Mr Nandana Galaboda, District Registrar of Nuwara Eliya, said that the lorries that transport vegetables daily from the Nuwara Eliya Economic Center to the Colombo Menin Market and other provinces’ economic centres have started issuing diesel fuel from the Sri… Read More
The world-famous Bloomberg magazine states that Sri Lanka has reached the zone of hyperinflation. They point out that this situation has arisen after inflation exceeded 54% last June. They also point out that Sri Lanka has entered this situation by… Read More
Economic analyst Mr Dhananath Fernando states that if the inflation rate rises to 60%-70%, the country’s currency will lose its value. He says that a system should be prepared to get money to the people with economic difficulties while controlling… Read More
Japanese Ambassador Hideaki Mizukoshi says that he will continue to support the program with the International Monetary Fund and strengthen bilateral relations for Sri Lanka’s development activities. The Ambassador mentioned this in the meeting held with President Gotabaya Rajapaksa at… Read More
American Ambassador Julie Chung says that the USA will be supported to find solutions to the economic problem. This was mentioned in the meeting held between Ms Julie Chang and the President on the afternoon of the 30th at Fort… Read More
Mizukoshi Hideaki, the Japanese ambassador in Colombo, has stated that Sri Lanka will not be aided at this time. He mentioned this in a discussion with the Tamil National Alliance yesterday. The Japanese ambassador has also mentioned that if financial… Read More
Australia won by 10 wickets in the first Test cricket match held at the Galle International Cricket Stadium between the touring Australia team and the Sri Lankan team. Sri Lanka scored 212 runs in their first innings and Australia, who… Read More
President Gotabaya Rajapaksa has sent a letter to Russian President Vladimir Putin asking for Sri Lanka’s support in purchasing fuel from Russia, the media reports citing sources in the presidential office. The report also states that the president hopes to… Read More
Measures have been taken to increase bus fares with effect from yesterday midnight. Accordingly, bus fares will be increased by 22% and the minimum bus fare will be increased to 40 rupees. This has been approved by the National Transport… Read More
US Ambassador Colombo Julie Chung stated that the United States assists only partners with globally recognized monitoring and assessment standards. She added that oversight and transparency were essential in the implementation of the aid program. She added that this would… Read More
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