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[…]The post Is President Wickremesinghe Following In The Footsteps Of His Uncle, President Jayewardene, In 1982? appeared first on Colombo Telegraph.
Sri Lanka’s National Transport Commission (NTC) has announced that bus fares will not be reduced despite the recent decrease in diesel prices.The post Bus fares in Sri Lanka to remain unchanged despite diesel price reduction appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Fuel prices in Sri Lanka were reduced further with both Ceypetco and LIOC revising the prices. The Ceylon Petroleum Corporation (Ceypetco) said that the price of Petrol Octane 92 was reduced by Rs. 13 to Rs. 355 per litre, Auto Diesel reduced by Rs. 16 to Rs. 317 per litre, and Kerosene by Rs. 13
By Ifham Nizam Serendib Flour Mills (SFML), a wholly-owned subsidiary of Dubai-headquartered Al Ghurair, one of the leading diversified family businesses in the United Arab Emirates (UAE), recently conducted a media tour of its state-of-the-art facility situated at the Colombo Port. This visit underscored SFML’s ongoing commitment to enhancing Sri Lanka’s food security, fostering innov...
Fuel prices in Sri Lanka have been revised with effect from June 1, 2024.The post Sri Lanka revises fuel prices from June 1, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The world economy had not recovered from the daunting impact of coronavirus, the geo-political headwinds such as Russia-Ukraine war impacted the recovery process in 2022 and before this war settled, Israel-Gaza conflict deepened the geo-politics and geo-political fragmentation. The geo-political disturbances and geo-political fragmentations caused price escalations in the international commodity p...
[…]The post President Ranil Wickremesinghe Rescued & Stable Economy In Sri Lanka – An Inquiry appeared first on Colombo Telegraph.
[…]The post Economic Stability With SOE Reforms Need System Change appeared first on Colombo Telegraph.
[…]The post The Beautiful Terrible Signs: The Ongoing Saga Of Rheumatic Heart Disease appeared first on Colombo Telegraph.
Since its separation in 1947 from India, entire Pakistan and its leadership have been surviving because of Anti-India sentiments. While India is on its path to becoming the top superpower of the world & the fourth largest economy, Pakistan is struggling to even provide food to its nationals. The current protests in various parts of […]
Sri Lanka’s Education Minister, Dr. Susil Premajayantha, has announced significant reforms in the country's educational sector.The post Education Minister announces major reforms for Sri Lanka’s education sector appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
[…]The post Being Meticulously Scrupulous! appeared first on Colombo Telegraph.
Debt owed by various countries, especially in South Asia and Africa, to China has multiplied in recent years.The post Debt owed by Pakistan, Sri Lanka and Bangladesh to China rise to record levels: Data appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
By Easwaran Rutnam President Ranil Wickremesinghe blamed Opposition Leader Sajith Premadasa for the crisis in the country saying things could have been different if he accepted the Prime Minister post in April 2022. The President expressed these views after delivering a statement in Parliament, Thursday. Wickremesinghe said that in 2022 he willingly embraced the task […]
To achieve its goal of reaching net zero emissions by 2070 and producing 50 percent of its electricity requirements from renewable energy sources by 2030, India is rapidly progressing towards renewables, primarily solar and wind. India now ranks fourth in renewable energy capacity in the world scaling up its renewable energy capacity by 250 percent […]
Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022
Following an accident involving a bowser transporting fuel in the Guruluwela area of Laggala, Matale on Sunday (05) the Sri Lanka Coast Guard was called in to remove nearly 2000 liters of fuel that had leaked into the water of Ravanagama Lake. A specialized team, comprising 03 officers and 10
Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic stability amid IMF deal appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka...
The Ceylon Petroleum Corporation (Ceypetco) announced a fuel price reduction, including the price of the widely used 92 Octane petrol. However, 92 Octane petrol was reduced by just Rs. 3 per litre while 95 Octane petrol was reduced by Rs. 20. The price of the widely used 92 Octane petrol
Fuel prices in Sri Lanka have been revised with effect from May 1, 2024.The post Sri Lanka revises fuel prices from May 1, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
Janashakthi Group (JXG), the title sponsor of the “Battle of the Golden Blues,” proudly announces the conclusion of the first-ever big match between St. Joseph Vaz College, Wennappuwa and St. Anthony’s College, Wattala. Held on April 26th and 27th 2024 at the P. Saravanamuttu International Cricket Stadium, the match concluded with a gripping draw, showcasing […]
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka Government on the divestiture of SriLankan Airlines Ltd (SAL). The consultancy was responding to news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking […]
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. “We hope an agreement consistent with the parameters of the IMF-supported program and official creditors’ Comparability of Treatme...
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
A year after India overtook China to become the world’s most populous country, its rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world. Indian Prime Minister Narendra Modi addressed Newsweek’s written questions and followed up with a 90-minute […]
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
Sri Lanka has failed to strike an agreement on restructuring about US$12 billion of debt with its bondholders, the Government said on Tuesday (Apr 16). “The steering committee did not agree to extension of restricted discussions,” it said in a regulatory filing. Following talks with bondholders on the sidelines of the International Monetary Fund and […]