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The man charged with clawing Sri Lanka out of bankruptcy says he had warned about economic calamity years before it hit and was pressed into retirement for his troubles.The post ‘No second chance’ to save Sri Lanka, central banker warns appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- CBSL Governor refuses to resign over pay hike issue (Category: Breaking News)
- CBSL chief s special statement on domestic debt restructuring process (Category: Breaking News)
- Sri Lanka’s Central Bank Governor asks critics to provide alternatives (Category: Breaking News)
- Sri Lanka faces shutdown without stable govt- CBSL governor warns (Category: Breaking News)
A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended.The post Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top S...
- Sri Lanka cabinet approves new electricity tariff without saying what it is (Category: Breaking News)
- Japan to support Sri Lanka’s debt restructuring negotiations (Category: Breaking News)
- IMF team in Colombo this week for first review of Extended Fund Facility (Category: Breaking News)
- Sri Lanka sees forex reserves exceeding $4 billion after fresh funding (Category: Breaking News)
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
- DEW alleges US must have approved removal of Galle Face protesters (Category: Breaking News)
- SJB alleges Prez under SLPP pressure to give up power to dissolve Parliament (Category: Breaking News)
- DEW disappointed over disruption of COPE; AG acting in terms of Standing Orders (Category: Breaking News)
- SC ruling on economic crisis: Parliament also responsible, says Foreign Minister (Category: Breaking News)
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 […]
- Flights between China and Sri Lanka to be increased (Category: Breaking News)
- Sri Lanka s priority is to attract investments instead of further borrowings President tells ... (Category: Breaking News)
- Sri Lanka s priority is to attract investments instead of further borrowings President tells ... (Category: Breaking News)
- Sri Lanka s priority is to attract investments instead of further borrowings President tells ... (Category: Breaking News)
[…]The post The March Towards ‘Akhand Bharat’ appeared first on Colombo Telegraph.
- Sri Lanka Is Still In Deep Trouble, With Or Without Ranil (Category: Breaking News)
- Who Were The Early Sri Lankans? (Category: Breaking News)
- Destination Delhi: Roving President’s Next Port Of Call (Category: Breaking News)
- To Be Or Not To Be (A US Military Base) (Category: Breaking News)
Sri Lankan tea prices that had been piping hot have cooled off as production in the world’s fourth-largest tea grower begins to recover.The post Sri Lanka tea prices dip 40% from record high on production rebound appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
- Prices of cup of plain tea and milk tea reduced (Category: Breaking News)
- Sri Lanka tea industry to fully recover next year, says minister (Category: Breaking News)
- Leaf Trend (Category: Business)
- Crop Condition (Category: Business)
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action.
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action.The post Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply appeared first on ONLANKA News - Sri Lanka
- RM Parks signs $110 million petroleum agreement with Sri Lanka (Category: Breaking News)
- Ministry of Power and Energy signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
- Sinopec Lanka announces retail fuel prices for Sri Lanka (Category: Breaking News)
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
In a bid to address the foreign exchange crisis in Sri Lanka and ensure a steady supply of fuel, the Ministry of Power and Energy has taken decisive action. Accordingly, an agreement was signed on Thursday (08) at the Presidential Secretariat, between the Government of Sri Lanka and RM Parks Inc
- Sri Lanka signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
- RM Parks signs $110 million petroleum agreement with Sri Lanka (Category: Breaking News)
- Sri Lanka signs deal with RM Parks and Shell to enter fuel market (Category: Breaking News)
- Ministry of Power and Energy signs agreement with RM Parks Inc to ensure uninterrupted fuel supply (Category: Breaking News)
[…]The post Political Robber Barons Fear The Rejuvenated ‘Aragala’ Spirit! appeared first on Colombo Telegraph.
- Politics & Death Of Sanath Nishantha: Some Sombre Lessons & Reflections (Category: Breaking News)
- Calm Before The Storm! Aragalaya -’22 Has Rested Enough!!! (Category: Breaking News)
- Evaluation Of Aragalaya (Category: Breaking News)
- With Impunity Remaining Normalised, What Hope For Sri Lanka? (Category: Breaking News)
The apparel sector stands to lose USD 494 million if Sri Lanka loses the GSP plus trade concession offered by the European Union. Secretary General of the Joint Apparel Association Forum Sri Lanka, Yohan Lawrence, said that with the current GSP+ regulation set to expire by the end of 2023, it is imperative that Sri […]
- Apparel sector want trade deals that suit Sri Lanka (Category: Breaking News)
- Sri Lanka Loses GSP+ (Category: Breaking News)
- EU Subsidy cut has had little impact on Sri Lankan garments - Government officials (Category: Breaking News)
- HRW says Sri Lanka failed to meet obligations linked to GSP+ scheme (Category: Breaking News)
Friday 2nd June, 2023 Long lines of vehicles suddenly appeared near filling stations yesterday, evoking dreadful memories of a dark era and causing public panic. Pumps had run dry at most fuel depots, and people had to wait for hours to obtain petrol and diesel. Minister of Power and Energy Kanchana Wijesekera hurriedly issued a […]
- Fuel Distributors Association threatens legal action against CPC (Category: Breaking News)
- LIOC temporarily halts fuel distribution to filling stations (Category: Breaking News)
- Fuel distribution normal after setbacks from trade union action - CPC (Category: Breaking News)
- 801 filling stations in total tested fuel pass QR facility- Minister (Category: Breaking News)
Fuel prices in Sri Lanka will be revised from midnight today (May 31).The post Fuel prices revised in Sri Lanka appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Sri Lanka revises fuel prices from March 05, 2024 (Category: Breaking News)
- Sri Lanka revises fuel prices from July 31, 2023 (Category: Breaking News)
- Sri Lanka revises fuel prices from October 31, 2023 (Category: Breaking News)
- Sri Lanka revises fuel prices from June 1, 2024 (Category: Breaking News)
India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar, has told the Indian Express. The IE story, filed from Ahmedabad, said: The Modi government, he [Jaishankar] underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and […]
- JVP Leader in India on invitation extended by Indian government (Category: Breaking News)
- India assures continued support for SL at Creditors’ Committee along with Japan and Paris Club (Category: Breaking News)
- Chinese ship visit: Sabry contradicts Defence Ministry (Category: Breaking News)
- Asian Century will not happen if China and India could not join hands – Jaishankar (Category: Breaking News)
India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar said. The Modi Government, he underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and nations in South-East Asia. “What we are also trying to do […]
- India, Sri Lanka passenger ferry service launched after 40 years (Category: Breaking News)
- Modi says India greatly sensitive to Sri Lanka’s needs (Category: Breaking News)
- India’s prudence towards Sri Lanka further consolidates the “neighbourhood first” policy of Prim... (Category: Breaking News)
- Sri Lankan born pioneer of location-tracking technology in King’s honours list (Category: Breaking News)
India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr. S. Jaishankar stressed on Saturday.The post India did more for Sri Lanka than IMF – Jaishankar appeared first on ONLANKA News - Sri Lanka Latest Breaking News and Live Updates - Sri Lanka News.
- Jaishankar conveys India’s commitment to increase investment flows to Sri Lanka to hasten econom... (Category: Breaking News)
- India exceptional in helping neighbourhood including Sri Lanka (Category: Breaking News)
- India has done its best to assist Sri Lanka – Jaishankar (Category: Breaking News)
- Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar (Category: Breaking News)
Fuel quota currently allowed on the National Fuel Pass (QR system) in Sri Lanka will be increased from next month (June), the Power and Energy Minister Kanchana Wijesekara said.The post Sri Lanka decides to increase Fuel quota from June, 2023 appeared first on ONLANKA News - Sri Lanka News Service to get the latest Sri Lanka Breaking News.
- National Fuel Pass Quota to be topped up every Tuesday midnight (Category: Breaking News)
- Sri Lanka to increase fuel quota for Three-wheelers (Category: Breaking News)
- Fuel quota to be increased from Tuesday (Category: Breaking News)
- Sri Lanka decides to keep the increased fuel quota unchanged (Category: Breaking News)
Sinopec (600028.SS) has signed a contract to enter Sri Lanka’s retail fuel market, the President’s office said on Monday, as the crisis-hit country attempts to reduce pressure on its meagre dollar reserves. Under the new deal the Chinese firm will be given a 20-year licence to operate
- Sinopec offers to fully finance Hambantota refinery (Category: Breaking News)
- Sinopec to operate 200 filling stations in Sri Lanka (Category: Breaking News)
- China’s Sinopec to begin islandwide fuel distribution in Sri Lanka (Category: Breaking News)
- Sri Lanka to approve Sinopec’s $4.5 billion refinery proposal (Category: Breaking News)
The Sri Lanka Government has signed an agreement with Sinopec Fuel Oil Lanka (Pvt) Ltd and its parent company in China and Singapore for a long-term contract on the importation, storage, distribution & sale of petroleum products in Sri Lanka, the President’s Media Division (PMD) reported.The post Sri Lanka signs agreement with Sinopec to allow it to enter the fuel retail market in Sri Lanka a...
- First two Sinopec fuel shipments to arrive in Sri Lanka in August (Category: Breaking News)
- Sinopec sign agreement with BOI to operate, set up filling stations for distribution in Sri Lanka (Category: Breaking News)
- First Sinopec fuel cargo commence discharging (Category: Breaking News)
- Sinopec Lanka announces retail fuel prices for Sri Lanka (Category: Breaking News)
Cash-strapped Sri Lanka’s national airline announced a staggering US $ 525 million annual loss yesterday.The post Sri Lanka’s airline posts US $ 525 million annual loss appeared first on ONLANKA News ::. Latest Sri Lanka News with Breaking News Alerts from Sri Lanka.
- SriLankan CEO believes ‘worst is over’, expects $50 Million profit next year (Category: Breaking News)
- Sri Lanka airline boss says ‘don’t be a CEO during Covid’ (Category: Breaking News)
- SriLankan Airlines returns to profit amid privatization efforts (Category: Breaking News)
- SriLankan Airlines says paid interest on US$ 175 million bond after sovereign debt default (Category: Breaking News)
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.
- Sri Lanka Government pays special attention to revive the construction sector (Category: Breaking News)
- Sri Lanka to establish Anti-Narcotic Command to curb drug influx (Category: Breaking News)
- Asian Development Bank backs future water supply projects in Sri Lanka (Category: Breaking News)
- Let’s work together for a prosperous Sri Lanka – President (Category: Breaking News)
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 […]
- Plan for setting up nuclear power plants in SL (Category: Breaking News)
- Obama seeking more nuclear energy loan guarantees (Category: USA, South Carolina)
- CEB GM Eng. Rohan Seneviratne steers electricity sector toward sustainable and renewable future (Category: Breaking News)
- Viable alternative renewable sources - Solar, wind, wave, geo thermal, bio mass (Category: Business)
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
- Lanksa Sathosa slashes prices of five essential items (Category: Breaking News)
- CB announces further jump in inflation (Category: Breaking News)
- Government says no need to import eggs and chicken (Category: Breaking News)
- Fish Stalls open till late night for New Year (Category: Breaking News)
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
- Transformation of agro-food system: (Category: Breaking News)
- Joint food security assessment by govt., FAO, WFP next month (Category: Breaking News)
- WFP finds 32 percent of Lankan households are food insecure (Category: Breaking News)
- Economic crisis takes its toll on education, DCS survey reveals (Category: Breaking News)
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
- Sri Lanka looks to adventure travel to attract ‘quality’ tourists and help rebuild economy (Category: Breaking News)
- Indian cruise ship to launch operations to Sri Lanka (Category: Breaking News)
- Analysis: A year later, Sri Lanka’s tentative economic recovery eludes the poor (Category: Breaking News)
- Tourist arrivals in Sri Lanka cross 200,000 in December (Category: Breaking News)
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 […]
- US, Australia focus on maintaining free, open Indo-Pacific with eye on China (Category: Breaking News)
- Have China’s Pacific ambitions been thwarted? (Category: Breaking News)
- US Deputy Secretary of Defense to speak at Galle Dialogue (Category: Business)
- India bolsters military and economic ties with the US and Europe amidst China’s aggression in In... (Category: Breaking News)
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
- Highest vegetable prices in recent history recorded today (Category: Breaking News)
- Some teachers bid adieu to sari (Category: Breaking News)
- Untapped power of consumers (Category: Breaking News)
- Greedy bakers (Category: Breaking News)
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 looks to adventure travel to attract quality tourists and help rebuild economy (Category: Breaking News)
- Sri Lanka approves visa-free entry for tourists from 07 countries (Category: Breaking News)
- Driving Adventure (Category: Business)
- Sri Lanka Tourism ready for tourists (Category: Breaking 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.
- Government’s objective is to develop Sri Lanka as a thriving nation by 2048 (Category: Breaking News)
- Let us collectively join hands to make 2048 the year of development in Sri Lanka – President (Category: Breaking News)
- President to intensify focus on national unity, youth aspirations (Category: Breaking News)
- Elections will be held in accordance with the Constitution, Presidential poll in 2024 – President (Category: Breaking 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.
- Chinese state-owned firm to build major Sri Lanka port complex (Category: Breaking News)
- Sri Lanka to build South Asia s largest logistics complex at Colombo Port (Category: Breaking News)
- China’s top option for next naval base is Sri Lanka – report (Category: Breaking News)
- Sri Lanka to OK Sinopec’s $4.5 billion refinery proposal on Monday – minister (Category: Breaking News)
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