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Rajapaksa supporters' attack on unarmed protesters hit smalltimers who saw booming business at Gota Go Gama.
Diesel and Fuel Oil requirements of Industries to function their Generators and Machinery
Russian oil is being supplied to Sri Lanka to produce fuel at its sole refinery as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be processed at Ceylon Petroleum Corp.’s refinery in Sapugaskanda,chairman Sumith
The police have seized another stock of fuel hoarded to be resold for higher prices. One suspect was arrested in the raid carried out in Suwarapola, Piliyandala.
"This will ease the burden on CPC and fuel stations providing in bulk."
The operations at the Sapugaskanda oil refinery will commence again today (May 27) and producing Fuel Oil will start in six days, Power and Energy Minister Kanchana Wijesekera said.The post...Click on the headline to read the full story
An International Monetary Fund (IMF) team has concluded a virtual mission to Sri Lanka during which it was noted that Sri Lanka must give an assurance that debt sustainability will be restored. The IMF team led by Peter Breuer and Masahiro Nozaki conducted a virtual mission with the Sri Lankan authorities during May 9-24 on […]
The Prime Minister's office was targeted by the protesters for the first time.
IMF has advised Sri Lanka top seek debt restructuring as early as in April 2020, officials have told a parliament panel
Sri Lanka's refinery was closed in March due to dollar shortage prevented crude imports
New Prime Minister is expected to present a new budget with higher tax, reduced government spending
Police has discovered hoarding of fuel worth 20.5 million rupees in the past few days.
analysts say the site has been drying up since the appointment of New PM, Ranil Wickremesinghe on May 12
Video: Never-ending queues: Sri Lankans still in line for fuel
Video: No end in sight for long queues near fuel stations in Sri Lanka (English)
Analysts expect market to fall with government's expected fiscal consolidation plan
Sri Lanka sees a growing black market for fuel amid acute shortage
Lack of jet fuel in Colombo forces SriLankan, other airlines to refuel in other airports
“What the international community is looking for is long-term policy credibility and sustainability."
A large stock of fuel found hoarded has been seized by the Police following raids on multiple locations. The Police said that 27,000 litres of petrol, 22,000 litres of diesel and 10,000 litres of kerosene had been seized. Police Spokesman, SSP Nihal Thalduwa, said that 429 raids have been conducted
Sri Lanka Police says it has arrested 137 people in total over the past few days for hoarding large volumes of fuel to be sold at higher prices later.
[…]The post Recent Political Violence And Its Consequences appeared first on Colombo Telegraph.
Regional plantation companies and smallholders are harvesting green leaf and arranging deliveries
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
Australia’s cricketers have raised ethical concerns about touring Sri Lanka at a time the people are suffering with power cuts and other issues. However, according to the Australian Associated Press the players have said they will support a decision from officials to precede with next month’s tour. Australia are due to fly out to Sri Lanka […]
USAID Administrator Samantha Power has assured Prime Minister Ranil Wickremesinghe USAID support. USAID Spokesperson Rebecca Chalif said that Power held a call with Prime Minister Ranil Wickremesinghe to discuss how USAID is responding to the country’s political and economic crises. Administrator Power expressed her sympathy for those Sri Lankans who were killed or injured in the […]
Sri Lanka's 2022 economic growth will see the worst ever contraction in its history - CB chief
A maximum limit has been imposed on fuel pumped into vehicles at fuel stations operated by Lanka IOC. This is in line with a similar restriction imposed by fuel stations operated by the Ceylon Petroleum Corporation (CPC). Accordingly, fuel stations will only issue fuel worth Rs. 2,500
Private and State passenger bus fares have been increased following the latest fuel price hike. The National Transport Commission said that bus fares have been increased by 19.5 percent. The minimum bus fare has been increased to Rs. 32.00. Fuel prices were increased with effect
Video: Fuel price hike imposed overnight. People continue to stand in queues.