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America only assist partners with globally recognized monitoring and assessment standard -US Ambassador Colombo

July 1, 2022July 1, 2022 Sri Maal Samaraweera

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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Fuel Crisis in Sri Lanka- People hanged a vehicle trying to steal fuel

July 1, 2022July 1, 2022 Sri Maal Samaraweera

This is reported from the highway in the Obeysekarapura area. A three-wheeler hanging from a light pole is a punishment. Those who were punished were hanged with a board and some cans for that reason. The board states, ‘ Three-wheeler… Read More

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Economic Crisis in Sri Lanka-Oil tanker will not arrive until July 22 – Sagala Ratnayake

July 1, 2022July 1, 2022 Sri Maal Samaraweera

In a discussion with newspaper editors at the Prime Minister’s office in Colombo, the Prime Minister’s Advisor Mr. Sagala Ratnayake said that the oil corporation will not be able to find a petrol ship until July 22. However, he said… Read More

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Sri Lanka’s surface inflation rose to 54.6% in June 2022

July 1, 2022July 1, 2022 Sri Maal Samaraweera

Sri Lanka’s surface inflation rose to 54.6% in June 2022. Food inflation rose to 80.1% from 57.4%. Transport inflation is 128%. This is according to the May Overview released by the National Consumer Price Index. Visits: 16

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Economic Crisis in Sri Lanka – Sri Lanka will have to conduct a 10- 15 hour power cut

June 30, 2022June 30, 2022 Sri Maal Samaraweera

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

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Economic Crisis in Sri Lanka -Foreign Airlines decides to suspend or reduce arrivals to Sri Lanka.

June 30, 2022June 30, 2022 Sri Maal Samaraweera

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

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Economic Crisis Sri Lanka -Central Bank calls for massive bond auction

June 28, 2022June 28, 2022 Sri Maal Samaraweera

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. Visits: 28

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Cabinet approves sale of Cipetco to IOC and others

June 28, 2022June 28, 2022 Sri Maal Samaraweera

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

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Economic Crisis in Sri Lanka -Fuel tokens are worthless – Ministers go around the world looking for oil loans

June 28, 2022June 28, 2022 Sri Maal Samaraweera

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

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Economic Crisis in Sri Lanka- Only essential services operate until July 10

June 28, 2022June 28, 2022 Sri Maal Samaraweera

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

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