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The main stock index has fallen 4.4$% in the last two sessions.
[…]The post System Change Plus Politician Change Through Elections appeared first on Colombo Telegraph.
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.
Stocks fall for the first time in five sessions.
[…]The post Is Sri Lanka On The Brink Of Another Covid Wave? appeared first on Colombo Telegraph.
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.
Market has risen throughout the week, but in thin trade.
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...
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
Stocks have been on a downward trend mainly due to higher interest rates
Sri Lankans are still waiting in long queues for days to buy fuel and cooking gas amid power cuts as the crisis deepens.
Prime Minister Ranil Wickremesinghe informed Parliament today that Sri Lanka was facing the threat of hitting rock bottom. He also said that going to the International Monetary Fund (IMF) is the only option Sri Lanka has to resolve the economic crisis. The Prime Minister said that the aim of the Government is to hold discussions […]
Brokers see downward trend to continue in the next few weeks until interest rates come down.
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 – A more “proactive” role i...
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
Stock index rebound from near 8-week low.
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
Long queues near filling stations were seen across Sri Lanka due to fuel shortage.
Australia today insisted that Sri Lankans who arrive by boat will not be accepted. Home Affairs Minister Clare O’Neil will visit Sri Lanka on Monday as the South Asian neighbour continues to struggle with its economic and humanitarian crises. The trip also follows the interception of multiple asylum seeker boats travelling to Australia from the […]
Protests beginning to father pace as petrol, diesel shortages threaten to bring the country to a standstill
[…]The post Ranil: A SWOT Appraisal appeared first on Colombo Telegraph.
Sri Lanka sees one of its worst fuel crisis due to dollar shortage.
Fuel crisis hits education institutions.
[…]The post Aragalaya: Manufactured Economic Crisis & Peoples’ Suffering appeared first on Colombo Telegraph.
The main index fell for the 4th consecutive session
Passenger transport, goods transport hit
Economic and political uncertainties weigh on the sentiment
Three-wheel drivers blocked the Galle Road in Dehiwala today and obstructed traffic, demanding fuel. The three-wheel drivers accused the authorities of failing to resolve the fuel crisis. They said that the crisis has affected their day-to-day income as they have not been able to operate