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Fuel prices to be increased instead of collecting arrears?

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The trade unions are protesting a move by the Ceylon Petroleum Corporation (CPC) to raise fuel prices without collecting due payments worth Rs.234 billion from public and private sector institutions for supplying fuel from 2020 to June this year.

The highest amount to be obtained is for supplying fuel to the Ceylon Electricity Board (CEB) and private sector power plants for the production of electricity and this amount is Rs.128 billion.

According to a recent report compiled by the CPC, Rs.86 billion is owed from the CEB.

In addition, Rs.101 billion is to be collected from SriLankan Airlines, Sri Lanka Railways, Maganeguma, Western Provincial Road Development Authority, Sri Lanka Transport Board (SLTB) and Litro Company.

Apart from that, the trade unions said the CPC has to recover Rs.3 billion for supplying fuel to the military and the Police Department.

The CPC has to recover Rs.928 million from fuel distributors and others.

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University applications open tomorrow 

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The University Grants Commission (UGC) has announced that online applications for university admissions for the academic year 2023/2024 will open tomorrow (14 June).

Applications will be available from 6 am tomorrow at www.ugc.ac.lk
The application deadline is 5 July 2024. 

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Govt. to privatise SriLankan as part of IMF programme – CEO

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The government, as part of the International Monetary Fund (IMF) program, is looking to privatise several state-owned enterprises and one of those is the flag carrier of the island nation, said SriLankan Airline CEO Richard Nuttall.

Nuttal added that the airline is also looking for an investor. Three candidates have been finalised in April and the government is in talks with them.

Nutall said that no Indian company had shown interest in investing in the airline.

The airline hopes to grow its current fleet of 21 to 22 next month, with plans to obtain another three aircraft within the next three months.

Source: ANI

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University Impact Rankings 2024

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The Times Higher Education (THE) announced the University Impact Rankings for 2024 yesterday (12 June), identifying and celebrating universities that excel across multiple United Nations Sustainable Development Goals (SDGs).

These institutions stand out by demonstrating comprehensive excellence in contributing to global sustainable development. They also showcase their commitment to addressing the world’s most pressing challenges, including environmental sustainability, social inclusion, economic growth and partnerships.

THE evaluated 2,152 universities from 125 countries/regions to produce the overall Impact Ranking for 2024.

Australia’s Western Sydney University tops the list for the third consecutive year. The UK’s University of Manchester and Australia’s University of Tasmania follow in joint second place. Denmark’s Aalborg University is in fourth. Overall, the top 10 includes five countries across three continents.

The top newcomer in 2024 is France’s Institut Agro at joint 21st.

India is the most-represented country in the overall table, with 96 institutions.

Meanwhile, the Rajarata University of Sri Lanka has been ranked in 4th place among the Sri Lankan Universities and ranked between 801-1000 among the world Universities in the Times Higher Education Impact Rankings 2024.

The University scored high marks for Sustainable Development Goal (SDG) number 4: Quality Education. The University joined the ranking in 2023.

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