By Chaminda Silva SriLankan Airlines and Fits Air operating international flights from here, have sought permission to hire foreign pilots, Civil Aviation Authority of Sri Lanka Director General and Chief Executive Officer P. A. Jayakantha said addressing an event at the Aviation Authority Both airlines have a serious shortage of pilots, he said.A large number […]

Laugfs Gas PLC, one of Sri Lanka s two largest suppliers of domestic Liquefied Petroleum (LP) gas, has assured that there is no gas shortage in the country, despite certain rumors.

Through the facility established by the United Nations Development Programme (UNDP) in Sri Lanka, Michelin Foundation channels support to procuring essential medicine given the ongoing socio-economic situation in the country and to address the identified drug shortage as highlighted by the Ministry of Health in Sri Lanka.

The Matara Magistrate s Court has imposed fines on a company and two shops which had sold eggs above the controlled price declared by the government.

By Prabhat Patnaik After Sri Lanka and Pakistan, Bangladesh has become the third country in our neighbourhood to become afflicted by a serious economic crisis. It has asked for a $4.5 billion loan from the IMF, apart from $1 billion from the World Bank and $2.5-3 billion from multilateral agencies and donor nations. Though the […]

Thursday 22nd June, 2023 The Rajapaksa-Wickremesinghe government is in overdrive, trying to regulate the electronic media purportedly to safeguard the interests of the public. It is going hell for leather to set up a broadcasting regulatory authority as if the very survival of the country hinged on its ability to control the media! This, it […]

Minister of Power and Energy Kanchana Wjiesekera has assured that there is no shortage of petroleum products at filling stations.

Beijing [China], June 10 (ANI): China’s local governments are finding it difficult to service debt raised via municipal and Local Government Financing Vehicles (LGFVs) bonds, as their fiscal position has become tight due to the slowing economic growth and fall in revenue receipts amid a downturn in the property market. According to S&P Global Ratings […]

The federal budget for Fiscal Year 2023-24, presented by Pakistan Finance Minister Ishaq Dar on Friday, came as a huge disappointment for homemakers as it offered no respite from surging household expenses, The News International reported. Reeling under an economic crisis of the kind seldom experienced in the country’s history, women in Pakistan are finding […]

A highly appreciative skill of the Pakistani administration is their extensive theatricals which can deceive the most intelligent of men. Lengthy speeches in the parliament are converted into minutes packed with wise counsel. After collecting enough praises and spewing venom on the opposition, they end up ultimately doing what they would do anyway — putting […]

The Surgical Gauze Manufacturers Association (SGMA) on Thursday alleged that the government was importing surgical gauze although Sri Lankan manufacturers were capable of meeting the entire demand. Sri Lankan manufacturers had been supplying gauze to the medical supplies division of the Health Ministry for 52 years, the SGMA said. The Health Ministry now claimed that […]

by Y P Prakash China’s pandemic-battered economy has started firing. However, since several local governments are saddled with trillions of dollar worth of debt and unemployment rate among youth has jumped nearly four times the national level, there is fear President Xi Jinping’s aim to double income of Chinese nationals by 2035 will never materialise. […]

By Chani Imbulgoda “We suffer today, because leaders in the past have failed to govern this country properly”. Oh, the predecessor has not done things well, they all have let the place go haywire”. Familiar excuses… When one takes over the leadership be it the country, be it an organisation, or be it a new […]

Saturday 3rd June, 2023 Long lines of vehicles were seen near filling stations yesterday as well, and it may be a couple of days before the situation is brought under control. Minister of Power and Energy Kanchana Wijesekera has threatened tough action against the fuel stations that did not maintain adequate stocks due to speculation […]

State Finance Minister Ranjith Siyambalapitiya yesterday announced the easing of import restrictions on approximately 300 to 400 items from next week.This decision is a direct result of the improved availability of US dollars, he said. During a media conference, in Ruwanwella, Minister Siyambalapitiya explained that the initial import restrictions were imposed due to the shortage […]