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Leaving his family and relatives was the hardest decision for Suren. But he had no other option.The post Sri Lankans migrate, work over time, eat less to beat inflation appeared first on EconomyNext.
Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis in decades.The post Sri Lanka approves law to liberalize petroleum imports appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
The move could allow investors to enter into petroleum products
SriLankan pilots are applying for Qatar Airways, Emirates vacancies after tax hike proposal - sources
The foolish decision of the former President to ban the import of inorganic fertilisers, and other agrochemicals, caused the downfall of our agricultural sector. It has negatively affected the food security of the country, resulting in thousands of people, including children, not getting sufficient food for their maintenance. This situation has forced the present government […]
Sri Lanka is facing acute shortage of printing material due to forex shortage to import
[…]The post Need To Address Root Causes To Get Out Of Geneva Spotlight appeared first on Colombo Telegraph.
Sri Lankan President Ranil Wickremesinghe noted that the country needs a national policy that does not change with every government that comes to power and invited everyone to commit to building the country on one national policy without party differences.The post Sri Lanka needs a National Policy – President appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News...
Sri Lankans have lost access to most medicine and medical supplies, setting them on course for a humanitarian disaster, Direct Relief reported. Unlike Russia’s invasion of Ukraine and the recent hurricane batterings of Puerto Rico and Florida, Sri Lanka’s crisis grew slowly and has garnered few international headlines. But Sri Lankans are suffering amid the […]
The Sapugaskanda Oil Refinery will be closed from today (October 07) due to the shortage in foreign exchange for crude oil cargo, announced Sri Lanka's Power and Energy Minister Kanchana Wijesekera.The post Sri Lanka’s Sapugaskanda oil refinery to be closed due to forex shortage appeared
Sri Lanka tourism is yet to see large foreign visitors after political crisis ended.
The minister said enough fuel stock is available with the state-run Ceylon Petroleum Corporation (CPC)
The Minister of Power and Energy Kanchana Wijesekera says that the Sapugaskanda refinery will be closed from today due to the shortage in foreign exchange for crude oil cargos.
CPC trade unions oppose the move citing that the government is privatizing the state-run firm
By DR L M K Tillekeratne Chairman of the National Development Committee of the ACBC It is a well-known fact that one the problems faced by Sri Lanka today is caused mainly by shortage of electricity for domestic purposes and industries. Three decades ago, only 20 % of houses had electricity
Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.The post Sri Lanka Central Bank to hold rates as inflation worries persist appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka - ONLANKA News.
[…]The post Human Rights Compliant Recovery Measures Critical To Stop Spiraling Hunger & Poverty In Sri Lanka: Amnesty International appeared first on Colombo Telegraph.
[…]The post The Paris Club, Dollar Debt Colonialism & Asia’s New “Donors”: Reforming The International Aid Architecture? appeared first on Colombo Telegraph.
[…]The post Child’s Guide To Ranilnomics: Need Is Going For IMF Plus appeared first on Colombo Telegraph.
Sri Lanka is struggling to secure dollar earnings and that has threatened its fuel, gas imports.
Except 2 sessions, the market has witnessed foreign inflows in last 34 straight sessions.
Exporters' main challenge is meeting orders due to fuel and power shortages and policy uncertainties.
Claiming that a recent report indicated that at least 32 Sri Lankan citizens go abroad every hour, Chairman of the National Movement for a Just Society Karu Jayasuriya said it was a sign of a country’s rapid decline.The post Recent report shows 32 Sri Lankans migrate every hour; sign of country’s rapid decline – Karu appeared first on Sri Lanka News - Latest Breaking News in Sri Lanka ...
Hundreds of people have been arrested by authorities as protests against Russia’s new “partial mobilisation” continue across the country, an independent rights group has said. OVD-Info said 724 people were detained across 32 different cities on Saturday. Widespread demonstrations have broken out since President Vladimir Putin announced plans to draft 300,000 men to fight in [R...
Sri Lanka is in the process of boosting its tourism amid forex shortage
Nong Khai [Thailand], September 8 (ANI): The economic situation of Laos continues to worsen as the country is under a severe shortage of foreign reserves and owes a hefty sum of foreign debt to China as the country is suffering from twin deficits, a senior economist at Thailand’s Krungsri Research
The Association of Medical Specialists (AMS) has confirmed that nearly 300 of their members will have to retire from government service on or before 31 December 2022 and their retirement will have an adverse impact on the health sector.AMS President Dr. LakKumar Fernando has, in a letter to Health Minister Keheliya Rambukwella, said the National […]
Crisis-hit Sri Lanka is desperately looking for tourism earning to finance its imports
Wickremesinghe also met King Charles III on Sunday September 18.