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A program to generate income for Sri Lanka through 'Health Tourism' is expected to be prepared, President’s Senior Adviser Sagala Ratnayaka said.The post Sri Lanka Government focuses on promoting ‘Health Tourism’ appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
By Prof. Kirthi Tennakone Sri Lanka is planning to initiate nuclear power generation after a long delay––a prudent decision to secure future energy demand and reduce emissions. However, some parties have expressed skepticism that nuclear energy is unsuitable for Sri Lanka, saying it poses a risk of environmental radioactive contamination in reactor meltdowns and waste […]
The prevailing economic crisis dealt a huge blow to the country’s fisheries sector resulting in setbacks and decline of production thereby raising the retail prices of fish during last year, says the Central bank in its latest annual report. The seventy third Annual Report of the Monetary Board of the Central Bank of Sri Lanka […]
The 2023 Asia Cup that is scheduled to take place later this year is set to move from Pakistan to Sri Lanka, a report in The Indian Express said on Monday.The post Asia Cup set to be shifted from Pakistan to Sri Lanka – Report appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
and reduced fuel prices.
Around 40 percent of Sri Lankans have resorted to livelihood-based coping strategies by reducing their spending on education and health owing to the current economic crisis, says the Central Bank of Sri Lanka, in its latest annual report. The 73rd Annual Report of the Monetary Board of the Central Bank of Sri Lanka released recently […]
Sri Lanka expects to host 1.55 million visitors and earn 2.7 billion Sri Lankan rupees ($8.4 million) in much-needed tourism revenue this year, as it maps a road to the recovery of its tourism sector amid its worst economic crisis in decades.The post Sri Lanka expects cash infusion from 1.5 million tourists in 2023 for crisis-hit economy appeared first on Sri Lanka Breaking News and Top Headlines ...
Australia’s Defence Force is set to forge closer military ties with Sri Lanka and other countries in the north-east Indian Ocean, as the federal government weighs human rights concerns against urgent regional security fears. Following the new Defence Strategic Review, published in abridged declassified form last week, the government is preparing to expand the longstanding […]
Friday 5th May, 2023 The Vesak Full Moon Poya Day falls today. It is usually celebrated on a grand scale in this country, but this time around there has been a noticeable decline in festivity owing to the prevailing economic crisis. Pandols and danselas, where food and beverages are given away, are few and far […]
Adventure tourism is playing a key role in helping Sri Lanka rebuild its economy after a turbulent few years for the South Asian nation.The post Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
Sri Lanka President Ranil Wickremesinghe addressed the United National Party (UNP) May Day celebrations held at the Sugathadasa Indoor Stadium in Colombo yesterday (May 01) through video technology.The post Sri Lanka President says Let 2048 be the year of development for Sri Lanka appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a major logistics hub.The post Chinese state-owned firm to build major Sri Lanka port complex appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
[…]The post Preparing The Ground For Early Elections appeared first on Colombo Telegraph.
Tuesday 2nd May, 2023 Another May Day has come and gone. The organisers of the International Workers’ Day celebrations, in this country, rarely mention the Haymarket Riot in Chicago (1886), and benefits that accrued therefrom to workers the world over, much less commemorate the brave workers who have laid down their lives in the US […]
Chairman of the China Merchants Group (CMG), Miao Jianmin, has declared that their investments here would reach nearly USD 2 bn. CMG is China’s largest diversified conglomerate, according to a statement issued by the Hambantota International Port Group that dealt with Miao Jianmin’s recent visit. The statement quoted Jianmin’s as having said that the Group’s […]
By Sanath Nanayakkare Sri Lanka, while pursuing the macro-fiscal adjustment programme, under the IMF’s Extended Fund Facility arrangement, should focus on two key national issues concurrently, President Ranil Wickremesinghe said yesterday. “If the country is to achieve economic growth and share the dividends of prosperity among all its people, we need to focus on two […]
By Jehan Perera The second round of reducing the prices of a variety of fuels (2 percent for ordinary petrol to 29 percent for super diesel used by luxury vehicles) is an indication that the government is seeking to improve its support base amongst the better off sections of the population. This could be to […]
Video: Lanka IOC also reduces fuel prices (English)
The Ceylon Petroleum Corporation (Ceypetco) and Lanka Indian Oil (LIOC) reduced fuel prices. Accordingly, CPC said that Octane 92 petrol has been reduced by Rs. 7 per litre, Octane 95 petrol by Rs. 10, Auto Diesel by Rs. 15 and Super Diesel by Rs. 135 per litre. The new prices are Octane 92 petrol
Lanka IOC has also reduced the prices of fuel with effect from today (May 01), in line with the fuel price revision announced by the Ceylon Petroleum Corporation (Ceypetco) last night.
By R. R. M. Lilani After pledging to renegotiate its debt to Sri Lanka, China is back on track. Besides, since Sri Lanka urgently needs China to restructure its USD 7 billion debt to the country, Sri Lanka has vowed to support the dragon at this juncture by conceding to its demands. High-ranking Chinese VIPs […]
[…]The post Is It 1848 Again? Unrest This Time Is Global appeared first on Colombo Telegraph.
Sri Lanka's key inflation rate eased to 35.3% in April from 50.3% in March, the statistics department said on Friday, a sign of relief for the crisis-battered economy.The post Sri Lanka’s key inflation rate eases to 35.3% in April appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
[…]The post Are We Leading From Behind? appeared first on Colombo Telegraph.
[…]The post Powers Of The Judiciary & The Legislature: A Review appeared first on Colombo Telegraph.
[…]The post Scamming The Gestapo Church, Or Being Sound Christian Witness appeared first on Colombo Telegraph.
[…]The post Controversial Decision To File Damages For The X-Press Pearl In Sri Lanka Or Singapore? appeared first on Colombo Telegraph.
Discussions pertaining to the future of Sri Lanka s fuel industry were held today (28 April) between the Minster of Energy Kanchana Wijesekera and United Petroleum, Australia.
Sri Lanka's economy is expected to shrink by 2% in 2023, its central bank said in an annual report on Thursday, as the country struggled to emerge from its worst financial crisis in decades.The post Sri Lanka’s economy to shrink by 2% in 2023, Central Bank says appeared first on Sri Lanka Breaking News and Top Headlines - ONLANKA News.
China Petroleum & Chemical Corporation, or Sinopec, and Sri Lanka are to finalise the deal on retail fuel sales. Power and Energy Minister Kanchana Wijesekera said that a team of Sinopec officials and technical experts visited Sri Lanka to finalize the agreements and commence operations