Sri Lanka needs to reduce the cost of producing electricity by about 25 percent in the next three years, , General Manager of CEB Narendra de Silva said on Thursday (15) during a consultation on the proposed electricity tariff, organized by the Public Utilities Commission of Sri Lanka (PUCSL) at the BMICH. “Right now we […]

Saturday 17th February, 2024 Trade unions are on the warpath, demanding pay hikes, and the ordinary people are struggling to keep their heads above water mostly due to unconscionably high tax and tariff hikes. The government insists that such painful measures are necessary to help the country come out of the present economic crisis. But […]

of Sri Lanka s fuel crisis.

Japan will provide JPY 1.23 billion grant aid to improve power supply at selected hospitals here. The Japanese embassy said that this grant aimed to reduce carbon footprint and ease the financial burden on energy costs at Sri Jayewardenepura General Hospital, Teaching Hospital Ratnapura, and Teaching Hospital Kurunegala. With this assistance, the recipient hospitals will […]

The Ceylon Petroleum Storage Terminals (CPSTL) signed an agreement with US-based petroleum products distributor Shell-RM Parks today (12 Feb.).

China’s MSS counters ISI to take control of Gilgit Baltistan. Both Gilgit Baltistan and Balochistan are currently the most unstable regions due to human rights violations by Pakistan and are witnessing protests which makes them an ideal location for the Left Wing whom China is harnessing. The Chinese objective is to use the left-organised movements […]

A fearsome four-pronged pace attack, spearheaded by the thunderous Callum Vidler and Mabli Beardman who had Anrich Nortje transfixed to the action, led Australia to Under-19 World Cup glory in Benoni. The pace pack snuffed out six Indian wickets to bring their unbeaten campaign to a juddering halt after the top order had no answer […]

By Zinara Rathnayake Jezima Mohammed has run a small workshop and boutique, Jez Look Batiks, from her home in Matara, Sri Lanka, for nearly seven decades. Now in her 80s, she still works every day. When visitors stop by, the batik artist proudly shows off framed letters from Buckingham Palace and a photo of Queen Elizabeth II […]

State Minister of Power and Energy, D.V. Chanaka, says Sri Lanka has generated a revenue of USD 3 million through the sale of 5,200 MT of fuel via the revived bunkering system for vessels. This signifies a significant step forward in stabilizing the country s energy finances, he added.

State Minister of Power and Energy, D.V. Chanaka, said that a revenue of  USD 3 million was generated through the sale of 5,200 MT of fuel after the bunkering system for vessels  was revived. . Chanaka announced that a USD 200 million buffer stock had been established to ensure energy security

President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]

Urges unity over deep political divisions for effective crisis management Says ‘intricate’ foreign debt restructuring will take up to six months Invites Opposition to confer with institutions that foster international financial stability by Sanath Nanayakkare As government revenue increases, measures will be taken to increase benefits for the people accordingly, President Ranil Wickremesinghe said...

Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building  even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]

President Ranil Wickremesinghe issued an Extraordinary Gazette notification this evening (Feb. 03) declaring all services connected to the supply of electricity and the supply or distribution of petroleum products and fuel as essential public services.

By Shamindra Ferdinando Leader of Eksath Janaraja Peramuna (EJP) Patali Champika Ranawaka, MP, has warned the Wickremesinghe-Rajapaksa government of catastrophic consequences if police are unleashed on protesting political parties. Ranawaka, elected on the SJB ticket, emphasised the responsibility on the part of UNP leader Ranil Wickremesinghe, who is also the Commander-in-Chief of the armed force...

The National Transport Commission (NTC) has announced that bus fares will not be increased, despite the recent revision in fuel prices.

The private bus owners associations have stressed that immediate measures should be taken to increase the bus fares in correspondence to the continuous increasing of fuel prices.