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Monday 4th September, 2023 Sri Lankans with a predilection for gratuitous violence or wanton brutality no longer have to spend money to watch western gangster movies. Local television news bulletins are full of actual scenes of violence; they are in fact scarier than taut Hollywood thrillers such as Tarantino’s Reservoir Dogs. Sicarios of local gangsters […]
By Dr. Ranil Senanayake Our history has been littered with carpetbaggers seeking to sell some new snake oil to ‘hicks’. They peddle the ideas that traditional values are old fashioned and the concept that ‘the newer/the more, the better’, irrespective of the social repercussions of such action. Sadly, we seem to be heading for a […]
China’s Sinopec is to begin islandwide fuel distribution in Sri Lanka and compete against India’s IOC and state owned Ceypetco. Apart from Ceylon Petroleum Corporation (Ceypetco), the Indian owned Lanka India Oil (LIOC) is already operating a number of fuel sheds around the island. Sinopec, which commenced fuel distribution in Colombo recently, became the third […]
ECONOMYNEXT –The QR code-enabled fuel rationing system that was in operation Sri Lanka for well over a year is to be suspended effective September 01, Power & Energy Minister Kanchana Wijesekara said on Friday. The minister told reporters that consumers can purchase fuel without scanning their QR code from now on.In the wake of Sri […]
AFP:Sri Lanka’s police force said Friday it had sacked an officer who entertained protesters with an impromptu piano performance after they stormed the island nation’s presidential compound last year. Constable R. M. D. Dayaratne was deployed to help protect the colonial-era residence on the day it was taken over by protesters who forced then-president Gotabaya […]
Following quickly on the success of India's moon landing, the country's space agency launched a rocket on Saturday to study the sun in its first such solar mission.The post After the moon, India launches rocket to study the sun appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climate Change – Part II appeared first on Colombo Telegraph.
Sri Lanka’s police force said on Friday that it had sacked an officer who entertained protesters with an impromptu piano performance after they stormed the island nation’s presidential compound last year. Constable Dayaratne was deployed to help protect the colonial-era residence on the day it was taken over by protesters who forced then-president Gotabaya Rajapaksa […]
Sri Lanka has scrapped the fuel quota QR code system which was introduced last year owing to the economic crisis. Minister of Power and Energy Kanchana Wijesekera said that the QR code system has been scrapped with immediate effect. Accordingly, the Minister said that the system will not be enforced from today (Friday). However, the […]
The government yesterday (01) increased fuel prices again and announced the cancellation of the QR code system that was in place to restrict fuel supply in the retail market. The QR code system was meant to drastically drop fuel consumption due to the financial crisis that throttled the economy. The announcement was made close on […]
The QR code based National Fuel Pass system will be discontinued in Sri Lanka with effect from today (September 01).The post Sri Lanka to discontinue QR code based National Fuel Pass from today (September 01) appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sinopec Fuel Oil Lanka on Friday (Sept. 01) announced its retail fuel prices.
Sinopec Lanka today (September 1) announced its retail fuel prices for Sri Lanka.The post Sinopec Lanka announces retail fuel prices for Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka's key inflation rate eased to 4% in August from 6.3% a month ago, the statistics department said on Thursday, marking continued stabilisation for the crisis-ridden economy.The post Sri Lanka’s key inflation rate eases to 4% in August appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Fuel prices in Sri Lanka have been increased with effect from midnight on August 31, 2023.The post Sri Lanka increases fuel prices from August 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sinopec Energy Lanka, a Beijing-based leading international petroleum company, has officially commenced its business operations in Sri Lanka by starting fuel supply at its first filling station in Sri Lanka established in Mattegoda, Colombo from yesterday (August 30).The post Sinopec officially begins operations in Sri Lanka with Rs. 3 discount offer appeared first on ONLANKA - Sri Lanka Latest Br...
Sinopec, a Beijing-based leading international petroleum company, has officially kicked off its business operations in Sri Lanka, commencing fuel supply at its first filing station on the island nation established in Mattegoda, Colombo.
In July 2022, Sri Lanka witnessed the inauguration of President Ranil Wickremesinghe amidst a severe economic and political turmoil, marking one of the most challenging crises since gaining independence in 1948. Preceding him, former President Gotabaya Rajapakse had been compelled to step down following widespread protests triggered by extended 12-hour power outages and ongoing scarcities […...
Beijing [China], August 19 (ANI): Raising concerns regarding the financial crisis triggered by the downturn in China’s real estate market, Chinese investment firm Zhongrong Trust , which managed USD 87 billion worth of funds for corporate clients and wealthy individuals as of the end of 2022, had failed to pay the interest and principal on […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part VI appeared first on Colombo Telegraph.
The Sri Lanka Institute of Marketing (SLIM) is thrilled to announce the eagerly anticipated launch of the 2023 edition of SLIM DIGIS, 2.3, the unique platform that recognizes and applauds the forefront of digital innovation in the marketing landscape. Marking a new chapter in digital marketing excellence, this year’s SLIM DIGIS will include categories that […]
India’s EV market is expected to grow at an impressive compound annual growth rate (CAGR) of 49 per cent from 2022 to 2030. The country is making rapid strides to make electric vehicles (EV) occupy 30 per cent of the automobile market share by 2030. The EV sector may generate 5 million employment opportunities. According […]
Outgoing Sri Lankan High Commissioner to India, Milinda Moragoda, paying a farewell call on Indian Minister of Road Transport Highways Nitin Gadkari, has discussed cooperation in promoting alternatives to fossil fuels such as electricity and bio-fuels in the transport sector.
By Y P Prakash India’s Strategic Lunar Missions Contrast with Sri Lanka’s Costly Ventures and Underutilized Infrastructure, Highlighting Investment Priorities and Technological Futures Over the course of several years, the investment in India’s space exploration missions has seen both accomplishments and financial considerations. In 2008, the pioneering Chandrayaan-1 mission was ...
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part V appeared first on Colombo Telegraph.
An Indian spacecraft became the first to land on the rugged, unexplored south pole of the moon on Wednesday in a mission seen as crucial to lunar exploration and India's standing as a space power, just days after a similar Russian lander crashed.The post Chandrayaan-3 spacecraft lands on the moon in ‘victory cry of a new India’ appeared first on ONLANKA - Sri Lanka Latest Breaking News...
India’s External Affairs Minister S Jaishankar on Wednesday pledged continued development assistance in every possible area to Sri Lanka amid its ongoing economic crisis.The post India will continue developmental assistance to Sri Lanka in every possible area: Jaishankar appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka’s consumer inflation rate more than halved to 4.6% year-on-year in July, helped by falling food prices, the statistics department said on Monday.The post Sri Lanka’s July consumer inflation more than halves to 4.6% appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post In Sri Lanka, Chaotic Social Security Reform Denies People’s Rights: “Aswesuma” Program Applies Complex & Arbitrary Targeting, Leaving Millions In Limbo appeared first on Colombo Telegraph.
Sri Lanka’s largest bilateral creditor, China, has assured the island nation its help in effectively addressing the debt challenges as it has to finalise the external and domestic debt restructuring of a whopping USD 41 billion by September before the IMF’s first review. The International Monetary Fund (IMF) is set to conduct its first review […]