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[…]The post Palestinians, The Terrorists & Israelis, The Victims appeared first on Colombo Telegraph.
President Ranil Wickremesinghe yesterday issued orders to police to provide necessary security measures for Israelis in Sri Lanka The President issued the directive during his briefing to the Cabinet of Ministers, the President’s Media Division (PMD) said. PMD said: In a briefing to the Cabinet, President Ranil Wickremesinghe expressed deep concern over the recent attacks […]
An international consultant has been appointed to guide the restructuring process of SriLankan Airlines, Minister of Port, Shipping and Aviation Nimal Siripala de Silva said. The Minister said the consultant is expected to bring expertise and best practices to guide the restructuring efforts. Sri Lanka’s aviation sector has reported a substantial profit of Rs. 22 […]
President Ranil Wickremesinghe has ordered Police protection for Israelis in Sri Lanka and also condemned the unprecedented attack by Hamas on Israel killing a large number of civilians. The President told the Cabinet that there are several Sri Lankans working in Israel and the Ministry of Foreign Affairs must locate them and ensure their safety. […]
[…]The post Misconceived Resilient Economy Needs Fixing By Restoring Broken Supply Chains appeared first on Colombo Telegraph.
President Ranil Wickremesinghe delivered a powerful speech emphasizing the importance of unity and development for the country’s future when he attended the 150th-anniversary celebration of St. Michael College in Batticaloa on Saturday (07) . The president commended the school for its diverse student body and its role in promoting harmony among different communities. The president […]
President Ranil Wickremesinghe addressed the 5th Forum of Ministers & Environment Authorities of the Asia Pacific at the Shangri La Hotel in Colombo today (05), delivering a passionate speech that emphasized three crucial points: the urgency of the climate crisis, Sri Lanka’s ambitious climate plans and the dire state of global biodiversity. President Wickremesinghe opened […]
[…]The post Sri Lanka: IMF / World Bank – Systemic Reforms Needed appeared first on Colombo Telegraph.
President Ranil Wickremesinghe has said all media should engage in a discussion on whether to enter into international agreements or work within the country’s legal framework. He said so at the felicitation ceremony to honour one of the most distinguished figures in Sri Lankan journalism, Edmund Ranasinghe, the founding Editor of ‘Divaina’ newspaper and former […]
Crisis-hit Sri Lanka will focus on improving tax collection to reduce budget deficits as it streamlines the structure of the tax system, the treasury secretary said on Wednesday, with new legislation planned to improve public finances.The post Sri Lanka aims to streamline tax structure, boost collections appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
By Saman Indrajith Opposition and SJB leader Sajith Premadasa told Parliament yesterday that Sri Lanka had failed to secure the crucial second tranche of a $3 billion loan from the International Monetary Fund as the country was still being ruled by the same corrupt family regime, which had bankrupted the economy. Premadasa said that the […]
Video: What happened to Sri Lanka 'Competitive Fuel Market'?
[…]The post The Courts Would Be The Better Option For Undemocratic Actions To Be Contested appeared first on Colombo Telegraph.
By Jehan Perera The government has allocated Rs 11 billion in the provisional budget for next year for the presidential elections due in September. This is a positive indication that the government intends to hold those elections. Free and fair elections being held when due is a core concept of a functioning democracy. This was […]
The Ceylon Petroleum Corporation (CEYPETCO), Lanka IOC and Sinopec increased fuel prices in Sri Lanka. CPC said that the price of 92 Octane Petrol has been increased by Rs. 04 per litre, 95 Octane Petrol by Rs. 03 per litre, Super Diesel by Rs. 62 and Auto Diesel by Rs. 10 per litre. CPC said […]
[…]The post Has The Economy Been Assassinated & If So, Who Were The Assassins? appeared first on Colombo Telegraph.
The Ceylon Petroleum Corporation (CEYPETCO) has decided to increase fuel prices with effect from midnight today (October 01).The post CEYPETCO increases fuel prices appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sinopec Energy Lanka has announced a revision of their fuel prices effective from 6:00 PM today (October 01).The post Sinopec increases fuel prices in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Fitch Ratings upgraded Sri Lanka’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC-‘ from ‘RD’ (Restricted Default), in its latest report.Fitch typically does not assign Outlooks to sovereigns with a rating of ‘CCC+’ or below. The Long-Term Foreign-Currency IDR has been affirmed at ‘RD’ and the Country Ceiling at ‘B-‘. ...
[…]The post Responsible Investment Of Borrowed Money: Could This Be A Way Forward? appeared first on Colombo Telegraph.
Sinopec is to operate 200 filling stations in Sri Lanka, the company said after announcing its official entry into Sri Lanka’s dynamic fuel retail market. Sinopec announced its official entry into Sri Lanka’s dynamic fuel retail market at a felicitation event for local distributors held in Colombo. This momentous occasion also marked the commencement of […]
Video: SINOPEC announces official entry to Sri Lanka's fuel retail market
Chinese oil and gas company Sinopec officially launched their retail fuel operations in Sri Lanka at an event held in Colombo on Monday evening (25 Sep.), marking a historic energy partnership and investment.
By N Sathiya Moorthy First, it was former Central Bank Governor Dr Indrajith Kumaraswamy. He was the chosen man of President Ranil Wickremesinghe, the then Prime Minister, for the job after his previous choice from Singapore, Arjuna Mahendran, scooted away in the light of the ‘bonds scam’ expose. The man is yet to be traced, for […]
By Sanath Nanayakkare The Global CEO Forum Sri Lanka held at the Galadari Hotel on Thursday showed a clear shift of discussion topics by Sri Lankan business leaders compared to what they were talking about just a year ago. Completely deviating from airing worries about how to run their businesses amid economic turmoil, business leaders […]
by Neville Ladduwahetty In order to assuage the apprehensions of India regarding the intended arrival of the Chinese research vessel Shi Yang 6 to Sri Lanka, an informed source of the National Aquatic Resources Research Agency (NARA) is reported to have said “a team of officials from the NARA would board Shi Yang 6 to […]
“Our focus is on achieving 70% renewable energy by 2023. This includes 25% from solar panels, 15% from wind power, and 10% from natural gas. However, transitioning the energy mix is a gradual process, requiring meticulous planning and execution. We aim to reach 60% renewable energy by 2026 and eliminate fossil fuel-based electricity generation by […]
Sri Lanka has declared several services as essential services via an extraordinary gazette.The post Health, electricity and petroleum gazetted as essential services in Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
A special gazette notification has been issued declaring the supply of electricity and all related services, the supply or distribution of petroleum products and fuel, and health services as essential services.
Monday 18th September, 2023 Some henchmen of the Rajapaksa family, which is responsible for ruining the economy, have taken upon themselves the task of investigating the causes of the country’s bankruptcy! They are all out to absolve their political masters of wrongdoing in a bid to shore up the latter’s chances of winning future elections. […]