Notable
The report did not give the reason for the steep rise in costs
The breakwater expansion study has already begun
Realizing these benefits demands collaborative efforts to foster sustainable practices
Colombo's monopoly as a transshipment port in South Asia was broken with India's Vizhinjam Seaport
A former Chairman of Sri Lanka Ports Authority
Logistics delegation from HDG to be in Sri Lanka from Dec 20-24
Expects to transship more than 500,000 new vehicles this year
A cement raw material warehouse also to come on stream
WCT was given after former Sri Lankan PM Mahinda Rajapaksa unilaterally cancelled ECT deal
Hawala/Undiyal transactions amid Sri Lanka's forex shortage forced central bank to ban open accounts
The fees may be revised every six months based on Sri Lanka's inflation index
The clearing of the containers will reduce congestion in the container yards at Colombo Port.
Port activity is increasing
MSC to sail 15 away from usual route
Imports and transshipment both down
Has 32,000MT of fuel
| Latest | Last | |
|---|---|---|
| US Dollar | 331.7485 | 330.8514 |
| UK Pound | 443.7468 | 438.3450 |
| Euro | 372.5204 | 371.0168 |
| Yen | 2.0969 | 2.0916 |
| Aus Dollar | 233.0533 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.4948 | 3.4202 |
| Korean Won | 0.2499 | 0.2479 |
| Oman Rial | 861.6397 | 859.3320 |
| Saudi Riyal | 88.4403 | 88.0955 |
| UAE Dirham | 90.3209 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 5,656.91 | -0.43% |
| CSE All Share | 19,927.30 | -0.28% |
| Turnover Rs | 1457.79 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
HIP to almost double productivity levels, with the new cranes
In the next 2 to 5 years the two terminals will add 7 million TEUS in capacity
LOLC has foreign operations and the Sri Lanka rupee fell steeply in March
Ceylon Association of Shipping Agents (CASA) has gifted 100 bicycles to the port
Normal and expected levels in the Port of Colombo, despite the economic and political crisis
Sought information relating to port activity and the economy of the southern part of Sri Lanka
USA, Maldives, France, Germany, Kenya, Republic of Korea, Mexico, Netherlands, Poland and Switzerland
The USD 1 billion credit line is expected to be signed during Rahjapaksa's visit, which was postponed twice.
"We can’t even be sure of the exact number of requested waivers as we have received many in a short period.’’
.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/20) and Privacy Policy and Cookie Statement (updated 1/1/20). Your California Privacy Rights. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Condé Nast. Ad Choices.
Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
© 2023 Echelon Media (PVT) Ltd. All Rights Reserved
2 min read