International Energy Agency sets out 10-point plan to reduce global oil demand

Driving more slowly, turning down the air-conditioning, car-free Sundays and working from home should be adopted as emergency measures to reduce the global demand for oil, according to a 10-point plan from the International Energy Agency (IEA).

Such measures and changes to consumer behaviour would allow the world to cut its oil usage by 2.7m...

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Litro says no LP gas shortage in the coming days

Despite initial supply issues, Litro Gas Lanka Limited sought to ease worries of a gas shortage, announcing that it will be able to issue uninterrupted gas supplies to the market in the future.

The company stated that it will be able to issue 100,000 gas cylinders to the market daily in the coming days and prevent any shortages.

This is because the...

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Foreign Secretary discusses areas of cooperation with new U.S. envoy

The newly appointed Ambassador of the United States to Sri Lanka Julie Chung called on Foreign Secretary Admiral Prof.  Jayanath Colombage recently at the Ministry of Foreign Affairs, Colombo.

Secretary Colombage congratulated Ambassador Chung on the presentation of credentials and stated that he looks forward to working closely with Ambassador...

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CBSL halts proposed additional incentive scheme for expat remittances and exporters

The Central Bank of Sri Lanka (CBSL) says the government has decided not to implement the proposed scheme for additional incentives for remittances by expatriate workers and net earnings of exporters.

In a statement, the CBSL says the exchange rate seems to have now reached a level surpassing the level of incentives that was intended to stimulate...

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Covid- Four more deaths, 238 new cases added to total count

The Health Ministry says that another 238 persons have tested positive for Covid-19 today, as the daily count of new cases continues to rise in the country.

This brings the tally of Covid-19 cases registered in the country thus far to 657,791. 

According to official figures, 624,592 positive cases have recovered.

Following the new development, the...

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Wimal, Gammanpila and Vasudeva to boycott All Party Conference

Former Ministers Wimal Weerawansa and Udaya Gammanpila, and Minister Vasudeva Nanayakkara have decided to boycott the All Party Conference scheduled for next week.

Speaking to Ada Derana, Pivithuru Hela Urumaya (PHU) chairman said they would they plan to issue a statement in this regard on Monday (March 21).

The All Party Conference is scheduled to...

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