- Last Update 2024-09-01 16:42:00
Russia pushing for Lanka to buy OPV?
Is Russia still trying to persuade Sri Lanka to buy the Gephard Offshore Patrol Vessel (OPV)? The Defence Ministry recently chose to buy Mi-17 helicopters in place of the OPV but a diplomatic source said yesterday that Moscow was still keen to ask Sri Lanka to conclude the controversial deal. This is on the basis that an assurance has been given to Russia to utilise a part of a re-validated credit line.
A private jet bringing a top level delegation led by Niki Alexandrova, head of Rosboronoexport, the state trading arm, is due in Colombo on July 29. According to diplomatic sources, the team is expected to discuss the OPV deal amongst others. Since Sri Lanka is buying 33 units of Russian-built armoured personnel carriers (BTRs), the head of marketing will also arrive with the team.
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- August 27, 2024 - 157 - 0
CBSL Governor warns reversal of reforms could trigger new crisis
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
- August 28, 2024 - 149 - 0
President opens Sri Lanka’s first LNG power plant
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
- August 31, 2024 - 146 - 0
CPC reduces fuel prices
The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
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