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[…]The post IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank appeared first on Colombo Telegraph.
[…]The post Time For Truth Telling appeared first on Colombo Telegraph.
By Saman Indrajith President Ranil Wickremesinghe yesterday told Parliament that the government was planning to exempt items such as books, school equipment, health equipment, and medicine from VAT. Making a special statement in the House, the President said: “By 2022, the country was slated to repay approximately US$6 billion in foreign debt annually, amounting to […]
Sri Lanka's President, Ranil Wickremesinghe, asserted that the nation’s economy is experiencing robust growth due to the government’s initiatives.The post Sri Lanka’s President says Government initiatives drive robust economic growth appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Sri Lanka has sought temporary relief from debt defaults from 2023 till 2027, President Ranil Wickremesinghe told Parliament, Wednesday. He said that Sri Lanka plans to diligently work towards repaying the loans in the period from 2027 to 2042. “Sri Lanka faces a significant burden of debt. By 2022, the country was slated to repay […]
The Ceylon Petroleum Corporation (CEYPETCO) has announced that fuel prices will be revised with effect from midnight today (March 04). Accordingly, the price of Petrol 95 Octane will be reduced to Rs. 447 per litre while Super Diesel will be reduced to Rs. 458 per litre and the price of Kerosene
Fuel prices in Sri Lanka have been revised with effect from March 05, 2024.The post Sri Lanka revises fuel prices from March 05, 2024 appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
India has taken note of an increase in investments in Sri Lanka as well as other countries in the region. India’s External Affairs Minister S Jaishankar, in a veiled dig at Maldives President Mohamad Muizzu for his comment earlier this year, said that big bullies do not offer $4.5 billion aid or vaccine or food […]
An Extraordinary Gazette has been issued, declaring all services related to the supply of electricity as well as the supply or distribution of petroleum products and fuel as essential services in Sri Lanka.The post Electricity and Fuel supply declared as essential services in Sri Lanka appeared
[…]The post Electricity, Costs, Options Needs & Priorities appeared first on Colombo Telegraph.
[…]The post Disturbing Echoes Of The Last Phase Of The Civil War In Sri Lanka & The Treatment Of Palestinians Under Zionist Occupation – Part III appeared first on Colombo Telegraph.
Sri Lanka is deeply troubled about the death of over hundred people who were waiting to receive aid in Gaza and joins the call for investigation into the incident. The latest incident underscores the immediate need to end the blockade imposed on Gaza, depriving its civilian population, including women and children, of access to basic […]
The government has decided not to revise the fuel prices for the month of March.
United Petroleum Australia Pty Ltd has entered into a contract with the Ministry of Power and Energy to supply petroleum products in the Sri Lankan market, a statement from the company said.The post United Petroleum enters Sri Lanka’s fuel market, secures supply contract appeared
United Petroleum Australia Pty Ltd has entered into a contract with Sri Lanka s Ministry of Power and Energy to supply petroleum products into the local market.
Across South Asia, an ominous great game is unfolding. China is battling for regional influence, with smaller buffer states caught in the middle as pawns. Far from peaceful rise, China’s tactics reveal a belligerent dragon pulling neighbors ever tighter into its orbit through debt-trap diplomacy, data colonialism and brazen political interference – a 21st century […]
As Pakistan grapples with the aftermath of controversial elections, political chaos is threatening to cloud its $3bn deal with the International Monetary Fund (IMF), which analysts say is key to the country’s economic stability. On Thursday, the global lender said Pakistan’s interim government had “maintained” economic stability. The IMF’s communications chief, Julie Kozack, said the […]
A spacecraft built and flown by Texas-based company Intuitive Machines landed near the south pole of the moon on Thursday, the first U.S. touchdown on the lunar surface in more than half a century and the first ever achieved by the private sector.The post Moon landing today: US clinches first touchdown in 50 years appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
Across South Asia, an ominous great game is unfolding. China is battling for regional influence, with smaller buffer states caught in the middle as pawns. Far from peaceful rise, China’s tactics reveal a belligerent dragon pulling neighbors ever tighter into its orbit through debt-trap diplomacy, data colonialism and brazen political interference – a 21st century […]
Under Secretary of State for Public Diplomacy Elizabeth Allen on Monday (19) declared US support for journalists here against the backdrop of enactment of ‘Online Safety Bill’ She spokes about press freedom and related issues at the Sri Lanka Press Institute Press Club. A statement issued by the US Embassy quoted Allen as having said […]
Depts. of Catering and Housekeeping and Admin. account for more than 50% of total employees By Shamindra Ferdinando Chief of Staff and Deputy Secretary General of the Parliament G.K.A. Chaminda Kumara Kularatne said that the Parliament was not aware of the basis Chief Government Whip Prasanna Ranatunga, MP, declared that a day’s proceedings cost Rs […]
President Ranil Wickremesinghe assured a solution to the issues faced by the Tamils in the North and East. He said the Government is diligently addressing challenges one by one and currently, discussions are underway to find solutions for the issues facing the people of the North East. “Simultaneously, we must prepare to advance the nation’s […]
The United States says a free press is not an adversary to Sri Lanka but is one of its greatest allies, paving the way for a resilient and flourishing society. Under Secretary of State for Public Diplomacy, Elizabeth Allen, said that when Sri Lanka’s Parliament passed the Online Safety Bill in January, the United States […]
US Assistant Secretary of State for South and Central Asia, Donald Lu, hailed Sri Lanka as an example of the success of the administration’s Indo-Pacific strategy in collaboration with partners such as India. However, he also warned both Delhi and Dhaka that the security situation born out of the Rohingya refugee crisis and the general […]
Expanding its subcontinent profile, Thailand’s National carrier “Thai Airways” has announced their resumption of direct flight services to Colombo, connecting the Fareast and Southwest Pacific towards the pearl of the Indian Ocean. Thailand being one of the famous leisure destinations in the region with Bangkok being its capital city is well known for nightlife, excellent cuisine and […]
Sri Lanka is back in the geopolitical spotlight ahead of elections slated for later this year, and former President Maithripala Sirisena says Washington should be paying attention. Outside powers — specifically China — are exerting influence amid what Mr. Sirisena says is a moment of “great instability” for his country, a teardrop-shaped island just off […]
Sri Lanka needs to reduce the cost of producing electricity by about 25 percent in the next three years, , General Manager of CEB Narendra de Silva said on Thursday (15) during a consultation on the proposed electricity tariff, organized by the Public Utilities Commission of Sri Lanka (PUCSL) at the BMICH. “Right now we […]
Saturday 17th February, 2024 Trade unions are on the warpath, demanding pay hikes, and the ordinary people are struggling to keep their heads above water mostly due to unconscionably high tax and tariff hikes. The government insists that such painful measures are necessary to help the country come out of the present economic crisis. But […]
Japan will provide JPY 1.23 billion grant aid to improve power supply at selected hospitals here. The Japanese embassy said that this grant aimed to reduce carbon footprint and ease the financial burden on energy costs at Sri Jayewardenepura General Hospital, Teaching Hospital Ratnapura, and Teaching Hospital Kurunegala. With this assistance, the recipient hospitals will […]