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CPC slashes fuel prices slightly still maintaining inflated price

Realizing the reality of accepting the pump up of fuel price to a new high in an irregular fuel pricing formula ,the Ceylon Petroleum Corporation (CPC) has slashed fuel prices with effect fro10 am yesterday although it was a very nominal reduction compared to current inflated price,

Dealers with links to black market dollar trade enter commodity imports

Several dealers with links to black market dollar trading registered with the Trade Ministry under the US$ 1 billion Indian credit line are now active in the import of essential commodities taking advantage of easing restrictions on open account transactions, a Pettah Traders Association’s high ranking member alleged.

UN urges to ensure peaceful and constitutional transfer of power in Sri lanka

The head of the UN Country Team in Sri Lanka has urged senior politicians to ensure a peaceful transfer of power in line with the national Constitution, following weeks of protests that finally saw the resignation of President Gotabaya Rajapaksa on Thursday.

Ukraine blames Russia for Ongoing Crisis in Sri Lanka

Ukrainian President Volodymyr Zelensky blamed Russia for causing unrest in Sri Lanka as well as around the world due to the blocking of food products during the invasion of Ukraine.

The Observer view on the upheaval in Sri Lanka

Sri Lankans are to be congratulated on their ousting of the Rajapaksa family, crowned by last week’s hasty flight into exile of the country’s president, Gotabaya Rajapaksa.

Breaking

X-Press Pearl Disaster: Law, Risk and the Limits of Accountability

X-Press Pearl Disaster: Law, Risk and the Limits of Accountability

Colombo Council Budget Defeat Won’t Topple Administration, Experts Say

Colombo Council Budget Defeat Won’t Topple Administration, Experts Say

Sri Lanka Launches Major Funding Initiative to Turn Research into Market-Ready Innovations

Sri Lanka Launches Major Funding Initiative to Turn Research into Market-Ready Innovations

Sri Lanka to Expand Sanitary Napkin Programme for Schoolgirls Nationwide

Sri Lanka to Expand Sanitary Napkin Programme for Schoolgirls Nationwide
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