The fuel price had to be increased again due to the exchange crisis but efforts are being made to control the supply of fuel through the move, said the Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal. Such a move the outflow of foreign exchange will be controlled to some extent, he noted. The CBSL Governor also added that subsidies cannot be provided for fuel due to the exchange crisis and point out that despite allegations that fuel prices have been soared…

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How would a professional well respected at home feel in such a hostile environment? Material benefits alone without job satisfaction cannot make a professional happy and content. I know many of my medical colleagues working abroad are eagerly waiting to return home at the earliest opportunity, if the situation here is conducive. By Dr. Sarath Gamini De Silva (Motivational Speech Delivered at the Convocation of the Law Graduates of the University of Colombo on 19th December, 2021 at the BMICH.) I wholeheartedly congratulate the new graduates for completing your tertiary…

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The World Health Organization issued an emergency use listing (EUL) for Nuvaxovid, following its assessment and approval by the European Medicines Agency (EMA) earlier today. The new vaccine was developed by Novavax and the Coalition for Epidemic Preparedness Innovations (CEPI), and is the originator product for the Covovax vaccine that received WHO emergency use listing on 17 December. Both vaccines are made using the same technologies. They require two doses and are stable at 2 to 8 °C refrigerated temperatures. On December 17, WHO approved the emergency use of the…

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Reverend Father Cyril Gamini speaking to the briefing held in the House of the Archbishop today (21) questioned whether the truth behind the Easter Sunday Carnage is still being concealed after 32 months of its happening due to the alleged involvement of the President and the current government. Pointing out that what can be seen is an act of covering the truth up, Fr. Gamini added that it would be a question as to why there are no attempts being made to uncover the truth,…

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How would a professional well respected at home feel in such a hostile environment? Material benefits alone without job satisfaction cannot make a professional happy and content. I know many of my medical colleagues working abroad are eagerly waiting to return home at the earliest opportunity, if the situation here is conducive. By Dr. Sarath Gamini De Silva (Motivational Speech Delivered at the Convocation of the Law Graduates of the University of Colombo on 19th December, 2021 at the BMICH.) I wholeheartedly congratulate the new graduates for completing your tertiary…

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The root cause for the recent domestic liquefied petroleum gas (LPG) cylinder-related incidents in the country was a result of the change in the composition, the presidential committee appointed on the matter says. Chairman of the committee, Prof. Shantha Walpolage of the University of Moratuwa revealed this in a press conference held today. Thank you

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The fuel price had to be increased in response to the prevailing foreign reserve crisis, said Cabinet Spokesman and Mass Media Minister Dullas Alahapperuma, speaking to the briefing held today (21). The increase in fuel prices will have an impact of 03 per cent on the country’s inflation, the Minister added. An amount of US$350 – 400 million has to be spent every month on fuel imports leading to the rapid depletion of the country’s foreign reserves, Alahapperuma pointed out, adding that the need for…

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UNP Deputy Leader Ruwan Wijewardene on Friday said that the Vistas of Prosperity and Splendour programme of the government had inflicted catastrophic changes, including the consumer culture of people during the past two years. Now they buy a pod of beans at Rs 15, a carrot at Rs 25, and a single kos madula (jak fruit bulb) at Rs 10. No longer can they afford to purchase vegetables in 250gram quantities as they used to. It is the Vistas of Prosperity programme that introduced this change. They have simply been…

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The standard prices will not be stipulated for bakery products including bread from midnight today (December 21), says the Bakery Owners Association. Thank you

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Sri Lanka’s ongoing Asian Development Bank (ADB)-funded Health Sector Enhancement Project (HSEP) progress has been slowed down by improper prioritisation of procurement, underutilisation of allocated funds and accountability issues, according to the Quarterly Progress Report submitted by the Health Ministry to the Finance Ministry. The outcome and the status of the US$ 60 million (Rs.12 billion) HSEP has been indicated in the Quarterly Progress Report for the Quarter – 1st of July to 30th September 2021. This amount comprising $37.5 million in concessionary loans, $12.5…

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  by Roscoe Thattil Jaffna Kings have been the most consistent team throughout the LPL 2021but they found themselves wanting in the first qualifier when they were comprehensively beaten by the Galle Gladiators in Hamabantota. However, they will get a second chance to reach the final due to their consistency throughout the league phase as they meet Dambulla Giants in the second qualifier in Hambantota today(21). The Giants played their perfect game in the eliminator against the Colombo Stars on Sunday as their bowlers were impressive once again in restricting…

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A few showers are expected in the Eastern, North-Central and Uva provinces and in Matale District today (Dec. 21), says the Department of Meteorology. MORE.. Thank you

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Crude oil prices have fallen in the world market due to the spread of the Omicron Covid variant. Accordingly, the price of a barrel of Brent crude oil at the end of yesterday was 71.52 US dollars, which is a decrease of 2.72%. The price of a barrel of American WTI crude oil was $ 68.23, and it showed a decrease of 3.71%. However, fuel prices in Sri Lanka were increased from midnight yesterday (20).   Thank you

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