Anil Ranjith, President of the Electrical Engineers’ Association, said that in the future, power generation at hydropower plants will have to be cut for 10 to 15 hours a day if they are not operated without proper management during a… Read More
Economic Crisis in Sri Lanka -Foreign Airlines decides to suspend or reduce arrivals to Sri Lanka.
The focus is on reducing or suspending foreign flights to Sri Lanka. The reason for this is that Sri Lanka has instructed flights arriving in Sri Lanka to refuel their return flights. However, foreign airlines have been focusing on reducing… Read More
Economic Crisis Sri Lanka -Central Bank calls for massive bond auction
The Bank of Ceylon today called for a high value bond auction. Applications have been called for a massive Rs. 150 billion bond issue today. The announcement is as follows.
Cabinet approves sale of Cipetco to IOC and others
Energy Minister Kanchana Wijesekera stated on Twitter today morning (28) to announce that the Cabinet had approved the sale of Ceylon Petroleum Corporation’s Cipetco outlets to Indian Oil and other companies. The message he issued notes these two points. 1)… Read More
Russian attack on a Ukrainian shopping mall where more than 1,000 people were staying
Russian missile strikes a busy shopping centre in the town of Kremenchuk in Ukraine’s Poltava region. President Selensky estimates that 1,000 people were inside the mall at the time of the attack. The death toll has not yet been confirmed… Read More
Economic Crisis in Sri Lanka -Fuel tokens are worthless – Ministers go around the world looking for oil loans
Tokens issued to people waiting in line for fuel have been revoked. That is with the government’s decision not to release fuel to the general public until the 10th. Tokens were issued at several petrol stations yesterday stating that fuel… Read More
Economic Crisis in Sri Lanka- Only essential services operate until July 10
The Cabinet has decided to activate only essential services in the country from midnight today. Only essential services such as health, airports, electricity, and essential food distribution are provides fuel. The government has also decided not to refuel any private… Read More
Fuel supply to private vehicles stopped
The government has decided to suspend fuel supply to private vehicles from yesterday until the 10th of next month. Accordingly, fuel will be released only during that period for essential services. Cabinet Spokesman Bandula Gunawardena stated that no fuel will… Read More
Economic Crisis in Sri Lanka -The government suspended the conducting of urban schools for the week beginning from today
According to an official statement the government has released an announcement made on Saturday that due to a fuel crisis, it has decided to suspend the conducting of urban schools for the week beginning on the 27th.
Abu Dhabi National Oil Company (ADNOC) is preparing to launch operations in Sri Lanka?
Energy Minister Kanchana Wijesekera said that a cabinet paper will be presented to the Cabinet to hand over 1690 filling stations owned by the Ceylon Petroleum Corporation to qualified foreign companies today. The Minister said that this cabinet paper has… Read More