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[…]The post ‘Indian Expansionism’, JVP & AKD’s Indian Tour appeared first on Colombo Telegraph.
State Minister of Power and Energy, D.V. Chanaka, says Sri Lanka has generated a revenue of USD 3 million through the sale of 5,200 MT of fuel via the revived bunkering system for vessels. This signifies a significant step forward in stabilizing the country s energy finances, he added.
State Minister of Power and Energy, D.V. Chanaka, said that a revenue of USD 3 million was generated through the sale of 5,200 MT of fuel after the bunkering system for vessels was revived. . Chanaka announced that a USD 200 million buffer stock had been established to ensure energy security
President Ranil Wickremesinghe said in Parliamenty yesterday he was aware that Value Added Tax (VAT) was a burden on the public. He said it would be possible to reduce VAT with the passage of time. Delivering the government policy statement at the commencement of the new session of Parliament, the President said: “The prior scarcity […]
Urges unity over deep political divisions for effective crisis management Says ‘intricate’ foreign debt restructuring will take up to six months Invites Opposition to confer with institutions that foster international financial stability by Sanath Nanayakkare As government revenue increases, measures will be taken to increase benefits for the people accordingly, President Ranil Wickremesinghe said...
Inaugurating the 5th session of the 9th Parliament of Sri Lanka President Ranil Wickremesinghe called upon all lawmakers to collaborate in nation building even though they would be contesting elections separately. “From ancient times to the present day, our world has encountered a myriad of crises, spanning nations and personal lives alike. While some crises […]
Sri Lanka President Ranil Wickremesinghe while presenting his Policy Statement in Parliament today (February 07), says the government was planning to reduce the tax burden as economic reforms continue to stabilize the economy.The post Sri Lanka President Ranil delivers Government’s policy statement in Parliament appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The expected arrival of a Chinese research ship in the Maldives this week has escalated tensions between Beijing, Delhi and Male. Officially, the vessel Xiang Yang Hong 3 is there to “make a port call, for rotation of personnel and replenishment”. In short, an entirely innocuous stop. But that is not how it is being […]
[…]The post Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 appeared first on Colombo Telegraph.
Indian Navy submarine INS Karanj, arrived in Colombo on a two day visit, the Indian High Commission in Sri Lanka said. The submarine was received in a ceremonial manner by the Officer of the guard of Sri Lanka Navy. The High Commissioner of India in Sri Lanka, Santosh Jha visited the submarine on February 03 […]
[…]The post The Bleak Future For Sri Lanka : 75 Years After Independence appeared first on Colombo Telegraph.
By Shamindra Ferdinando Leader of Eksath Janaraja Peramuna (EJP) Patali Champika Ranawaka, MP, has warned the Wickremesinghe-Rajapaksa government of catastrophic consequences if police are unleashed on protesting political parties. Ranawaka, elected on the SJB ticket, emphasised the responsibility on the part of UNP leader Ranil Wickremesinghe, who is also the Commander-in-Chief of the armed force...
Fuel prices have been revised from midnight yesterday (31st January 2024) Revised Fuel Prices: Ceylon Petroleum Corporation (Ceypetco) and Lanka IOC Petrol Octane 92 – Rs. 371 Petrol Octane 95 – Rs. 456 Auto Diesel – Rs. 363 Super Diesel – Rs. 468 Kerosene – Rs. 262
Thursday 1st February, 2024 Dr. Laksiri Fernando has, in his column published on the opposite page today, reminded us that the Voters’ Day of Sri Lanka falls on 01 Feb. The Election Commission (EC) conducts special programmes on this day to educate voters on matters such as the basic qualifications required for registration, and the […]
Indian External Affairs Minister Dr. S. Jaishankar has encouraged Indians to visit Sri Lanka if they want to travel overseas on holiday. He also noted that India’s assistance to Sri Lanka during its economic crisis has played a key role in enhancing India’s image among Sri Lankan citizens. “My first advice to you, the next […]
Sinopec Energy Lanka has also decided to revise its retail fuel prices with effect from midnight today (January 31).
Fuel prices in Sri Lanka have been revised with effect from February 01, 2024.The post Sri Lanka revises fuel prices from February 01, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
India’s Minister of External Affairs Dr. S. Jaishankar has urged all Indians to visit Sri Lanka, emphasising the strong ties between the two nations.The post ‘The next time you want to take a holiday, go to Sri Lanka’ – Jaishankar to Indians appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
[…]The post Politics & Death Of Sanath Nishantha: Some Sombre Lessons & Reflections appeared first on Colombo Telegraph.
President Ranil Wickremesinghe extended an invitation to all political party leaders in the Parliament to engage in discussions with the Managing Director of the International Monetary Fund (IMF) on the implementation of the agreement with the IMF. Emphasizing the importance of unity in leading the country to success, he reiterated that withdrawing from the agreement […]
[…]The post Plans, Teams & Mis-Steps appeared first on Colombo Telegraph.
Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed on Monday, although it remains well below record high levels seen at the height of the country's financial crisis.The post Rising food prices drive Sri Lanka inflation up to 4.2% in December appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The structure of the global benchmark Brent crude futures market and some physical markets in Europe and Africa have been reflecting tighter supply partly over concerns about shipping delays as vessels avoid the Red Sea due to missile and drone attacks. The disruptions – which have been the largest to global trade since the COVID-19 […]
Japan on Saturday became the fifth country to put a spacecraft on the moon, but solar power issues threatened to cut short the nation’s mission to prove a “precision” landing technology and revitalise a space programme that has suffered setbacks.The post Japan makes history, becoming fifth country to land spacecraft on moon appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories...
Japan’s high-precision “Moon Sniper” lander has touched down on the lunar surface in a first for the country, the Japan Aerospace Exploration Agency (JAXA) has said. But the agency said it was still “checking its status” due to an issue with the craft’s power supply. Officials also said they needed more time to analyse whether […]
by Dr Amali Wedagedara In Sri Lanka, public policy lost in the neoliberal haze treats the market as a cure for all ills. Not only is the market omnipresent, but it is also omniscient and omnipotent. The charm of the ‘market’ that research and advocacy lobbyists are creating is so alluring that only a few […]
… USD 5 mn paid to Iran a month By Shamindra Ferdinando Power and Energy Minister Kanchana Wijesekera has confirmed that consumers of petrol and diesel have been made to pay Rs. 50 to Rs. 55 per litre since the middle of last year to settle what the Ceylon Petroleum Corporation (CPC) owed its creditors. […]
By Sanjeewa Jayaweera The headline on page one of the Sunday Island of 07 January 2024 read, “CBSL Governor urges public to become informants to boost tax revenue.” The article was based on an interview with Governor Nandala Weerasinghe (NW) hosted by the President’s Media Centre. NW is quoted to have said, “If the public […]
In recent weeks, missile and drone attacks on cargo ships crossing the Red Sea have caused the biggest disruption to global trade since the COVID-19 pandemic. Despite delayed supplies, however, oil prices have remained surprisingly stable. In response to Israel’s war on Gaza, Houthi rebels – the Iran-aligned Shia movement that controls northern Yemen and […]
Regressive government policies and inadequate social protection left many Sri Lankans at risk from the worst effects of the country’s economic crisis, Human Rights Watch said in its World Report 2024. The Government of President Ranil Wickremesinghe continued to repress freedoms of expression and association, and pursue policies that discriminate against minority communities. “Millions of […...