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[…]The post Aragalaya: Manufactured Economic Crisis & Peoples’ Suffering appeared first on Colombo Telegraph.
Ten people were arrested and six policemen sustained injuries during a tense situation at a fuel station in Athurugiriya. Motorists and others had reportedly clashed with the Police during the tense situation at the fuel station last night. Videos circulating on social media showed the Police assaulting some the motorists. The Police said that 10 […]
The main index fell for the 4th consecutive session
The Sri Lanka government says it is looking into operating state institutions and schools online for two weeks considering several issues including the fuel shortage experienced in the country.The...Click on the headline to read the full story
Passenger transport, goods transport hit
Protests were staged in several parts of the country today by people demanding fuel. The protesters blocked key roads and disrupted vehicular movements. Highlevel Road in Nugegoda and Slave Island were among the areas affected by protests. Protesters sat on the road in some area while in other places vehicles were parked across the road. […]
Economic and political uncertainties weigh on the sentiment
Manufacturing recover from April holiday
Three-wheel drivers blocked the Galle Road in Dehiwala today and obstructed traffic, demanding fuel. The three-wheel drivers accused the authorities of failing to resolve the fuel crisis. They said that the crisis has affected their day-to-day income as they have not been able to operate their three-wheel taxis. The drivers placed their three-wheelers across one […]
Currency crisis has triggered forex shortages
Sri Lanka has sought assistance from Iran to import medical items, the Tehran Times reported. The assistance was sought when the Ambassador of Sri Lanka to Iran, Wishwanath Aponsu, met Pir Hossein Kolivand, head of the Iranian Red Crescent Society. At the meeting he called for importing medical items and equipment from Iran to ease the […]
[…]The post A Country In Peril While The Executive Experiments appeared first on Colombo Telegraph.
"China and the United States could work together to help Sri Lanka (to) overcome current difficulties (sp)."
ECONOMYEXT – Sri Lanka to introduce a weekly fuel disruption plan for consumers in the first week of July to manage the finances, Power and Energy Minister Kanchana Wijesekera said.“We have no choice but to register consumers at filling stations and give them a guaranteed weekly quota until we are able to strengthen the financial situation, restore 24 Hour Power and a steady supply of ...
The Government has decided to register fuel consumers at fuel stations and guarantee them a weekly supply of fuel. Energy Minister Kanchana Wijesekera said the system is expected to be in place from July. “Until we have uninterrupted power supply n steady fuel supply, fuel line management will be impossible. With the financial restrictions, CPC […]
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
Sri Lanka has seen long queues across the country waiting for fuel amid severe dollars shortage.
The United Kingdom (UK) has relaxed its travel advice on Sri Lanka. Issuing an updated travel advice, the UK Foreign Office said that it no longer advises against all but essential travel to Sri Lanka. The UK noted that economic situation in Sri Lanka is challenging with shortages of basic necessities including medicines, cooking gas, […]
Prime minister had expected food shortage to become severe in August.
Dhammika Perera is widely speculated to be appointed as a cabinet minister - SLPP sources
Customers are sending questionaries to exporters on a daily basis inquiring about the country's situation.
The United Nations team in Sri Lanka and non-governmental organisations launched a joint Humanitarian Needs and Priorities (HNP) Plan today, calling for US$47.2 million to provide life-saving assistance to 1.7 million people worst-hit by the economic crisis over a four-month period, from June to September. This directly responds to the Government of Sri Lanka’s request […]
Sri Lanka is compelled to depend on other countries to manage the impacts of economic crisis.
Wickremesinghe is on the spotlight for his performance after accepting Prime Minister post unconditionally.
The measures include a surcharge for petrol users and sharp increase in revenue licence.
The main index fell for the 10th session in the past 11 on economic and political instability worries.
Prime Minister Ranil Wickremesinghe has warned that the next three weeks will be tough for Sri Lanka. Speaking in Parliament today, the Prime Minister said that the public must use fuel and gas as carefully as possible. He also said that unessential travel should be limited as much as possible. “Therefore, I urge all citizens […]
Foreign expatriates have stopped sending money through banking channels as black market gives them more rupees.
Crop shortfalls due to fertilizer and fuel shortages
SLC expects a considerable collection from ticket sales