Hambantota Port urges importers to clear vehicles without delay

Apr 25, 2020 (LBO) – Hambantota International Port (HIP) is ready to move over five thousand vehicles out of the port in the next few days, following a directive by the government that the port should remain clear for essential services. Full statement HIP had previously informed all stakeholders, in their letter, that demurrage costs […]

Sri Lanka missions abroad seek to re-position exports to meet new market conditions

Foreign Secretary Ravinatha Aryasinha has observed that even as the Foreign Ministry was preoccupied with endeavouring to mitigate a multitude of problems faced by Overseas Sri Lankans, it was in parallel also seeking to re-position Sri Lanka’s exports in the context of market conditions that have arisen as a result of the COVID-19 crisis. He […]

VIDEO: Discussion on impact of COVID-19 on Sri Lankan export industry

The Advocata Institute hosted an online discussion featuring Ashroff Omar (CEO, Brandix), Dilhan Fernando (CEO, Dilmah Tea), Romesh David (CEO, SAGT) and Prabhash Subasinghe (Chairman, Sri Lanka Export Development Board), moderated by Murtaza Jafferjee (CEO, JB Securities). The discussion covered the current challenges faced by Sri Lankan businesses and route to recovery, with a special […]

How to manage public transport in post-COVID: Recommendations by CCC

Apr 17, 2020 (LBO) – The Ceylon Chamber of Commerce has formulated and submitted a proposal to the government on how to manage passenger transport safely as the government considers exit strategies from the current curfew status. The working paper was formulated by the Sub Committee on Passenger Transport of the National Agenda Committee (NAC) […]

First bunkering ship discharges low sulphur fuel at Hambantota Intl. Port

Apr 08, 2020 (LBO) – Bunkering vessel Mt. Melody docked at the Hambantota International Port (HIP) last week to discharge approximately 25,000 MT of oil into the port’s newly furbished tanks. With the first shipment of Very Low Sulphur Fuel Oil (VLSFO) 380 CST in their tanks, HIP will soon begin bunkering for ships that […]

We have underutilised capacity that can be deployed at any time: PickMe CEO

Apr 02, 2020 (LBO) – With a fleet of 40,000 vehicles ready to be utilized for the delivery of essentials to Sri Lanka, PickMe says they have under utilized capacity that can be deployed at any time at short notice. “Currently, we have the full strength of cars, three-wheelers, and motorcycles spread across the country […]

Ships at Sri Lankan Ports exempted from demurrage & entry charges

Mar 27, 2020 (LBO) – President Gotabaya Rajapaksa has instructed the Sri Lanka Ports Authority (SLPA) to immediately provide necessary facilities to ships calling at Ports in the country during the curfew period. Accordingly, the Chairman of SLPA General Daya Rathnayake said all ships have been exempted from demurrage and entry charges. The President had […]

Women in the workforce and why it matters for Sri Lanka: World Bank

To mark this year’s International Women’s day, we’re discussing how Sri Lanka can benefit from more women joining the workforce and what can be done to improve their job prospects and remain at work. World Bank Country Director for Maldives, Nepal and Sri Lanka Dr. Idah Pswarayi-Riddihough was featured in a “Spotlight Series” interview with […]

COVID-19 outbreak likely to affect Sri Lanka’s economic performance : Central Bank

Mar 05, 2020 (LBO) – The exact impact on the Sri Lankan Economy would depend on the extent of the global spread of the COVID-19 outbreak, its persistence and policy responses of major economies and trading partners, the Central Bank said. “Sri Lanka’s economic links with China could be directly affected as significant volumes of […]

‘s oil spill combat expertise

An expert team of five Japan Coast Guard (JCG) officials including two National Strike Team members specialized for combatting oil spill incidents and two Mobile Cooperation Team members specialized for the capacity development in Japan was dispatched to Sri Lanka for the period from 18 February to 27 February to conduct technical transfers to Sri […]

Uber announces new safety features for Sri Lanka

Feb 28, 2020 (LBO) – Uber announced the introduction of several new safety features such as an Uber Safety Helpline, RideCheck – a feature that detects trip irregularities – and Pin Verification to keep its community of riders and drivers safer. The new features, which will be available in a few weeks, underscore Uber’s continued […]

SLTB deploys 16 luxury buses to operate Hambantota – Colombo expressway

Feb 25, 2020 (LBO) – Sri Lanka Transport Board (SLTB) has deployed 16 luxury buses to operate along the Hambantota – Colombo expressway. The deployment of buses took place this morning at the Hambantota bus stand with the participation of the Transport Minister Mahinda Amaraweera. These buses are to be operated on the expressway from […]

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