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By R. R. M. Lilani After pledging to renegotiate its debt to Sri Lanka, China is back on track. Besides, since Sri Lanka urgently needs China to restructure its USD 7 billion debt to the country, Sri Lanka has vowed to support the dragon at this juncture by conceding to its demands. High-ranking Chinese VIPs […]
- China proposes setting up radar base in Sri Lanka (Category: Breaking News)
- China confirms two-year debt moratorium offered to Sri Lanka (Category: Breaking News)
- Sri Lanka having regular consultations with US on China (Category: Breaking News)
- Sri Lanka seen as China’s top option for naval base (Category: Breaking News)
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
- Vladimir Putin, Xi Jinping & Joe Biden (Category: Breaking News)
- Waiting For Godot: Can Some Developing Nations Unite & Transform The Planet? (Category: Breaking News)
- Gathering Storms Cloud On The Horizon; Military, Political, Strategic & Economic Uncertainties A... (Category: Breaking News)
- Snivelling Won’t Combat Corruption; Are We Waiting For Sri Lanka’s Nelson Mandela? (Category: Breaking News)
Sri Lanka's key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday, a sign of relief for the crisis-battered economy.The post Sri Lanka’s key inflation rate eases to 35.3% in April appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 25.2% in May (Category: Breaking News)
- Sri Lanka’s key inflation rate eases to 4% in August (Category: Breaking News)
- Sri Lanka’s April inflation climbs to 2.7%, up from March’s 2.5% (Category: Breaking News)
[…]The post Are We Leading From Behind? appeared first on Colombo Telegraph.
- The Urgent & Critical Issues Related To Climate Change (Category: Breaking News)
- Rising Temperature Rising Frustration (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
[…]The post Powers Of The Judiciary & The Legislature: A Review appeared first on Colombo Telegraph.
- Contempt Of Court: Hiragedarara Yawanna Hitiya Ekkenāwa Mama Raja Gedarata Yawwa (Category: Breaking News)
- Losing Faith In Sri Lanka: Is Wickremesinghe Corrupt? Are Our Judges Fair? (Category: Breaking News)
- Gota’s Goon Blasts Chief Justice; AG Refuses To File Contempt Charges (Category: Breaking News)
- The Law’s Delays (Category: Breaking News)
[…]The post Scamming The Gestapo Church, Or Being Sound Christian Witness appeared first on Colombo Telegraph.
- Andrew Sujeevan, Anglican Johnian Punished By A Corrupt Theocratic Church (Category: Breaking News)
- Lying About Age Of Protestant Mission Schools: Is Age Quality? (Category: Breaking News)
- Minorities Within Minorities Bullied Into Giving-Up Their Right To Convert & Be Converted Religion (Category: Breaking News)
- Mother’s Day & Rights Of Women (Category: Breaking News)
[…]The post Controversial Decision To File Damages For The X-Press Pearl In Sri Lanka Or Singapore? appeared first on Colombo Telegraph.
- TISL takes bribery and corruption allegations surrounding X-Press Pearl disaster to SC (Category: Breaking News)
- AG led Lankan team holds talks with lawyers, insurers of owners of ‘MV X-Press Pearl’ in S’pore (Category: Breaking News)
- SJB steps in to help SL claim damages for X-Press Pearl disaster (Category: Breaking News)
- Sri Lanka receives USD 890,000 interim compensation for damages by X-Press Pearl (Category: Breaking News)
Discussions pertaining to the future of Sri Lanka s fuel industry were held today (28 April) between the Minster of Energy Kanchana Wijesekera and United Petroleum, Australia.
Sri Lanka's economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades.The post Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka economy could shrink by -3.5% to -4%, president says (Category: Breaking News)
- Sajith claims VAT hike will shrink economy (Category: Breaking News)
- Sri Lanka economy to shrink over 8-pct in 2022, inflation may peak below 70-pct: CB chief (Category: Breaking News)
- Sri Lanka fixed wireless users shrink, broadband up (Category: Breaking News)
China Petroleum & Chemical Corporation, or Sinopec, and Sri Lanka are to finalise the deal on retail fuel sales. Power and Energy Minister Kanchana Wijesekera said that a team of Sinopec officials and technical experts visited Sri Lanka to finalize the agreements and commence operations for retail fuel sales. The Minister said that he met […]
- China’s Sinopec to enter Sri Lanka retail fuel market (Category: Breaking News)
- Sinopec offers to fully finance Hambantota refinery (Category: Breaking News)
- China’s Sinopec to begin islandwide fuel distribution in Sri Lanka (Category: Breaking News)
- CPC, LIOC and Sinopec increase fuel prices (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 US-based oil company RM Parks Inc. and the British multinational oil and gas company Shell PLC have held a discussion with Minister of Power Energy Kanchana Wijesekera on commencing retail fuel sales in Sri Lanka in the first week of June this year.
- Oil Gush (Category: Business)
- Why is there more oil seed rape being grown? (Category: Technology)
- Shortages: Is 'peak oil' idea dead? (Category: Technology)
- New Mexico increases enforcement of clean-up at oil sites (Category: USA, New Mexico)
A team of officials from Sinopec visited Sri Lanka in order to finalise the agreements and commencement of operations for retail fuel sales, Minister of Power and Energy Kanchana Wijesekera said.
Increased fuel quota will remain unchanged until further notice, Sri Lanka's Minister of Power and Energy Kanchana Wijesekera said.The post Sri Lanka decides to keep the increased fuel quota unchanged appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
- Sri Lanka increases fuel quota for vehicles with effect from midnight today (April 04) (Category: Breaking News)
- Weekly fuel quota for all types of vehicles increased (Category: Breaking News)
- Fuel quota to be increased from Tuesday (Category: Breaking News)
- Sri Lanka revises fuel prices from November 30, 2023 (Category: Breaking News)
By Sunimalee Madurawala “The shortage of medicines will significantly impact medications for non-communicable diseases (NCDs). If NCD patients don’t receive their regular medication, their condition will worsen,” stated a Provincial Director of Health Services speaking on the implications of the economic crisis on NCDs. Over the last few decades, NCDs have emerged as a critical [...
- SL cannot afford any cutbacks on its already dismally-funded health system (Category: Breaking News)
- Over 50 percent of businessmen in Kamburupitiya afflicted with NCDs (Category: Breaking News)
- Much-needed Family Health Care Centre for Jaffna (Category: Breaking News)
- ‘Serendib Flour Mills playing key role in Sri Lanka’s food security’ (Category: Breaking News)
Economists sharply cut Sri Lanka’s growth outlook through this year as curbs on imports and still-limited reserves persist even as the International Monetary Fund releases bailout loans and authorities work toward debt restructuring efforts.The post Sri Lanka GDP outlook slashed as economy struggles to recover – report appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ON...
- Sri Lanka unexpectedly cuts rates by 250 bps as inflation eases (Category: Breaking News)
- Central Bank of Sri Lanka threatens administrative measures over high market interest rates (Category: Breaking News)
- Japanese giant Mitsubishi Corporation to wind up operations in Sri Lanka (Category: Breaking News)
- Economist Amal Sanderatne falls to death from apartment complex in Colombo (Category: Breaking News)
[…]The post Moral Justification For Protests To Continue appeared first on Colombo Telegraph.
- People Called On To Play Direct Role To Sustain Democracy (Category: Breaking News)
- The Courts Would Be The Better Option For Undemocratic Actions To Be Contested (Category: Breaking News)
- Criminalising Public Protest Will Only Delay The Inevitable (Category: Breaking News)
- From Demand For Systems Change To Systems Break (Category: Breaking News)
Can electricity prices be reduced? By Dr Tilak Siyambalapitiya The answer to the question in the title of this article is in the affirmative. I explained in The Island of January 2023 [https://island.lk/the-correct-method-of-costing-electricity/] the correct method of costing electricity supply. In January, the Public Utilities Commission (PUC) announced the costs submitted by the two distributors...
- Now is payback time (Category: Breaking News)
- The correct method of costing electricity (Category: Breaking News)
- What PUCSL and CEB did not disclose (Category: Breaking News)
- Another electricity tariff hike: Is there no option for Sri Lanka? (Category: Breaking News)
[…]The post Taxes, Swiss Bank Accounts & The Chinese Cafe appeared first on Colombo Telegraph.
- Playing The Fiddle While The Country Burns! (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Ranil’s Budget Crisis & Ibn Khaldun (Category: Breaking News)
- Ranil’s Economic Strategy: Will His Prioritisation Of Targets Misfire? (Category: Breaking News)
Japan, France and India will announce a new platform for creditors to coordinate restructuring of Sri Lanka's debt, Japanese Finance Minister Shunichi Suzuki said on Wednesday, adding it would be "very nice" if China were to join the effort.The post Japan, France and India to launch platform to coordinate Sri Lanka debt appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA...
- Japan, France and India to launch platform to coordinate Sri Lanka debt (Category: Breaking News)
- China assures commitment towards Sri Lanka’s debt restructuring process (Category: Breaking News)
- Japan, India and France launch creditors meeting on Sri Lanka debt (Category: Breaking News)
- Japan set to do its part over Sri Lanka debt woes – Finance Minister (Category: Breaking News)
The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as part of its assistance to help the South Asian nation recover from its worst economic crisis in decades.The post Asian Development Bank eyeing cheaper funds for Sri Lanka, green bond support appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- ADB to disburse US$ 203 Million emergency loan to support Sri Lanka’s poor and vulnerable (Category: Breaking News)
- ADB approves $100 million loan to support SMEs in Sri Lanka (Category: Breaking News)
- Sri Lanka shows signs of recovery but must maintain reform momentum: ADB (Category: Breaking News)
- Sri Lanka crisis: President meets ADB officials on areas of cooperation (Category: Breaking News)
Tuesday 11thApril, 2023 Parliament security personnel have recently undergone a special training in countering possible threats of chemical attacks, according to media reports. Proper threat assessment and the anticipation of possible attacks go a long way towards protecting vulnerable targets. In this day and age, everything can be weaponised; anything is possible and therefore nothing […]
- Three-day parliamentary debate on Easter attacks begins today (Category: Breaking News)
- Proposal to set up PSC to probe Channel 4 allegations before House on 17 Oct. (Category: Breaking News)
- Eran asks PM to inform Parliament of progress in probe into C-4 allegations (Category: Breaking News)
- Placards condemning govt. found inside parliament (Category: Breaking News)
The Sri Lankan government has decided to allow three foreign companies to sell fuel at prices lower than those of the Ceylon Petroleum Corporation (CPC) if they so desire. Earlier, Minister of Power and Energy Kanchana Wijesekera told the media that three foreign companies would commence operations within the next two months. The Minister told […]
- Dayasiri warns of steep CPC revenue loss due to entry of foreign fuel companies (Category: Breaking News)
- Cabinet nod for fuel distribution by three foreign companies (Category: Breaking News)
- SJB MP throws party union under the bus (Category: Breaking News)
- FR against Cabinet decision to open fuel import, retail sales to foreign companies (Category: Breaking News)
The Sri Lanka Podujana Peramuna (SLPP) has admitted it made a “mistake” by picking Gotabaya Rajapaksa as President in 2019. Minister and SLPP MP Pavithra Wanniarachchi said that the SLPP made a mistake by picking Gotabaya Rajapaksa as its Presidential candidate. However, she says that mistake was rectified by appointing Ranil Wickremesinghe as President. She […]
- SLPP National List seat on offer for Gotabaya (Category: Breaking News)
- Mahinda Rajapaksa to form new alliance (Category: Breaking News)
- Gotabaya’s return to politics not ruled out (Category: Breaking News)
- Speaker confirms Gotabaya Rajapaksa has resigned (Category: Breaking News)
[…]The post Sri Lanka To Take Draconian Steps To Curb Dissent Through Anti-Terrorism Bill appeared first on Colombo Telegraph.
- Anti-Terrorism Act Is ‘State Terrorism’ In Sheep’s Clothing (Category: Breaking News)
- What Is To Be Done? – Anura Kumara Dissanayake (Category: Breaking News)
- Sovereign People, Legal Despotism & Aragalaya (Category: Breaking News)
- Counter Terrorism Bill To Create A Security State; Impacting On Rights (Category: Breaking News)
Y P Prakash China is making a comeback in Sri Lanka. First, it gave its consent on conditionalities for the IMF to lend money to the island nation and now reports indicate that China’s Sinopec has pledged to invest in Sri Lanka’s southern district of Hambantota. While Sri Lanka’s experience of Chinese investments has been […]
- Strategic Power (Category: Business)
- Fire Power (Category: Business)
- Power Push (Category: Business)
- Coal Load (Category: Business)
Sri Lanka's national carrier has been struggling against even more headwinds than many of its rivals.The post Sri Lanka airline boss says ‘don’t be a CEO during Covid’ appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- SriLankan Airlines obtains Government’s approval to recruit foreign pilots (Category: Breaking News)
- SriLankan Airlines participates at the Ottawa Travel and Vacation Show (Category: Breaking News)
- SriLankan Airlines, Korean Air activate codeshare partnership (Category: Breaking News)
- Dialog, SriLankan offer star points, FlySmiLes conversion (Category: Breaking News)
Lanka IOC  Indian Oil Corporation s subsidiary in Sri Lanka  has suspended the fuel supplies to 26 filling stations, as they have continuously failed to adhere to the QR fuel quotas.
- Terminal Award (Category: Business)
- Fashion Freight (Category: Business)
- Capital Cushion (Category: Business)
- Share Allocation (Category: Business)
[…]The post Janatha Aragalaya: The People’s Struggle In Sri Lanka appeared first on Colombo Telegraph.
- The Exit Of The Old Guard & The Arrival Of The New (Category: Breaking News)
- Modi-Wickremesinghe Tamil Drama (Category: Breaking News)
- Diaspora Tamils & 13A (Category: Breaking News)
- 40 Years After The Anti-Tamil Pogrom Of July 1983: Root Causes Remain Unaddressed (Category: Breaking News)
GPS tracking systems will be fixed to all Ceylon Petroleum Corporation (CEYPETCO) owned fuel tankers by April 15 and the process will be implemented for all private tankers later on, Sri Lanka's Minister of Power and Energy Kanchana Wijesekera said.The post GPS tracking system for all CEYPETCO fuel tankers appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
- CEYPETCO reduces price of Auto Diesel (Category: Breaking News)
- Price of 92 Octane Petrol increased in Sri Lanka (Category: Breaking News)
- Sri Lanka introduces Tourists Fuel Pass for foreign travelers (Category: Breaking News)
- Sri Lanka decides to increase Fuel quota from June, 2023 (Category: Breaking News)
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