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464 results found in 2016 ms
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Sri Lanka is to continue to stand by the ‘one China policy’ and support to protect China’s sovereignty and territorial integrity, the Foreign Ministry said today. The Foreign Ministry said that the assurance was given when the Minister of Foreign Affairs, Professor G.L. Peiris met with the Ambassador of China, Qi Zhenhong, at the Ministry […]
Empty streets reduce emissions, lack of chemical fertilizer promotes organic food
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The Government has enforced what is seen as an unofficial, partial lockdown from midnight today until 10th July with the public being urged to stay home. Cabinet Spokesman, Minister Bandula Gunawardena said that schools in Colombo and other major cities will remain closed until 10th July. Schools in other areas will function at the discretion […]
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Market has risen throughout the week, but in thin trade.
shortage of another 163 critical over the […]
Indian delegation comes as Sri Lanka is highly depending on Indian credit line for its fuel and other essentials.
The Taliban in Afghanistan have appealed for international support, as the country deals with the aftermath of a devastating 6.1 magnitude earthquake. More than 1,000 people have been killed and at least 1,500 injured. Unknown numbers are buried in the rubble of ruined, often mud-built homes. South eastern Paktika province has been worst-hit and the […]
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.
Talks will continue over the next few days with an IMF delegation already in the island nation, he said.
[…]The post Sri Lankan Economy Heading Towards A Dangerous Phase appeared first on Colombo Telegraph.
Protests beginning to father pace as petrol, diesel shortages threaten to bring the country to a standstill
Tankers have to wait for 5 hours to get diesel
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Passenger transport, goods transport hit
Sri Lanka's ongoing economic crisis has threatened a looming food crisis.
Currency crisis has triggered forex shortages
[…]The post A Country In Peril While The Executive Experiments appeared first on Colombo Telegraph.
"China and the United States could work together to help Sri Lanka (to) overcome current difficulties (sp)."
[…]The post IMF – Eagerly Awaited – Desperation Grows! appeared first on Colombo Telegraph.
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed Prime Minister said. Prime Minister Ranil Wickremesinghe said he would first look to other sources, but would be open to buying more crude from Moscow. Western nations largely […]
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Customers are sending questionaries to exporters on a daily basis inquiring about the country's situation.
The Government is looking to provide food free of charge to 10% of the population, Prime Minister Ranil Wickremesinghe said. He said that due to the pending food shortage he was launching a food security program in the country. Prime Minister Ranil Wickremesinghe added that he was hopeful
The United Nations team in Sri Lanka and non-governmental organisations launched a joint Humanitarian Needs and Priorities (HNP) Plan today, calling for US$47.2 million to provide life-saving assistance to 1.7 million people worst-hit by the economic crisis over a four-month period, from June to September. This directly responds to the Government of Sri Lanka’s request […]
Sri Lanka is compelled to depend on other countries to manage the impacts of economic crisis.
Wickremesinghe is on the spotlight for his performance after accepting Prime Minister post unconditionally.