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The US and Australia gave the Sri Lanka Air Force, and Navy fuel when there was a shortage of fuel in the country. President’s Senior Advisor on National Security Sagala Ratnayaka said that India has also stepped up beyond the call of duty to lend Sri Lanka a hand. He was speaking after a successor […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? – Part III appeared first on Colombo Telegraph.
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday.The post Sri Lanka says China’s Sinopec to start operations September 20 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Former Sri Lanka captain Sanath Jayasuriya has slammed the poor condition of the wickets at the Premadasa stadium of the Lanka Premiere League (LPL). He said there needs to be pitches that will result in aggressive play. “Disappointed by poor wickets at Premadasa stadium for LPL. We crave pitches that fuel positive, aggressive play and […]
Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka s power minister said on Tuesday.
The IMF will conduct the first review of the $2.9 billion bailout to Sri Lanka from September 11-19, state minister of finance Ranjith Siyambalapitiya said on Saturday and declared that the country has successfully fulfilled the nine conditions set by the global lender.The post IMF to conduct bailout review for Sri Lanka in September appeared first on ONLANKA - Sri Lanka Latest Breaking News and T...
SJB MP Eran Wickramaratne says the importation of inferior medicine by way of emergency procurement and non-functioning medical, surgical and other test equipment in hospitals have ruined the public health sector. Addressing the Media at the Office of the Leader of Opposition on Sunday (6Aug2023), Wickramaratne said that this pathetic situation in the health sector […]
Sri Lanka Police have arrested four officers of the Excise Department over an incident where they had allegedly opened fire at a vehicle near a fuel station at Marine-Drive in Bambalapitiya, suspecting that those in the vehicle were drug traffickers.
By Shamindra Ferdinando The Convenor of ‘Samagi Joint Trade Union Alliance’ Ananda Palitha yesterday (06) alleged that the bankrupt country was being exploited to the hilt by the powers that be and external powers. The one-time director of the Ceylon Petroleum Corporation (CPC) said that the Wickremesinghe-Rajapaksa government increased diesel and petrol prices on 30th […]
[…]The post Debt Restructuring, Austerity & The IMF: A Panacea Or An Exacerbation? appeared first on Colombo Telegraph.
[…]The post To Be Realistic, There Are Only Two Options appeared first on Colombo Telegraph.
New Delhi and Colombo are set to begin technical discussions that could pave the way for a multi-product petroleum pipeline between the two South Asian nations, Mint has learnt. The project, which was announced during president Ranil Wickremesinghe’s visit to India in July, is expected to help Sri Lanka improve its energy security at an […]
New Delhi and Colombo are set to begin technical discussions that could pave the way for a multi-product petroleum pipeline between the two South Asian nations.The post Sri Lanka and India to begin talks on petroleum pipeline appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The second fuel cargo of Sinopec, China s leading international petroleum company, is scheduled to reach Sri Lanka today (Aug 02).
China’s Sinopec, a leading international petroleum company, had imported its first consignment of fuel to be distributed in the local market, Power and Energy Minister Kanchana Wijesekara said yesterday (01). The Minister said in his Twitter that its second shipment would arrive today (03). He said the entry of such suppliers into the domestic market […]
First fuel cargo of Sinopec has commenced its discharging process, while the second cargo will arrive in Sri Lanka tomorrow (August 02), Minister of Power and Energy Kanchana Wijesekera said.The post First Sinopec fuel cargo commence discharging appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Fuel prices in Sri Lanka have been revised with effect from midnight on July 31, 2023.The post Sri Lanka revises fuel prices from July 31, 2023 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Tuesday 1st August, 2023 The QR code-based rationing mechanism introduced one year ago has helped halve the national fuel consumption, the Ceylon Petroleum Corporation (CPC) has said, according to media reports. In fact, it helped bring order out of chaos and thereby saved current dispensation. Ideally, fuel should be available sans any restrictions, but the […]
Minister of Power and Energy Kanchana Wijesekara says the Ceylon Petroleum Corporation (CPC) has informed that anticipating the fuel price revision next month, 101 fuel station dealers for 92 Petrol and 61 fuel station dealers for Lanka Auto diesel have not maintained 50% stock capacity.
Monday 24th July, 2023 President Ranil Wickremesinghe has returned from New Delhi with a to-do list given by the Modi government. He will have Big Brother breathing down his neck hereafter. It has been reported that the SLPP-UNP government is planning to hold an all-party conference on the ethnic issue. Some of India’s dictates have […]
The first two shipments of fuel under the agreement with China’s Sinopec are due to arrive in Sri Lanka in the first week of August, State Minister of Petroleum D.V. Chanaka said.The post First two Sinopec fuel shipments to arrive in Sri Lanka in August appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The first two shipments of fuel under the agreement with China s Sinopec are due to arrive in Sri Lanka next month, State Minister of Petroleum D.V. Chanaka revealed.
A top Sri Lankan athlete who set national records in the pole vault has been working as a housemaid in Dubai to help support her family at home. For the last year Sachini Perera, 24, has put her athletics dreams on hold when Sri Lanka’s currency crisis and soaring medical bills made it difficult for […]
India and Sri Lanka said on Friday that they had agreed to improve economic ties by increasing cooperation in renewable energy and studying the feasibility of building an oil pipeline and a land bridge between the two countries.The post India, Sri Lanka agree to boost ties through energy, power and port projects appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka has notified the Indian rupee as a designated currency, Indian External Affairs Ministry Spokesperson Arindam Bagchi said on Thursday (July 20). “In terms of trading in our national currencies, Sri Lanka has already notified India Rupee as designated foreign currency in their system,” Bachi said during a weekly media interaction in New Delhi. […]
Sri Lankan President Ranil Wickremesinghe arrives in New Delhi on Thursday on a two-day visit hoping to strengthen economic ties between the South Asian countries.The post Infrastructure, energy and debt on agenda as Sri Lanka president arrives in India appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
by Y P Prakash The Sri Lankan government, led by Power & Energy Minister Kanchana Wijesekara, has placed significant emphasis on regional energy integration and grid connectivity between Sri Lanka and India. The target for implementing this initiative is 2030. Discussions regarding regional energy integration have been ongoing for more than two decades, and the […]
Fuel quotas will be further increased next month after evaluation, Sri Lanka’s Power and Energy Minister Kanchana Wijesekara said today (July 20).The post Sri Lanka to increase QR based Fuel quotas again in August appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
At first glance, life in Sri Lanka's financial capital Colombo looks deceptively normal.The post Is the worst over for Sri Lanka’s economic crisis? appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka born international economist Dr. Howard Nicholas of Erasmus University, Netherlands has categorically stated that Sri Lanka must not adopt the IMF recommendations on monetary policy for it has no rational basis and evidence of success anywhere in the world. Coming from a Western based economist that provides a lot of food for thought […]