Minneriya, resulting in a derailment. Two other elephants sustained injuries and are currently undergoing treatment.
⭕ This area is known as an elephant crossing ⚠️, and there are warning signs everywhere. What was the speed of the train, and was the driver intoxicated? These...
⭕ Since this is a BOI project, according to the agreement with Adani, the 0.0826 US cents/kWh rate is tax-free.
⭕ Power costs are decreasing, not increasing. PPA rates were around 0.10 cents/kWh a few years ago, but in recent years they have dropped to around 0.04 cents/kWh.
https://t.co/SeO5MAEvgg
https://t.co/5fSXwaNrpl
⭕ At today’s exchange rate, 0.0826 US cents/kWh is about Rs. 25/kWh. As the exchange rate...
⭕ Even with Norochcholai offline, the CEB is well within its capacity to provide 24/7 power but chooses blackouts over costly thermal plants.
State monopoly = No accountability to consumers
⭕ The fault is theirs—yet the government chooses to leave people in the dark to save money. Would a private entity get away with this?
#SriLanka #PowerCut #CEB
📅 1982: 4.44 tons/ha (66 bushels/acre) 📅 2023: 4.22 tons/ha (62.75 bushels/acre)
💡 in last 40+ years, Yield haven't changed.
Meanwhile:
• 🇦🇺 Australia: 10.0 tons/ha
• 🇪🇬 Egypt: 9.0 tons/ha
• 🇺🇸 USA: 8.0 tons/ha
• 🇨🇳 China: 7.15 tons/ha S
Sri Lanka has a dedicated Rice Research and Development Institute (RRDI). Wondering, What has it achieved in 40+ years? 🤔
#SriLanka #Rice (1 ton/hectare = 14.87...
⭕ Sri Lanka 🇱🇰 has welcomed over 200,000 tourists during the first 26 days of this year, surpassing the total arrivals recorded in January last year.
⭕ The country has seen 212,838 tourist arrivals until January 26, 2025, with India 🇮🇳 and Russia 🇷🇺 remaining in the top two spots of the global tourist arrivals.
⭕ The highest number of tourist arrivals was recorded during the second week of January,...
⭕ Sri Lanka 🇱🇰 private credit expanded by 789.6 billion rupees in 2024, compared to a 47.7 billion rupee contraction in 2023.
⭕ Out of the 789 billion rupees of annual private credit, 583 billion rupees came in the last five months of the year.
⭕ In December, private credit was 193 billion rupees, up from 71 billion rupees in October and 19 billion rupees in November.
⭕ The cost of an investment in Sri Lanka...
1. Spending Priorities Hit the Mark
⭕️ The government has allocated funds strategically, focusing on trade, modernization, digitalization, and research – critical drivers for a post-crisis economy...
⭕ The government has set a minimum certified purchase price for paddy (Nadu) at LKR 120, up from LKR 105 in 2024—a 14% increase 📈
⭕ Meanwhile, diesel prices have dropped 20% (LKR 358 → LKR 286),...
⭕ Adani Group withdraws from a 484MW wind power project in Sri Lanka after the new govt sought to renegotiate a lower tariff.
⭕ Investment plan: $442M for wind farms in Mannar & Pooneryn.
⭕ The...
Another nationwide power outage, this time blamed on a monkey at the Panadura substation, per Power Minister Kumara Jayakodi. But the Ministry of Power calls it only an “emergency,” not confirming...
⭕ On a normal day last year, Sri Lanka only received around 1000 import containers. However, at the end of the year and into this January, due to rice imports, seasonal demand, normalization after...
First look at the latest vehicle import gazettes & tax rates:
⭕ Only RMV-registered importers can import. No personal imports.
⭕ No tax concession permit imports.
⭕ Luxury tax threshold increased...
⭕ The new government has revoked the previous cabinet’s $0.0826/kWh wind power agreement with @AdaniOnline, aiming for below $0.06/kWh.
⭕ Cabinet spokesman @NalindaJay confirms fresh negotiations...
Key details from Gazette No. 2421-04 (Jan 27, 2025):
⭕ Permitted vehicles: Small vehicles under 1000cc, cabs, 10+ seat transport vehicles, dumpers, milk tankers (≤5 years old), and auto trishaws...
⭕ Scored 1451 runs across formats in 2024, averaging 50+.
⭕ 1049 Test runs in 9 matches, averaging 74.92—the highest among 1,000+ run-scorers.
⭕ 5 centuries and 3 fifties in Tests.
⭕ Kamindu...
⭕ In the 20th century, government service in Sri Lanka was one of the most prestigious jobs in the country. It was small, lucrative, and effective. However, in recent decades, politicians have...
⭕ A medicine previously sold for Rs. 76,000 is now being recommended to be sold for Rs. 370, according to Chairman of the National Medicine Regulatory Authority (NMRA) Dr. Ananda Wijewickrama Sri...