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Sri Lanka’s tentative recovery from its worst economic crisis could be stalled by presidential elections due later this year, the island nation’s central bank chief warned on Tuesday. Months-long shortages of food, fuel and medicines culminated in Sri Lanka defaulting on its foreign debt in 2022
Following an accident involving a bowser transporting fuel in the Guruluwela area of Laggala, Matale on Sunday (05) the Sri Lanka Coast Guard was called in to remove nearly 2000 liters of fuel that had leaked into the water of Ravanagama Lake. A specialized team, comprising 03 officers and 10
The Chairman of the National Transport Commission (NTC) Shashi Welgama says that there will be no revision of bus fares despite the recent reduction of fuel prices.
Sri Lankan President Ranil Wickremesinghe urged political parties to collaborate with the government in safeguarding the country’s economic stability by ensuring the success of the agreement with the International Monetary Fund (IMF).The post Sri Lanka President urges unity to safeguard economic stability amid IMF deal appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka...
[…]The post Are We Bold Enough For A Radical Change? appeared first on Colombo Telegraph.
The Ceylon Petroleum Corporation (Ceypetco) announced a fuel price reduction, including the price of the widely used 92 Octane petrol. However, 92 Octane petrol was reduced by just Rs. 3 per litre while 95 Octane petrol was reduced by Rs. 20. The price of the widely used 92 Octane petrol
Fuel prices in Sri Lanka have been revised with effect from May 1, 2024.The post Sri Lanka revises fuel prices from May 1, 2024 appeared first on Sri Lanka News | Breaking News & Top Stories in Sri Lanka | ONLANKA.
The Ceylon Petroleum Corporation (Ceypetco) has reduced its fuel prices to be in effect from midnight today (30).
Janashakthi Group (JXG), the title sponsor of the “Battle of the Golden Blues,” proudly announces the conclusion of the first-ever big match between St. Joseph Vaz College, Wennappuwa and St. Anthony’s College, Wattala. Held on April 26th and 27th 2024 at the P. Saravanamuttu International Cricket Stadium, the match concluded with a gripping draw, showcasing […]
The Island recently carried a photo of how people were travelling to work in an overcrowded train after celebrating the New Year. People travel in trains clinging on to doors and windows, standing in between carriages and sitting on the roofs of congested trains. Then on the same page there was a report about MPs […]
[…]The post Debate Between Presidential Candidates First: A Point Of View appeared first on Colombo Telegraph.
Saturday 27th April, 2024 The latest anti-war movement is gathering momentum in the US, with thousands of youthful protesters taking to the streets and facing brutal suppression in many cities across the country. The Biden administration may not have expected last week’s police crackdown on a peaceful protest at Columbia University against the massacre of […]
The Cabinet of Ministers has approved the proposal presented by the Minister of Power and Energy to appoint a committee to study the matter and make recommendations to prepare a necessary legal framework for the purpose.
AirAsia Consulting is planning further engagement with the International Finance Corp (IFC) which is mandated to advise the Sri Lanka Government on the divestiture of SriLankan Airlines Ltd (SAL). The consultancy was responding to news report on AirAsia being among six bidders for Sri Lanka’s state-run carrier SriLankan Airlines since the island nation was looking […]
[…]The post An Oxygen Economy appeared first on Colombo Telegraph.
A man has set himself on fire outside the court in Manhattan where former President Donald Trump’s hush-money trial is being held. After dousing himself in a liquid, he threw pamphlets in the air in front of news media gathered nearby. The man’s motive is unknown and police responded to the scene. Mr Trump was […]
[…]The post Transforming Faces with FaceMod – A Comprehensive Guide and Analysis appeared first on Colombo Telegraph.
The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle, an IMF spokesperson said on Thursday. “We hope an agreement consistent with the parameters of the IMF-supported program and official creditors’ Comparability of Treatme...
According to Reuters, the International Monetary Fund (IMF) has expressed readiness to facilitate Sri Lanka's ongoing negotiations with international bondholders.The post IMF ready to support Sri Lanka’s discussions with bondholders appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
A year after India overtook China to become the world’s most populous country, its rapid upward economic trajectory and increasing diplomatic, scientific and military weight make it an emerging superpower of ever-growing importance to the United States and the world. Indian Prime Minister Narendra Modi addressed Newsweek’s written questions and followed up with a 90-minute […]
WB: Sri Lanka needs ‘robust and credible structural reforms’ Poverty in Sri Lanka has increased over the past four years, from 11 percent in 2019 to 26 percent in 2024, and the country needs ‘robust and credible structural reforms,’ says the latest report released by the World Bank. The WB report, titled ‘Sri Lanka Development […]
Reuters reports that Sri Lanka has turned down a restructuring plan proposed by international bondholders to address its $12 billion debt, thereby endangering crucial International Monetary Fund (IMF) aid and further delaying the resolution of its ongoing two-year debt crisis.The post Sri Lanka debt restructuring stumbles as government rejects bondholders’ proposal appeared first on ONLANKA ...
Sri Lanka has failed to strike an agreement on restructuring about US$12 billion of debt with its bondholders, the Government said on Tuesday (Apr 16). “The steering committee did not agree to extension of restricted discussions,” it said in a regulatory filing. Following talks with bondholders on the sidelines of the International Monetary Fund and […]
860,000. That’s the number of Pakistanis who left their country in 2023, and the trend of departing from Pakistan is likely to continue this year. The number is the highest in almost a decade. The previous year almost 800,000 professionals left Pakistan. The figure was released by Pakistan’s Bureau of Emigration and Overseas Employment (BEOE). […]
Video: CPC assures uninterrupted fuel supply during Avurudu season (English)
The Ceylon Petroleum Corporation (CPC) says it has taken necessary measures to ensure an uninterrupted supply of fuel from Ceypetco filling stations during the Sinhala and Tamil New Year season.
According to Reuters, the world has just witnessed its warmest March on record, concluding a 10-month streak during which each month set a new temperature record, as stated by the European Union's climate change monitoring service on Tuesday.The post World marks new Global Heat record in March – Reuters appeared first on ONLANKA - Sri Lanka Latest Breaking News and Top Stories.
The consumption of fuel in Sri Lanka has dropped by around 50%, according to the Petroleum Dealers Association.
The United Kingdom has relaxed the travel advise on Sri Lanka by amending the warnings related to emergency medical numbers, road travel and safety and security. Meanwhile, the Sri Lanka President’s Office said that due to Sri Lanka’s current economic advancement, the United Kingdom has revised its Travel Advisory for Sri Lanka effective April 5, […]
advisory no longer includes previous concerns regarding shortages of food, fuel, and medicine. The Sri [&#...