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In the landscape of modern mobility, a quiet revolution is underway, reshaping how we navigate our lives and interact with our environment. New Energy Vehicles (NEVs), a category encompassing electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs) and other alternative options, are emerging as the vanguard of sustainable living. These automobiles herald a future where […]
- BYD Rolled Off Its 7 Millionth New Energy Vehicle (Category: Breaking News)
- US notes importance of Sri Lanka switching to solar energy (Category: Breaking News)
- Thailand explores opportunities at Hambantota Port (Category: Breaking News)
- Erik Solheim calls on Sri Lanka to join the green revolution (Category: Breaking News)
Six turbines of the wind power plants in Mannar have been removed to keep a 2-km corridor for bird migration. There have been concerning reports of former Viyathmaga members actively acting behind the scenes to stall a critical infrastructure project, which will provide Sri Lanka with cheap renewable energy and cut our dependence on fossil […]
- Adani to complete Sri Lanka energy project by December 2024 (Category: Breaking News)
- BoI issues letter approving Adani’s renewable energy project (Category: Breaking News)
- Adani and Sri Lanka discuss progress on renewable energy project (Category: Breaking News)
- Highest energy demand recorded in Sri Lanka (Category: Breaking News)
China has said it would continue to support Sri Lanka, as the crisis-hit island nation’s prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring deal.The post China reaffirms financial support for Sri Lanka appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- China says ready to support Sri Lanka to overcome Economic Crisis (Category: Breaking News)
- China calls for joint efforts to ease Sri Lanka’s debt burden (Category: Breaking News)
- China continuously encouraged IMF to support Sri Lanka – Chinese Embassy in Sri Lanka (Category: Breaking News)
- China welcomes Sri Lankan foreign minister’s remarks on ‘Chinese debt trap’ (Category: Breaking News)
In the wake of vessel re-routings, aimed at avoiding the Red Sea, bunker demand across ports in both India and Sri Lanka has witnessed a significant surge, highlighting a growing challenge for the maritime industry. While India contends with supply shortages, Sri Lankan ports are experiencing a notable increase in activity. According to S&P Global […]
- Implications of India – Sri Lanka connectivity (Category: Breaking News)
- Bunker demand surges in Sri Lankan ports as India grapples with supply shortages (Category: Breaking News)
- Norochcholai running out of coal: 14-hour power cuts feared (Category: Breaking News)
- SC judgment on MR, GR, BR, PB and Cabraal (Category: Breaking News)
The top United Nations court on Thursday ordered Israel to take measures to improve the humanitarian situation in Gaza, including opening more land crossings to allow food, water, fuel and other supplies into the war-ravaged enclave.
The ship which crashed into the Baltimore bridge, was heading to Sri Lanka with dangerous cargo capable of exploding – and had a “faulty” part, Britain’s the Mirror reported. The Mirror report said the crash could have been even more disastrous, as the ship involved carried 56 containers loaded with dangerous cargo capable of exploding – […]
- US bridge collapses after being hit by Colombo bound ship (Category: Breaking News)
- Thousands flee after dam in Ukraine collapses (Category: Breaking News)
- CB warns of catastrophic consequences if banking sector collapses (Category: Breaking News)
- Hulanda Oya bridge collapses (Category: Breaking News)
The bodies of two people have been recovered from a red pickup truck, which was under water where the Baltimore bridge collapsed. Eight construction workers were on the bridge when a ship struck it, plunging them into the waters below. Two of the workers were rescued on the day, but the search continues for the […]
- Biden expects Iran to attack Israel ‘sooner than later’ (Category: Breaking News)
- Lost power, a mayday call and the crash that brought down a Baltimore bridge (Category: Breaking News)
- Sydney church stabbing declared a ‘terrorist’ attack (Category: Breaking News)
- Four officers shot dead, four wounded, in North Carolina home siege (Category: Breaking News)
At least five Sri Lankans have reportedly been killed so far while fighting in the Ukraine-Russia war, according to Al Jazeera. In the latest incident, Nipuna Silva, a Sri Lankan soldier who quit his army position to fight for Russia in Ukraine due to better pay, is believed to have been killed on the front line.The post Sri Lankan soldier Nipuna Silva among latest victims in Ukraine-Russia confli...
- Lankan mercenaries fighting on both sides of Russia-Ukraine war (Category: Breaking News)
- Two Indians recruiting Lanka’s ex-servicemen for Russia-Ukraine war (Category: Breaking News)
- Sri Lanka to repatriate nationals trafficked into Russia-Ukraine war (Category: Breaking News)
- Russia accuses “powerful country”of double standards on Sri Lanka (Category: Breaking News)
By Saman Indrajith Salaries of ministers differ and Parliament is not aware of the exact amount drawn by each of them, for they are paid by their ministries. Contacted for comment, COPF Chairman SJB MP Dr Harsha de Silva said that he could give exact details of the salary and allowances he received but he […]
- Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM (Category: Breaking News)
- Striking health workers shouldn’t be granted docs’ allowance under any circumstances -Udaya (Category: Breaking News)
- AKD vows to stop allocating funds for ex-presidents, questions Sagala’s role (Category: Breaking News)
- Budget 2012: Add allowances to salary says NTUC (Category: Breaking News)
A major bridge in the US collapsed after being hit by a Colombo bound ship, sending several vehicles and people into the river. Baltimore Fire Chief James Wallace said two people had so far been pulled from the water, one in a serious condition and the other not seriously injured. Wallace said during a press […]
- India, Sri Lanka passenger ferry service launched after 40 years (Category: Breaking News)
- Sri Lankan asylum seekers in Australia push for permanent visas (Category: Breaking News)
- Sri Lankan born pioneer of location-tracking technology in King’s honours list (Category: Breaking News)
- Indian Coast Guard seizes narcotics en-route to Sri Lanka from Pakistan (Category: Breaking News)
Sri Lankan Prime Minister Dinesh Gunawardena will visit China, his country’s biggest bilateral lender, next week, Beijing’s Foreign Ministry said Friday, according to AFP. “At the invitation of Premier Li Qiang of the State Council, Prime Minister of Sri Lanka Dinesh Gunawardena will pay an official visit to China from March 25 to 30,” Foreign […]
- Song “Danno Budunge Sri Dharmaskandha” made a national heritage (Category: Breaking News)
- Japanese Foreign Minister to hold crucial talks in Sri Lanka (Category: Breaking News)
- Crisis forced Sri Lanka to ensure financial discipline (Category: Breaking News)
- Prime Minister Dinesh Gunawardena assumes duties (Category: Breaking News)
After constructive discussions in Colombo, IMF Senior Mission Chief Peter Breuer and Deputy Mission Chief Ms. Katsiaryna Svirydzenka issued the following statement: “The IMF team reached staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 […]
- Govt. ponders domestic debt optimisation operation (Category: Breaking News)
- IMF team gives prognosis for Lanka at conclusion of nearly two-week visit (Category: Breaking News)
- 93 percent jump in tax collection in first half of this year (Category: Breaking News)
- IMF and Sri Lanka reaches staff-level agreement following second review (Category: Breaking News)
Following productive discussions, the International Monetary Fund (IMF) and Sri Lankan authorities have achieved a staff-level agreement on economic policies, marking a significant step in concluding the second review of the 4-year Extended Fund Facility (EFF)-supported program and the 2024 Article IV Consultation. This was stated by Mr. Peter Breuer, IMF Senior Mission Chief during […]
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
- IMF reaches staff-level agreement on Sri Lanka’s second review (Category: Breaking News)
- IMF reaches staff-level agreement on Second Review of Sri Lanka’s EFF (Category: Breaking News)
- IMF reaches staff-level agreement with Sri Lanka on second review (Category: Breaking News)
The United States says switching to solar energy for e-mobility will reduce the burden on Sri Lanka’s national grid. The US Ambassador to Sri Lanka Julie Chung said that switching to solar energy will help ease the economic burden of having to spend dollars on importing fuel for transportation and power generation. She expressed these […]
- India and Sri Lanka sign deal on Hybrid Renewable Energy system (Category: Breaking News)
- US energy company and Sri Lanka sign fuel distribution deal (Category: Breaking News)
- Australian company to begin retail fuel operations in Sri Lanka this year (Category: Breaking News)
- Sri Lanka launches probe over cargo on ship which crashed in Baltimore (Category: Breaking News)
The International Monetary Fund (IMF) reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement. The EFF arrangement was approved by the IMF Executive Board for a total amount of SDR 2.3 billion (about US$3 billion) on March […]
- IMF delegation to visit Colombo next week (Category: Breaking News)
- IMF commends Sri Lanka’s economic reforms endeavors (Category: Breaking News)
- IMF remains very hopeful on Sri Lanka (Category: Breaking News)
- IMF chief pleased with deal reached to support Sri Lanka (Category: Breaking News)
By Dr Upul Wijayawardhana Humans, for generations, would have been envious of birds as the freedom of the skies was entirely theirs. Born with abilities of terrestrial pursuits, humans soon took to water and mastered the art of transport in water too but attempts at flying like birds were in vain, most ending in disaster! […]
- Standby pilot too declared unfit; UL flight rescheduled (Category: Breaking News)
- Upali Wijewardene – an enigma and a legend (Category: Breaking News)
- Needles found in sandwiches on four US-bound Delta flights (Category: Business)
- Blowing-up Air Lanka’s Tristar-36 on May 3, 1986 (Category: Breaking News)
The International Monetary Fund (IMF) team has reached a staff-level agreement with the Sri Lankan authorities on the second review under the economic reform program supported by a 4-year Extended Fund Facility (EFF) arrangement and concluded the 2024 Article IV Consultation discussions.The post IMF reaches staff-level agreement with Sri Lanka on second review appeared first on ONLANKA - Sri Lanka...
- Sri Lanka reaches IMF staff-level agreement on first review (Category: Breaking News)
- IMF reaches staff-level agreement on first review of Sri Lanka’s Extended Fund Facility arrangem... (Category: Breaking News)
- IMF reaches staff-level agreement on Sri Lanka’s second review (Category: Breaking News)
- IMF and Sri Lankan Authorities Reach Staff-Level Agreement on Economic Policies (Category: Breaking News)
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement for the release of $1.1bn from a $3bn bailout package the indebted country needed to avert a sovereign default. “The IMF team has reached a staff-level agreement with the Pakistani authorities on the second and final review of Pakistan’s stabilisation programme,” the IMF […]
- Spending Break (Category: Business)
- Sri Lanka’s JVP gen secy makes dubious claim on IMF deal, says loan “pittance” (Category: Breaking News)
- IMF gets blamed for the mess created by politicians - Nepali economist (Category: Breaking News)
- IMF hopes for resolution of Sri Lanka crisis to resume bailout talks (Category: Breaking News)
By Shamindra Ferdinando By the time President Gotabaya Rajapaksa had arrived in Singapore in the second week of July 2022, a few days after fleeing Sri Lanka, he firmly believed that then Prime Minister Ranil Wickremesinghe was the only person capable of restoring the rule of law in the country. In the chapter titled ‘The […]
- US hand in GR’s ouster: Speaker finally confirms allegations (Category: Breaking News)
- Declining power and challenges before SLPP (Category: Breaking News)
- Proposed all-party govt: Prez wins support from unexpected quarters (Category: Breaking News)
- Whose Saviour Is Ranil? And Who Is Being Clever – Ranil Or Gota? (Category: Breaking News)
The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to establish the Sapugaskanda Oil Refinery as a separate state enterprise, so that it could be upgraded through local and foreign private sector investment. The Sapugaskanda Oil Refinery was established in the year 1969 and is the only fuel refinery […]
- Persian Prop (Category: Business)
- Refining Revision (Category: Business)
- ‘Sapugaskanda Oil Refinery’ to become a separate state enterprise (Category: Breaking News)
- Cherry Point refinery back in operation after Feb. fire (Category: USA, Washington)
The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to establish the Sapugaskanda Oil Refinery as a separate state enterprise, so that it could be upgraded through local and foreign private sector investment. The Sapugaskanda Oil Refinery was established in the year 1969 and is the only fuel refinery […]
- Persian Prop (Category: Business)
- Refining Revision (Category: Business)
- ‘Sapugaskanda Oil Refinery’ to become a separate state enterprise (Category: Breaking News)
- Cherry Point refinery back in operation after Feb. fire (Category: USA, Washington)
While presiding over a meeting of National People’s Congress Standing Committee on March 8, Chinese President Xi Jinping stressed on enhancing capacity for national security to safeguard sovereign interests, hinting categorically about his unhappiness over the country’s preparedness to fight internal and external threats in the face of intensifying geopolitical competition. At the 170-member Natio...
- J&K’s Fake combat capability charge points to deeper malady in the Chinese army (Category: Breaking News)
- J&K’s Fake combat capability charge points to deeper malady in the Chinese army (Category: Breaking News)
- Purges Don’t Move Policy in China (Category: Breaking News)
- In bid to counter China, US ramps up effort to boost military ties in Asia (Category: Breaking News)
An alliance of app-based transport workers are boycotting Chevron-branded gas stations over its complicity in Israel’s genocide in the Gaza Strip, following a conference in Sri Lanka. The International Alliance of App-Based Transport Workers (IAATW) said in a statement that its “drivers pledged to boycott Chevron-branded gas stations, including Texaco and Caltex,” in alignment with […]
- Sri Lanka expresses grave concern over the death of aid seekers in Gaza (Category: Breaking News)
- Sri Lanka creates fund to help children in Gaza (Category: Breaking News)
- Cricketer Lahiru Thirimanna injured in accident (Category: Breaking News)
- Students protest after boy dies following Thirukkovil marathon (Category: Breaking News)
United Petroleum of Australia is to sign a deal to begin retail fuel operations in Sri Lanka by mid this year. The Australian company signed the agreement with the Ministry of Power and Energy last month to enter the petroleum retail operations. Its group CFO, Nigel Simonsz visited the Ministry to update on their plans and […]
- Etihad increases flights to Colombo following spike in tourist arrivals (Category: Breaking News)
- US energy company and Sri Lanka sign fuel distribution deal (Category: Breaking News)
- US to work with Sri Lanka to tackle trafficking of nuclear material (Category: Breaking News)
- Rohitha Abeygunawardena elected new COPE Chair (Category: Breaking News)
[…]The post Climate Justice: Time For The Global South To Unite appeared first on Colombo Telegraph.
- The Interplay Of Climate Change & Water Shortages In Sri Lanka’s Ecosystems (Category: Breaking News)
- Impact Of Climate Change In Sri Lanka: National Security Challenges & Way Forward (Category: Breaking News)
- Forget The politicians & Their Bureaucrats, This Is Why We The Public, Need To Understand Climat... (Category: Breaking News)
- War, Peace & Lies (Category: Breaking News)
Peter Breuer, Chief of IMF Mission to Sri Lanka has claimed that the Sri Lankan economy is showing signs of progress. The monetary and fiscal measures like tax increases and particularly the debt moratorium may have resulted in giving some breathing space for the country to recover from the period of extreme hardship caused by […]
- Crashing economies and the South’s narrowing foreign policy options (Category: Breaking News)
- Need for new economic policy for poor countries (Category: Breaking News)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- Pitfalls of export-led growth (Category: Breaking News)
[…]The post IMF, Sri Lanka’s Resource Curse & Privatization Of The Central Bank appeared first on Colombo Telegraph.
- Debt Restructuring As Rocket Science: The IMF, Green, Blue & Pink-Washing BlackRock? (Category: Breaking News)
- A Staged Default & Sovereign Bond Debt Trap? IMF’s Spring Meetings Amid Hybrid Cold War (Category: Breaking News)
- Of Elections, Bond Scams & Money Politics: The Anatomy Of Default @75 (Category: Breaking News)
- Alternatives To The IMF & The Future Of The Welfare State: Beyond The Blame Game Between Superpo... (Category: Breaking News)
[…]The post Time For Truth Telling appeared first on Colombo Telegraph.
- Cockiness; What Price? (Category: Breaking News)
- Ballad Of A Sad Trumpet (Category: Breaking News)
- Opinion Vs Truth (Category: Breaking News)
- Brahmins Demand A Debate On Debt (Category: Breaking News)
Minister of Power and Energy, Kanchana Wijesekera, announced that the revised Electricity Act has been sent to the Legal Draftsman s Department for review. He anticipates presenting it to Parliament for approval in April following Cabinet endorsement.
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 […]
- Govt. still undecided about domestic debt restructuring methods (Category: Breaking News)
- India greatly sensitive to needs of Lanka – PM Modi (Category: Breaking News)
- G20 advocate swift resolution of Sri Lanka’s debt situation and strengthen global debt collabora... (Category: Breaking News)
- Siyambalapitiya alleges move to trigger run on banks (Category: Breaking News)
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