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President Wickremesinghe through interim budget expects 2.5 million tourists in 2023.
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 […]
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.
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
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.
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 […]
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.
Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.
A second ship carrying 120,000mt crude oil is expected on the following week.
Workers who appeared for the test will also be given the opportunity to appear in another field next year.
Gunasekara said, under the current circumstances, the production cost per egg is 49 rupees which is above retail price.
By Samarakoon Bandara A large number of persons with Non Communicable Diseases (NCD) are not taking prescribed medicines due to economic difficulties, and thus hospitals are filling up due to complications, Dr. Palitha Rajapaksha, the assistant secretary of the Government Medical Officers Association (GMOA) says. There were about three million people, over 60 years, and […]
In August alone 2,924 new cases were recorded in Sri Lanka, with 84 deaths attributed to the disease.
"We are seeing the pressure on the rupee easing as a result of exports growing and imports contracting."
‘Inflation will not be as high as initially expected’ Inflation will not be as high as initially expected and there are signs of economy stabilising, Central Bank Governor Dr. Nandalal Weerasinghe says.Dr. Weerasinghe said that during the past few months a number of initiatives had been made to improve the economy and they were yielding […]