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SriLankan Airlines says it did not receive any outside funding in the last two years. The airline also said it suffered a foreign exchange loss of LKR142.6 billion resulting from the revaluation of net foreign currency liabilities due to the sudden depreciation of the Sri Lankan rupee exchange rate
- SriLankan Airlines denies claims it lost essential workers (Category: Breaking News)
- Government to sell 49 % stake in SriLankan (Category: Breaking News)
- SriLankan Airlines insists it has sufficient amount of pilots (Category: Breaking News)
- SriLankan denies claims flights grounded over financial issues (Category: Breaking News)
Finance State Minister Ranjith Siyambalapitiya told Parliament yesterday (May 09) that he has ordered the Trade and Investment Policy Department to provide him with a report on the sugar price increase in the market.The post Sugar prices cannot be increased, as Rupee has appreciated – State Minister appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Special commodity levy on sugar increased (Category: Breaking News)
- Sri Lanka takes decision to fix sugar shortage after control price (Category: Breaking News)
- Prices of wheat flour and sugar increased (Category: Breaking News)
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka looks to adventure travel to attract quality tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka approves visa-free entry for tourists from 07 countries (Category: Breaking News)
- Driving Adventure (Category: Business)
- Sri Lanka Tourism ready for tourists (Category: Breaking News)
The Government is to consider restructuring Sri Lanka’s domestic debt, but a final decision is yet to be taken, President Ranil Wickremesinghe told Parliament today. He said that all aspects will be looked into when restructuring Sri Lanka’s domestic debt. “Some banks are saying they will not be able to face this. Then they must […]
- Sri Lanka Government hoping to restructure $17 billion foreign debts along with local debts (Category: Breaking News)
- Sri Lanka virtually let down by China in securing a $2.9 billion IMF loan in December (Category: Breaking News)
- President urges China to change tune on debt (Category: Breaking News)
- Fitch downgrades Sri Lanka’s long-term local-currency IDR to ‘CC’ (Category: Breaking News)
[…]The post Taxes, Swiss Bank Accounts & The Chinese Cafe appeared first on Colombo Telegraph.
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Playing The Fiddle While The Country Burns! (Category: Breaking News)
- Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? (Category: Breaking News)
- Ranil’s Budget Crisis & Ibn Khaldun (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated against the US dollar (USD) today (April 04), according to the Central Bank of Sri Lanka.The post Sri Lankan Rupee appreciates against U.S. Dollar appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
By Shiran Ranasinghe A significant number of fuel filling station owners had stopped placing orders with the Ceylon Petroleum Corporation (CPC) due to an announcement by Energy Minister Kanchana Wijesekera that fuel prices would be significantly reduced in the first week of April. According to a spokesperson for the Fuel Distributors’ Association of the CPC, […]
- Duty on petrol and diesel increased (Category: Breaking News)
- Ceypetco fuel prices reduced (Category: Breaking News)
- Ceypetco raises petrol and diesel prices (Category: Breaking News)
- Thanks to its generosity to gas station owners, CPC bleeding to death, says FSP (Category: Breaking News)
Hope springs eternal in the human breast, it is said, but if the breast is of a national-minded Sri Lankan, hope cannot rise; it is stifled by fear, worry, frustration and stark disappointment. Government persons are flapping their upper limbs and crowing about improvement in the economy; nothing much for us Ordinaries to experience or […]
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
- Cass County sheriff's office investigates latest ATM theft (Category: USA, North Dakota)
Several private fertiliser companies have decided to reduce the price of a 50kg Urea fertiliser bag by Rs. 7,500, Minister of Agriculture Mahinda Amaraweera said.The post Urea fertiliser prices to be reduced appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- 100,000 MT of urea fertiliser to be imported for Maha Season (Category: Breaking News)
- Japan grants 8,360 Metric Tonnes of fertiliser to support paddy farmers in Sri Lanka (Category: Breaking News)
- Multi-sector combined mechanism launched to ensure food security and nutrition in Sri Lanka (Category: Breaking News)
- United States provides 9,300 tonnes of urea fertilizer to paddy farmers in Sri Lanka (Category: Breaking News)
The Sri Lankan Rupee (LKR) further appreciated against the US Dollar (USD) today.
The loan received from the International Monetary Fund (IMF) and the stability of the Sri Lankan Rupee will help reduce electricity tariffs. State Minister of Power and Energy Indika Anuruddha Herath said that market conditions forced the Government to increase tariffs. He said that with the IMF
- Strong objections to moves to increase CEB tariffs (Category: Breaking News)
- Electricity tariffs to be revised in January (Category: Breaking News)
- CEB electricity tariff proposal to be expedited (Category: Breaking News)
- CEB loss for 2023 estimated at Rs. 33 billion (Category: Breaking News)
The Sri Lankan Rupee (LKR) has further appreciated against the US dollar (USD) today (March 22), according to the Central Bank of Sri Lanka.The post Sri Lankan Rupee appreciates further against U.S. Dollar appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
The Central Bank of Sri Lanka (CBSL) announced the official US Dollar exchange rates for today (March 22).
Fuel prices are likely to be reduced in April, Minister of Power and Energy Kanchana Wijesekera said. The Minister said that steps are being taken to provide relief to the public in April. He said that under the existing fuel price formula there is a likelihood of the fuel price being reduced next month. The […]
- Special category to increase fuel quota to be tested (Category: Breaking News)
- Electricity and fuel declared essential services (Category: Breaking News)
- Fuel shortage caused by delay in unloading (Category: Breaking News)
- Fuel quota increased for New Year festive season (Category: Breaking News)
The Sri Lankan Rupee (LKR) has further depreciated against the US dollar (USD) today (March 15).The post Sri Lankan Rupee further depreciates against U.S. Dollar appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 17, 2023 (Category: Breaking News)
Around USD 500 million entered the market within a period of seven days, the Governor of the Central Bank of Sri Lanka, Nandalal Weerasinghe said.The post USD 500 million entered the market in seven days – CBSL Governor appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka has no alternative other than IMF – CBSL chief (Category: Breaking News)
- Economic situation will worsen if political stability is not established soon  CBSL chief (Category: Breaking News)
- Dr. Nandalal Weerasinghe re-appointed CBSL Governor for 6-year term (Category: Breaking News)
Sri Lanka’s rupee, which became the world’s best performing currency this year amid hopes of an International Monetary Fund bailout, may resume declines and lose a fifth of its value against the dollar by end-2023, according to Fitch Solutions. “We are optimistic that Sri Lanka will be able to secure an IMF board approval by […]
- Sri Lanka s rupee will reverse gains and plummet 20%, Fitch says (Category: Breaking News)
- Rupee weakens against USD (Category: Breaking News)
- Notable appreciation of rupee against major currencies (Category: Breaking News)
- Fitch places seven Sri Lankan insurers on Rating Watch Negative (Category: Breaking News)
Video: Sri Lankan Rupee appreciates further against USD (English)
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
The Sri Lankan Rupee (LKR) appreciated further against the US Dollar (USD) today, buying at Rs 307.36 and selling at Rs 325.52. The Rupee has been appreciating against the USD and other major currencies since last week. The buying rate of the USD reached Rs. 313.77 yesterday (Wednesday
- Sri Lankan Rupee appreciates further against USD (Category: Breaking News)
- Sri Lankan Rupee continues to depreciate against USD (Category: Breaking News)
- Rupee continues to appreciate against USD (Category: Breaking News)
- Sri Lankan Rupee continues to strengthen against USD (Category: Breaking News)
The Sri Lankan Rupee continued to strengthen against the US Dollar (USD) today. The Rupee has been appreciating against the USD and other major currencies since last week. The buying rate of the USD reached Rs. 313.77 while the selling rate was Rs. 331.05 (Colombo Gazette)
- Sri Lankan Rupee depreciates even further against the USD (Category: Breaking News)
- Incentives for migrant workers sending money to Sri Lanka legally (Category: Breaking News)
- Sri Lanka’s liquid reserves continues to remain significantly low (Category: Breaking News)
- CPC to assure fuel to companies that pay in USD (Category: Breaking News)
The Bakery Owners’ Association has decided to reduce the price of a loaf of bread weighing 450 grams by Rs. 10 with effect from today (March 08).The post Price of bread and wheat flour to be reduced appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- A loaf of bread in Sri Lanka now costs Rs. 300/- (Category: Breaking News)
- Prices of wheat flour and sugar increased (Category: Breaking News)
- Wholesale price of wheat flour reduced (Category: Breaking News)
- It’s a matter of ‘two quid of betel’-Wimal (Category: Breaking News)
The Sri Lankan Rupee appreciated further against the US Dollar (USD) today, buying at Rs. 318.30 and selling at Rs. 335.75. The Sri Lankan Rupee has appreciated against the USD since last week.
- Silverwood warns SL ‘have a lot to learn’ (Category: Breaking News)
- APB – SL holds AGM (Category: Business)
- ICC CWC 2011 – CAN v SL (Category: Sports)
- Teaching feminism at SL universities (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated further against the US dollar (USD) today (07 March) as the buying rate reached Rs. 318.30 and the selling rate recorded Rs. 335.75.
Litro Gas Lanka Ltd., has decided not to increase the prices of domestic gas considering the appreciation of the Sri Lankan rupee against U.S. Dollar.The post Litro decides not to increase domestic LP Gas prices in March appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA
- Litro to reduce domestic LP gas prices from tomorrow (May 03) (Category: Breaking News)
- No price revision today in Litro domestic LP gas – Chairman (Category: Breaking News)
- Litro Gas to reduce prices tomorrow (January 05) (Category: Breaking News)
- Litro to increase LP gas prices (Category: Breaking News)
Domestic gas prices will remain unchanged in the month of March, local gas companies said today. Both Litro Gas and Laugfs Gas said that the price of domestic gas will remain unchanged. The price of gas is reviewed every month and based on a formula it is either increased or reduced. However the gas companies […]
- Litro to slash price of domestic gas (Category: Breaking News)
- Domestic gas prices slashed in Sri Lanka (Category: Breaking News)
- No domestic gas until next week (Category: Breaking News)
- Litro increases domestic gas prices (Category: Breaking News)
Litro Gas Lanka Ltd. has decided not to increase the domestic gas prices taking into consideration the Sri Lankan rupee s appreciation against the US dollar.
Video: Sri Lankan Rupee continues to appreciate against USD (English)
- Video: Cabraal-missile is stronger than Indian Agni-V missile (Category: Video)
- Video: Dambulla Mosque controversy could have been solved peacefully (Category: Video)
- Video: Sajith issuing misleading statements - Tissa (Category: Video)
- Video: No need for permission - Sajith (Category: Video)
The Sri Lankan Rupee (LKR) continued to appreciated against the US Dollar (USD) today, buying at Rs. 334.50 and selling at Rs. 348.03. The Sri Lankan Rupee has been appreciating since Wednesday for the first time since 04 May 2022.
- Silverwood warns SL ‘have a lot to learn’ (Category: Breaking News)
- APB – SL holds AGM (Category: Business)
- ICC CWC 2011 – CAN v SL (Category: Sports)
- Teaching feminism at SL universities (Category: Breaking News)
The Sri Lankan Rupee (LKR) has appreciated further against the US dollar (USD) today (March 03) as the buying rate reached Rs. 334.50 and the selling rate recorded Rs. 348.03.
The Sri Lankan Rupee (LKR) has further appreciated against the US dollar (USD) today (March 02).The post Sri Lankan Rupee further appreciates against U.S. Dollar appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- Sri Lankan Rupee further depreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee appreciates against U.S. Dollar (Category: Breaking News)
- Sri Lankan Rupee depreciates against U.S. Dollar on July 18, 2023 (Category: Breaking News)
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