioner to India, Milinda Moragoda told News First in an interview on Thursday night. Sri Lanka has suspended its external debt repayments and the import of many goods, which are against […]
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
- IT professionals leaving country (Category: Breaking News)
- UK, US pressure Lanka to repeal PTA (Category: Breaking News)
- India lifts onion export ban for neighbour Sri Lanka (Category: Breaking News)
It was important for Sri Lanka to restructure its debt and relax import restrictions by the end of this year, Sri Lankan High Commissioner to India, Milinda Moragoda told News First in an interview on Thursday night. Sri Lanka had suspended its external debt repayments and the import of many goods, which are against some […]
- OPA panel discussion: The Role of Domestic Aviation in Sri Lanka Tourism (Category: Breaking News)
- IT professionals leaving country (Category: Breaking News)
- UK, US pressure Lanka to repeal PTA (Category: Breaking News)
- India lifts onion export ban for neighbour Sri Lanka (Category: Breaking News)
The pharmaceutical industry in Sri Lanka has warned against anyone dictating the pricing of pharmaceuticals in a unilateral or random manner. The industry also called for a transparent, equitable and fair pricing mechanism that is applicable to all pharmaceuticals. The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) said that there have been various misleading claims […]
- Sri Lankan pharmaceutical prices lowest in the region says trade body (Category: Business)
- Chinese Vice Minister of Foreign Affairs to visit Sri Lanka for talks (Category: Breaking News)
- PUCSL Chairman claims fuel price can be reduced further (Category: Breaking News)
- Singer Launches Premium Smartphone Brand HONOR (Category: Breaking News)
Some countries, including Australia and the US, are continuing to maintain a travel advice on Sri Lanka with visitors being told to exercise caution. The US travel advisory issued last October maintains that visitors must exercise increased caution in Sri Lanka due to fuel and medicine shortages, civil unrest, and terrorism. “Protests over the economic […]
- Some countries maintain travel advice on Sri Lanka (Category: Breaking News)
- New Zealanders told to avoid non-essential travel to Sri Lanka (Category: Breaking News)
- Australians warned of protests in Sri Lanka (Category: Breaking News)
- New Zealand insists Kiwis not advised against travelling to Sri Lanka (Category: Breaking News)
Some countries, including Australia and the US, are continuing to maintain a travel advice on Sri Lanka with visitors being told to exercise caution. The US travel advisory issued last October maintains that visitors must exercise increased caution in Sri Lanka due to fuel and medicine shortages, civil unrest, and terrorism. “Protests over the economic […]
- Some countries maintain travel advice on Sri Lanka (Category: Breaking News)
- New Zealanders told to avoid non-essential travel to Sri Lanka (Category: Breaking News)
- Australians warned of protests in Sri Lanka (Category: Breaking News)
- New Zealand insists Kiwis not advised against travelling to Sri Lanka (Category: Breaking News)
[…]The post Capitalism On Life Support: Planetary Bounds To Market-Lead Growth appeared first on Colombo Telegraph.
- Ranil’s Strategic Manoeuvres: But Global Capitalism Is At A Tipping Point (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- The Partnership Between NPP & JVP Must Be Emboldened (Category: Breaking News)
- A Meteor Shower Of Novel Terms (Category: Breaking News)
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action.
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action.The post Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- RM Parks signs $110 million petroleum agreement with Sri Lanka (Category: Breaking News)
- Ministry of Power and Energy signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
- Sinopec Lanka announces retail fuel prices for Sri Lanka (Category: Breaking News)
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action. Accordingly, an agreement was signed on Thursday (08) at the Presidential Secretariat, between the Government of Sri Lanka and RM Parks Inc., a prominent international company […]
- Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
- RM Parks signs $110 million petroleum agreement with Sri Lanka (Category: Breaking News)
- Sri Lanka signs deal with RM Parks and Shell to enter fuel market (Category: Breaking News)
- Ministry of Power and Energy signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
US based Petroleum company RM Parks in a collaboration with Shell PLC signed an agreement to enter the Sri Lanka petroleum business. RM Parks will be the 4th supplier to enter the domestic market and will operate under the Shell branding. They signed a 20 year agreement to import, distribute and sell petroleum products through […]
- Price of kerosene increased by Rs. 253 (Category: Breaking News)
- Foreign companies make offers to import and sell fuel in Sri Lanka (Category: Breaking News)
- Sri Lanka distribute chicks among poultry farmers (Category: Breaking News)
- Ranil questions English spoken by Tamil activist (Category: Breaking News)
An agreement has been signed between the Government of Sri Lanka and RM Parks Inc., in collaboration with Shell Plc for a long-term contract for the importation, storage, distribution, and sale of petroleum products in Sri Lanka.
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]
- No second chance for Sri Lanka, says CB Governor (Category: Breaking News)
- Lanka’s ‘Royal’ mess explained by old boy (Category: Breaking News)
- Tactful Diplomacy Will Bring Durable Solution (Category: Breaking News)
- Urgent Lessons for Sri Lanka – 2022 (Category: Breaking News)
Tuesday 6th June, 2023 Most people are labouring under the misconception that every prospect pleases in this country and only politicians are vile. Hence the unprecedented rise of anti-politics during the past several years and the demand that all 225 MPs go home. It is popularly thought that all we need to do is to […]
- 30-year city plan must go public (Category: South Australia)
- All roads in the North are open to the public, says Military Spokesperson (Category: Breaking News)
- Politicians` idle dreams and the work ethic (Category: Breaking News)
- Authorities launch homicide investigation in Dallas County (Category: USA, Iowa)
[…]The post Political Robber Barons Fear The Rejuvenated ‘Aragala’ Spirit! appeared first on Colombo Telegraph.
- Politics & Death Of Sanath Nishantha: Some Sombre Lessons & Reflections (Category: Breaking News)
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
- Evaluation Of Aragalaya (Category: Breaking News)
- With Impunity Remaining Normalised, What Hope For Sri Lanka? (Category: Breaking News)
The apparel sector stands to lose USD 494 million if Sri Lanka loses the GSP plus trade concession offered by the European Union. Secretary General of the Joint Apparel Association Forum Sri Lanka, Yohan Lawrence, said that with the current GSP+ regulation set to expire by the end of 2023, it is imperative that Sri […]
- Apparel sector want trade deals that suit Sri Lanka (Category: Breaking News)
- Sri Lanka Loses GSP+ (Category: Breaking News)
- EU Subsidy cut has had little impact on Sri Lankan garments - Government officials (Category: Breaking News)
- HRW says Sri Lanka failed to meet obligations linked to GSP+ scheme (Category: Breaking News)
By Rathindra Kuruwita Indian and Chinese companies will dominate the lubricant and bunkering markets soon, convenor of the Samagi Jana Balawegaya (SJB) trade union wing, Samagi Joint Trade Union Alliance, Ananda Palitha, said yesterday. “Sinopec will take over the Southern markets, while Lanka IOC will take over the Northern markets,” he said. Palitha said these […]
- Sanjeewa Dhammika and Ananda Palitha remanded (Category: Breaking News)
- Sanjeewa Dhammika and Ananda Palitha arrested (Category: Breaking News)
- Final rites of former MP Palitha Thewarapperuma to be performed today (Category: Breaking News)
- Former MP Palitha Thewarapperuma passes away (Category: Breaking News)
David Pieris Motor Company (Private) Limited, the first company to introduce a motorcycle produced with locally manufactured components under the Standard Operating Procedure for Automobile Manufacturing/ Assembling Industry and Automobile Component Manufacturing Industry in Sri Lanka announced by the Ministry of Industries, launched its second bike, Bajaj Discover 125, yesterday at the DPMC Head ...
The Monetary Board of the Central Bank of Sri Lanka decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of the Central Bank by 250 basis points to 13.00 per cent and 14.00 per cent, respectively, CBSL said in a statement on Thursday. The decision was taken at […]
- Sri Lanka s central bank expect inflation to drop to 7% in July (Category: Breaking News)
- High interest rates have prevented contraction of economy – CBSL Governor (Category: Breaking News)
- Policy interest rates reduced to enable economy to reach its true potential – CBSL Governor (Category: Breaking News)
- CBSL issues clarification on composition of Governing Board Monetary Board (Category: Breaking News)
Friday 2nd June, 2023 Long lines of vehicles suddenly appeared near filling stations yesterday, evoking dreadful memories of a dark era and causing public panic. Pumps had run dry at most fuel depots, and people had to wait for hours to obtain petrol and diesel. Minister of Power and Energy Kanchana Wijesekera hurriedly issued a […]
- Fuel Distributors Association threatens legal action against CPC (Category: Breaking News)
- LIOC temporarily halts fuel distribution to filling stations (Category: Breaking News)
- Fuel distribution normal after setbacks from trade union action - CPC (Category: Breaking News)
- 801 filling stations in total tested fuel pass QR facility- Minister (Category: Breaking News)
The public have been urged not to panic fearing a fuel shortage as there are adequate stocks with the Ceylon Petroleum Corporation (CPC) and Lanka Indian Oil Corporation (LIOC). Panic buying and long queues were seen at some fuel stations in Colombo today, with fuel running out in some fuel sheds. Power and Energy Minister […]
- Token system to obtain fuel from tomorrow (Category: Breaking News)
- USD 34 million paid for heavy furnace oil (Category: Breaking News)
- Highest energy demand recorded in Sri Lanka (Category: Breaking News)
- Electricity tariffs to be reduced significantly (Category: Breaking News)
President of the Lanka Private Bus Owners Association (LPBOA) Gemunu Wijeratne says that they expect to revise the bus fares during the review of bus fares in the month of July.
- Travel Cost (Category: Business)
- Bus Tariff (Category: Business)
- Bus Fares (Category: Business)
- Increasing bus fares not the solution, says Tilvin (Category: Breaking News)
Minister of Power and Energy Kanchana Wijesekera today requested the public not to panic over any fuel shortages as the Ceylon Petroleum Corporation (Ceypetco) and Lanka IOC have adequate stocks of fuel.
- Gas muzzlers (Category: Technology)
- Why 'feed' a car? (Category: Technology)
- 'Miracle material' (Category: Technology)
- Gas Only (Category: Business)
The Central Bank of Sri Lanka has relaxed its monetary policy stance in line with the faster than expected slowing of inflation. The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 31 May 2023, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate […]
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- CBSL’s decision to raise policy rates in line with IMF expectations (Category: Breaking News)
- Central Bank of Sri Lanka further reduces policy interest rates (Category: Breaking News)
- Central Bank of Sri Lanka decides to maintain policy rates (Category: Breaking News)
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