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Some analysts said the market was expecting a 300 basis point rate hike on Thursday
- Fuel prices increased (Category: Breaking News)
- Sri Lanka’s IOC unit reports Rs12.3 bn in Sept 2022 profits (Category: Breaking News)
- Sri Lanka railways fare hike not enough to recover fuel costs (Category: Breaking News)
- Sri Lanka stocks fall after fuel price hike (Category: Breaking News)
New Zealanders have been told to avoid non-essential travel to Sri Lanka due to the impacts of the economic crisis and the potential for civil unrest. An updated travel advisory issued by New Zealand today notes: Sri Lanka’s economic situation has deteriorated significantly in recent months. This has led to shortages of such basic necessities, […]
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
- Families of Australian HC staff in Colombo begin to leave (Category: Breaking News)
- UK relaxes travel advise on Sri Lanka (Category: Breaking News)
- UK relaxes travel advice on Sri Lanka (Category: Breaking News)
Says economy could contract 7-pct in 2022
- Sri Lanka’s total debt burden Rs 21.6 trillion by March 2022 (Category: Breaking News)
- Once the Parliament approves IMF agreement, the main points will be passed into law – Sri Lanka ... (Category: Breaking News)
- Prez vows to reform loss-making state enterprises, implement new tax regime (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
Sri Lanka is desperate for foreign currency earnings through tourism
- Sri Lanka MP comes with saline to cast a presidential vote (Category: Breaking News)
- Sri Lanka stock index gains over 1.6 pct in mid-day (Category: Breaking News)
- Sri Lanka imposes curfew in Colombo district from July 14-15 (Category: Breaking News)
- Sri Lanka’s new “diplomatic” PM starts foreign aid talks amid political stability concerns (Category: Breaking News)
Fuel shortage has led the country almost to a stand still.
- Tablet Rise (Category: Business)
- Bunker Business (Category: Business)
- LIOC makes request for price hike (Category: Breaking News)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
The country's dollar shortage has led to power cuts as the government is unable to import diesel for generation
- No power cuts until further notice (Category: Breaking News)
- Lights coming back on after power outage in Rankin County (Category: USA, Mississippi)
- Lights coming back on after power outage in Rankin County (Category: USA, Mississippi)
- Lights coming back on after power outage in Rankin County (Category: USA, Mississippi)
Rehabilitation centre inmates are not considered prisonsers, officials say, though critics claim otherwise.
- Sri Lanka arrests four military personnel in connection with a rehab centre death (Category: Breaking News)
- Sri Lanka to set up rehabilitation bureau for ‘addicts, militants, extremists’ (Category: Breaking News)
- Those who speak about human rights should learn from Sri Lanka (Category: Breaking News)
- Sri Lanka: Two ex-LTTE cadres die in army rehabilitation centres (Category: Breaking News)
Sri Lanka’s total debt burden increased to Rs 21.6 trillion by March 2022, Prime Minister Ranil Wickremesinghe told Parliament today. He said that Sri Lanka needs to pay $3.4 billion between June and December this year, $5.8 billion in 2023, $4.9 billion in 2024, $6.2 billion in 2025, $4.0 billion in 2026 and $4.3 billion […]
- Sri Lanka Prime Minister’s full statement on IMF negotiations (Category: Breaking News)
- Sri Lanka receives financial assurance letter from China (Category: Breaking News)
- President seeks opposition support to implement IMF deal (Category: Breaking News)
- President blames Sajith for crisis (Category: Breaking News)
[…]The post Implement President’s Pledges To Revive Economy appeared first on Colombo Telegraph.
- President Needs Trust To Succeed In Problem Solving (Category: Breaking News)
- Government Needs To Change Course In National Interest (Category: Breaking News)
- Bipartisanship Beyond 22nd Amendment Is Needed (Category: Breaking News)
- Changing Pillows To Cure Headaches: Politicians—Constitutional Amendment Mess (Category: Breaking News)
Economic activities have significantly slowed down due to fuel shortage.
- Tablet Rise (Category: Business)
- Bunker Business (Category: Business)
- LIOC makes request for price hike (Category: Breaking News)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
The Supreme Court has ordered the Attorney General (AG) to submit a report on the purchasing and distribution of fuel. The court has ordered the AG to submit the report before 12th July. The order was given in response to a fundamental rights petition filed in the Supreme Court by the Bar
- Supreme Court orders funds allocated for polls to be released (Category: Breaking News)
- Bureau of Rehabilitation Bill inconsistent with Constitution (Category: Breaking News)
- Court stops President from nominating judges to SC (Category: Breaking News)
- Court dismisses petition challenging changes to SLFP constitution (Category: Breaking News)
The daily life of the general public is at risk of being further disrupted relative to the last week due to the limitation of transport services as a result of the fuel crisis.
[…]The post Child’s Guide To True Cost Of Activities: Concept Of Opportunity Cost appeared first on Colombo Telegraph.
- Child’s Guide To Ranilnomics: Actual Tax Payment Is Not What One Pays Today (Category: Breaking News)
- The Victory Of Aragalaya: What Actually Happened To Gota & Ranil? (Category: Breaking News)
- Child’s Guide To Currency Board Systems: Steve Hanke’s Crusade For Currency Boards (Category: Breaking News)
- Economic Growth, National Security, And What Next For Sri Lanka (Category: Breaking News)
"With this, we expect to meet our needs without shortages, and also to reduce prices through competition," he said.
- Mr X launches food war (Category: South Australia)
- New rules for food importers (Category: Breaking News)
- New regulations governing food imports to Sri Lanka (Category: Breaking News)
- New Regulations for Food Imports (Category: Breaking News)
IMF has estimated a sharp contraction in the economic growth this year.
- Palmer's float sinks (Category: Australia, Queensland)
- Sri Lanka stocks down as economy comes to still amid fuel crisis (Category: Breaking News)
- Tablet Rise (Category: Business)
- Sri Lanka shares up amid renewed interest on LIOC shares; concerns remain (Category: Breaking News)
[…]The post Mission Impossible appeared first on Colombo Telegraph.
- Need For An Agreement With The Citizens For A Stable Political Future (Category: Breaking News)
- The Galle Face Struggle & Its Importance (Category: Breaking News)
- It’s Time To Untether The Kite! (Category: Breaking News)
- Crisis Deepens Without Rescue Plan (Category: Breaking News)
IMF is expected to issue a statement on its discussions with Sri Lankan officials on Thursday.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
Sri Lankans are frustrated of waiting in queues for days to buy fuel, cooking gas, kerosene
- Video: HIRU THANIWELA EP 400 (Category: Video)
- Oil Pipeline Places Over 400 Families Under Threat (Category: Breaking News)
- IPO To Raise Rs. 400 mn (Category: Breaking News)
- Over 400 respond (Category: Breaking News)
The main stock index has fallen 4.4$% in the last two sessions.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
[…]The post System Change Plus Politician Change Through Elections appeared first on Colombo Telegraph.
- Government Needs To Change Course In National Interest (Category: Breaking News)
- From Confrontation To Consensus (Category: Breaking News)
- Preparing The Ground For Early Elections (Category: Breaking News)
- Implement President’s Pledges To Revive Economy (Category: Breaking News)
Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in the nation battling its worst economic crisis in seven decades, while schools shut in Colombo...Click on the headline to read the full story
[…]The post As Our Economy Collapses, Going Green With Solar Energy & Ovens: It Is Fun & The Future appeared first on Colombo Telegraph.
- Thousands flee after dam in Ukraine collapses (Category: Breaking News)
- When God Wants To Judge A Nation, He Gives Them Wicked Rulers: Our Government & Tamils Should Ta... (Category: Breaking News)
- When God Wants To Judge A Nation, He Gives Them Wicked Rulers: Our Government & Tamils Should Ta... (Category: Breaking News)
- Tamils Come Second In IMF Considerations: Navy & Royalist Mafia Party On Tamil Property (Category: Breaking News)
Stocks fall for the first time in five sessions.
- Bunker Business (Category: Business)
- VIDEO: Govt. should be ashamed of raising fuel price (Category: Breaking News)
- Sri Lankan government not to increase fuel prices in line with international prices (Category: Breaking News)
- Tablet Rise (Category: Business)
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
- Cricketer Murali Is On A Sticky Wicket – On Tamil Nadu Turf (Category: Breaking News)
- Murali the Enigma (Category: Breaking News)
- Murali to retire (Category: Sports)
- Murali – Symbol Of A Resurgent Sri Lanka (Category: Breaking News)
Online classes will be held on Monday 27 and Friday July 01, the ministry said.
[…]The post Preventing Crooks From Entering The Parliament appeared first on Colombo Telegraph.
- The Current System & Unlawful Actions (Category: Breaking News)
- Anarchy & Abuse Of Power By Politicians (Category: Breaking News)
- Debt Trap, Lack Of Accountability & Blunders (Category: Breaking News)
- The Despot President Was Replaced By A Tyrant In Sri Lanka (Category: Breaking News)
Market has risen throughout the week, but in thin trade.
- Sri Lanka shares on a roll, hit another high (Category: Breaking News)
- SL Stx at 12-Wk Low on Asian Alliance (Category: Breaking News)
- Palmer's float sinks (Category: Australia, Queensland)
- Sri Lanka shares gain over 2-pct in mid-day trade on positive interim budget (Category: Breaking News)
by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lanka’s economic implosion and a humanitarian crisis of regional impact. Under indictment are the policies of President Rajapaksa, who is too bent on Chinese positions. For China, the Quad’s commitment to Colombo will “dissipate.” Colombo (AsiaNews) – A more “proactive...
- by Arundathie Abeysinghe U.S., Japan, India and Australia ready to intervene to prevent Sri Lank... (Category: Breaking News)
- Quad urged to take more proactive role to address Sri Lanka crisis (Category: Breaking News)
- Chinese tourists back in Sri Lanka from 03 March (Category: Breaking News)
- Sri Lanka’s dwindling foreign policy: ECT back to Japan considered (Category: Breaking News)
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
- Fuel crisis - some recommendations (Category: Breaking News)
- Indo-Chinese supremacy battle aids Sri Lanka (Category: Breaking News)
- Sri Lanka gains from Indo-Chinese supremacy battle (Category: Breaking News)
- Lanka on track to MDGs fast - Indian High Commissioner (Category: Breaking News)
Stocks have been on a downward trend mainly due to higher interest rates
- Fuel prices increased (Category: Breaking News)
- Peliyagoda fish market complex inaugurated (Category: Breaking News)
- Coconut prices down (Category: Breaking News)
- Sri Lanka sells Rs81bn in Treasuries, yields steady (Category: Breaking News)
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