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Ceypetco and Lanka IOC fuel prices increased
The Ceylon Petroleum Corporation (CEYPETCO) has increased its retail fuel prices with effect from midnight (Oct. 01).
Accordingly, the price of 92 Octane Petrol is to increase by Rs. 04 per litre, while the price of 95 Octane Petrol…
Six elephants killed in two separate train collisions
Six wild elephants were killed after colliding with trains in two separate incidents along the Batticaloa line at around midnight yesterday (27).
Police stated that four elephants had died after colliding with the night mail train plying…
SriLankan Airlines partners with Virgin Australia
SriLankan Airlines has entered into a first-ever interline partnership with Virgin Australia that will strengthen the airline’s network in Australia and offer customers extensive connections across the land down under and beyond.
The new…
President Ranil leaves for Germany to attend Berlin Global Dialogue
President Ranil Wickremesinghe has left the island early this morning (Sep 27) for Germany to attend the Berlin Global Dialogue which is scheduled to be held on September 28 and 29, 2023 in Berlin.
The Berlin Global Dialogue is an…
Sri Lanka’s revenue shortfall concerns IMF team: Reports
The International Monetary Fund is concerned about a shortfall in revenue collection by Sri Lanka’s government this year, though that is unlikely to derail a $2.9 billion loan programme for the crisis-hit country, two Sri Lankan sources…
Cabinet nod to obtain special loan facility from ADB
The Cabinet of Ministers has granted approval to enter into a loan agreement with the Asian Development Bank (ADB) to obtain USD 200 million, subject to an annual interest rate of 2% with a repaying period of 25 years inclusive of a grace…
2024 Budget proposal to be presented to Parliament in November
Budget proposals for the year 2024 are due to be presented before the Parliament on 13 November by President Ranil Wickremesinghe, in his capacity as the Minister of Finance, Economic Stabilisation and National Policies.
Accordingly, the…
Sri Lanka to establish National Debt Management Institute
The Cabinet of Ministers has granted approval to draft the bill of the State Loan Management Act, for the establishment of the National Debt Management Institute.
In the supplementary budget of 2022, it was emphasized the importance of…
Minor tremor reported in Buttala
A minor tremor with a magnitude of 2.4 in the Richter Scale has been reported in the Buttala area.
According to the Geological Survey and Mines Bureau, the minor tremor had been recorded at around 11.20 p.m. yesterday (25).
All four…
‘X-Press Pearl’ insurers make interim payment to Sri Lanka
The insurers of the ‘X-Press Pearl’ ship, which sank off the western coast of Sri Lanka after being gutted in a massive fire two years ago, have made an interim payment to the Sri Lankan Government in order to cover the cost incurred by the…