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President Wickremesinghe through interim budget expects 2.5 million tourists in 2023.
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.The post Crisis-hit Sri Lanka strikes staff-level pact with IMF on loan – sources appeared first on ONLANKA News - Latest Breaking News in Sri Lanka - S...
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said. The island nation, struggling with its worst economic crisisin more than seven decades, had sought up […]
Wickremesinghe is budgeting in a sea of monetary instability
By CHANDRA FERNANDO Educational Consultant, USA The last few months of this year have been a time of great anxiety and much hardship for the people of Sri Lanka. No matter on which side of the political divide one stands, common problems converge into a cloud of nervousness, unease and uncertainty. Sri Lankans have not […]
Wednesday 31st August, 2022 Trade unions in the power and energy sectors are up in arms against a government move to restructure the Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC). They would have the public believe that the blame for the staggering losses the two institutions have been incurring should be laid […]
"If there is no flour, we simply cannot produce,” said Jayawardena.
He said the new mechanism, upon its completion, will also ensure that transparent laws and systems are in place.
By N Sathiya Moorthy After a steep, 75-per cent hike in power-tariffs, the government has now announced increased charges for water and drainage charges. Though brought down after a steeper increase at the peak of fuel-shortage, the transport fares too are not going to be the same even as much as they had become in […]
Fuel shortages drive power cuts despite coal plant
Requests the public not to distress unnecessarily
The Ceylon Petroleum Corporation (CPC) today insisted that there is no shortage of fuel in the country and urged the public not to be misled by false claims. The CPC said that there is sufficient stocks of petrol, diesel and kerosene oil to distribute to fuel sheds in the country. Minister of Power and Energy […]
The Ceylon Petroleum Corporation (CPC) says there are adequate stocks of diesel, petrol and kerosene oil to be supplied in the country without any shortages.
UNP Chairman Wajira Abeywardena has declared that political parties represented in parliament should agree on a set of polices that should remain unchanged for a period of 25 years.A statement issued by the UNP quoted UNP National List MP Abeywardena as having told the media that a system should be in place to prevent overnight […]
Motorists see queues again as many filling stations have run out of fuel stocks.
Sri Lanka is facing a looming food shortage after ban on fertilizer import
Diesel was in short supply, CPC has begun fuel distribution, Kumara Rajapakshe, Chairman of the Gas Station Owners’ Association, said yesterday.He added that a number of gas stations were now closed temporarily due to fuel shortages. Due to the diesel shortage, fewer than 50% buses were operational on Thursday, Sri Lanka Private Bus Operators Association […]
The United Kingdom (UK) has relaxed the travel advice on Sri Lanka. The UK Foreign and Commonwealth Office said that the UK no longer advises against all but essential travel to Sri Lanka. The updated travel advice notes that Sri Lanka is experiencing a severe economic crisis which has led to shortages of basic necessities including […]
"This is a positive step and I am positive that the winter tourism season will perform well."
The UK government today (August 26) relaxed travel restrictions on Sri Lanka, stating that it no longer advises against all but essential travel to the island nation.The post United Kingdom relaxes travel restrictions on Sri Lanka appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.
The UK no longer advises against all but essential travel to Sri Lanka
Energy Minister says not to panic as plenty of stocks on the way Only 50% of private buses will be operational from today (26), Lanka Private Bus Operators Association (LPBOA) head Gemunu Wijeratne said yesterday addressing the media. Wijeratne said that there seemed to be a diesel shortage in the country. “We have not got […]
A fuel shortage at fuel stations across the country today was caused by a delay in unloading the cargo. Minister of Power and Energy Kanchana Wijesekera said that there was a delay in unloading the super diesel cargo yesterday due to bank clearance issues. However, he said that discharging of the cargo commenced today. The […]
As of August 23 more than six million vehicles have signed up for the QR system.
Muzaffarabad ..., August 13 (ANI): Districts of Pakistan-occupied Kashmir (PoK) are witnessing massive protests against the Pakistan government’s plan to bring in the 15th Constitutional Amendment that will transfer the financial and administrative powers of the local government to Islamabad, local media reported. The citizens of all 10 districts of the region are infuriated at […]
By Haroon Janjua Despite gaining independence 75 years ago, Pakistan has yet to rid itself of economic and political crises. As Pakistan marks 75 years of independence this weekend, Islamabad has not planned any special events, aside from a flag-raising ceremony, a fireworks display in the capital and the introduction of a new 75 rupee […]
Apple supplier Foxconn Technology Group is suspending operations at its factory in Chengdu, capital of southwestern Sichuan province, for six days amid a regional electricity shortage that has put pressure on iPad supplies ahead of the US tech giant’s annual product launch. The Chengdu campus of Foxconn, formally known as Hon Hai Precision Industry, is shutting down all […]
Yala cultivation of 512,000 ha would be record
A team from the International Monetary Fund (IMF) will meet Sri Lanka's president on Wednesday for talks to finalise a bailout package, including restructuring debt of about $29 billion, amid the nation's worst financial crisis in more than seven decades.The post IMF team to holds talks with crisis-hit Sri Lanka on debt restructuring appeared first on ONLANKA News :. Sri Lanka Breaking News Update...
A circular has been issued summoning all public sector employees to work all five days as before, with effect from today (August 24).The post Public sector employees required to report for duty on all five days appeared first on ONLANKA News :. Sri Lanka Breaking News Updates - Latest News in Sri Lanka.