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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
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 […]
As of August 23 more than six million vehicles have signed up for the QR system.
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.
There's a threat to information and the security of data due to outdated technology and a shortage of qualified staff.
[…]The post Reliance On Repression Will Worsen Current Crisis appeared first on Colombo Telegraph.
Huawei launched Asia Pacific Seeds for the Future 2022 in collaboration with ASEAN Foundation and Tourism Authority of Thailand (TAT). From August 19 to 27, the program will bring together 120 outstanding students from 16 countries including Thailand, Sri Lanka, Nepal, Bangladesh, Laos, Cambodia, Indonesia, Japan, Malaysia, Singapore, South Korea, Phillipines across the Asia Pacific […]
by Jehan Perera Early this year the government under President Gotabaya Rajapaksa amended the Prevention of Terrorism law. It accepted the position that the law was in violation of international standards and wanted to show it was committed to improving its human rights record. The ground was set to mitigate the pressures from the UN […]
Kerosene was out of stock in the market as Sri Lanka’s sole oil refinery that produced kerosene remained shut.
A local refinery began production on August 20 after being closed for months
A second ship carrying 120,000mt crude oil is expected on the following week.