Sinopec Energy Lanka (Pvt) Limited and the Board of Investment of Sri Lanka (BOI) signed an agreement on Friday (July 14) to operate and set up filling stations for distribution in Sri Lanka.

Babarandage Don Sarath Appuham, a 59-year-old fisherman, has worked at Negombo Lagoon since he was a teenager. Palpable differences in tide patterns and fish catches from climate change have complicated his work. “We used to always go at 9am, then 1pm. It’s no longer that predictable,” Sarath told Al Jazeera. They have to gauge conditions […]

… warns of move to bring public finance under President’s thumb By Shamindra Ferdinando Dissident SLPP MP Prof. Charitha Herath says that President Ranil Wickremesinghe has interfered with the functioning of parliamentary committees in violation of Standing Order No 111. The former Chairman of the Committee on Public Enterprises (COPE) warns of dire consequences of […]

Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]

When the five days long stretch of holidays ended last week and the Colombo bourse reopened for trading on Tuesday, the market surged 6.71 percent (633.69 points up) on the broad All Share Price Index (ASPI) while the Standard and Poor SL 20 index covering the 20 largest and more liquid companies quoted on the […]

By Amal JAYASINGHE The snaking queues for food and fuel that crisscrossed Sri Lanka last year have given way to a different kind of line — people scrambling for travel documents to flee their bankrupt island. “What we see as normalcy is a mirage,” customer care executive Gayan

Two amendments have been made to the agreements signed between Sri Lanka and its new fuel suppliers.

CP Chairman DEW G says lawmakers here should be aware of what is going on in the world. The Parliament cannot turn a blind eye to global developments, the former MP said, pointing out that the ongoing Ukrainian crisis underscored the need for greater understanding of international affairs as the rapid developments taking place with […]

During a media briefing held at the Presidential Media Centre under the theme of “Collective path to a stable country” today (04), Minister of Power and Energy, Kanchana Wijesekera, addressed accusations from various parties regarding the electricity price revision. He highlighted that in June’s price revision, the government provided a significant 55% relief in electricity […]

Chinese Ambassador to Sri Lanka Qi Zhenhong says that many nations in the world, including China and Sri Lanka, are still suffering under the yoke of neo-colonialism and hegemonism. Speaking during a visit to the Muthiyangana Raja Maha Viharaya, AmbassadorQi said China firmly upholds international fair play and justice, advocates the practice of true multilateralism, takes […]

The Ceylon Petroleum Corporation (CEYPETCO) has revised fuel prices with effect from midnight on Friday.

By Chandre Dharmawardana chandre.dharma@yahoo.ca According to a recent news report (The Island 23rd June 2023), Minister Mahinda Amaraweera has claimed that the “agricultural sector to be transformed into an export-oriented economy”! This is a surprising statement since the plantation sector, established by the British, has been from the start (and even now) an export-oriented economy....

Transport Minister Bandula Gunawardena announced on Sunday that the Cabinet of Ministers had approved a proposal to operate electric buses in the city of Colombo. The decision aims to mitigate environmental damage caused by exhaust fumes and the impact of rising fuel prices. Minister Gunawardena

It is important that Sri Lanka restructures its debt and relaxes the restrictions imposed on imports by the end of this year, Sri Lankan High Commissioner to India, Milinda Moragoda told News First in an interview on Thursday night. Sri Lanka has suspended its external debt repayments and the import of many goods, which are against […]

It was important for Sri Lanka to restructure its debt and relax import restrictions by the end of this year, Sri Lankan High Commissioner to India, Milinda Moragoda told News First in an interview on Thursday night. Sri Lanka had suspended its external debt repayments and the import of many goods, which are against some […]