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Sunday September 6th, 2026

Sri Lanka COVID vax research: Elderly at risk if second AstraZeneca jab delayed

Speaker Mahinda Yapa Abeywardene gets vaccinated at the Army hospital while Indian High Commissioner Gopal Bagley and Army Commander Gen Shavendra Silva look on

ECONOMYNEXT – Researchers in Sri Lanka have found that antibody levels created by the first dose of the AstraZeneca COVID-19 vaccine drops in elderly people within 16 weeks if the second dose is not taken within that period.

The finding raises concerns about adequate immunity in the elderly among 575,000 Sri Lankans who, after months of waiting, will finally get their second shot of AstraZeneca starting Sunday (02).

Related: Sri Lanka to roll out new AstraZeneca jabs at 20+ vax centres in western province

A paper written by a team led by Prof Neelika Malavige, who heads the Department of Immunology and Molecular Medicine at the University of Sri Jayawardanapura, was published in globally reputed Nature Communications, an online science journal published by Nature Research, a division of international publisher of science magazines Springer Nature.

“What we have looked at are the antibody responses following a single dose of the vaccine,” Malavige told EconomyNext via e-mail.

“What we have found is that, while in younger people antibodies are maintained at a reasonable level even at 16 weeks, it reduces in the elderly. Therefore, it is important to give the second dose at 12 weeks or may be earlier in the elderly. Protection offered by a single dose may wane with time, especially for variants like delta,” she said.

The study was conducted among 655 healthcare workers who got their first dose of AstraZeneca in February and March.

“Basically, in this study, we found that after a single dose of the Covishield (AstraZeneca) vaccine, 93.4% individuals developed antibodies and 97.1% developed neutralizing antibodies (the protective type of antibodies),” Malavige said.

“Antibodies to delta was not measured, as delta was not a problem during the time the study was conducted (in February and March),” she said.

Over 400,000 Sri Lankans received their first AstraZeneca dose in February and more than 450,000 got in March, health ministry data showed. Most of them were over 60 years of age as the government initially focused on the elderly. Some 575,000 who have received first AstraZeneca dose are awaiting their second jab.

Originally, the second dose was scheduled to be administered in 11 weeks, COVID-19 vaccination cards carried by recipients of the first dose showed.

The long delay was due to the government’s failure to secure vaccine consignments after an initial plan to buy 10 million Covishiled doses from India did not pan out in the wake of a devestating second wave across the Palk Strait. A fire at the vaccine manufacturing plant of Serum Institute of India also may have contributed. Many Asian and African countries faced the same scarcity.

Sri Lanka health authorities said it had yet to receive an official copy of the research study yet to decide if it should consider a fresh vaccine rollout for the elderly who were administered AstraZeneca five months ago.

“Even if we get the report, we will have to review it with another medical team and only then we will proceed to take necessary decisions,” Health Services Deputy Director Dr Hemantha Herath told EconomyNext.

Oxford University report

A study conducted by the Oxford University, published on June 28, says “a long interval between first and second AstraZeneca doses does not compromise the immune response”.

In fact, a late second dose in people aged 18-55, and a third dose continue to boost antibodies against coronavirus, the UK-based study found.

“There is an excellent response to a second dose, even after a 10-month delay from the first,” Andrew Pollard, Professor of Pediatric Infection and Immunity and Lead Investigator of the Oxford University trial of the vaccine, said in the Oxford University report.

According to the Oxford report, antibody levels had increased in its study participants after a 45-week delay between the first and second dose.

It suggests that “a longer delay between first and second doses may be beneficial, resulting in an increased antibody titer and enhanced immune response after the second dose.”

Explaining the Oxford Research, Prof Malavagie said: “Delaying the second dose between 15 to 25 weeks resulted in a significantly higher antibody response than when the second shot was given between 8 to 12 weeks. Therefore, it looks [like] it’s better to delay the second shot to 15 to 25 weeks.”

With the delta variant of Indian origin starting to spread in Sri Lanka, health officials have warned of a fourth wave.

The US Center for Disease Control and Prevention (CDC) has described the delta variant of the coronavirus as being as transmissible as chickenpox and cautioned it could cause severe disease, the Washington Post said, citing an internal CDC document.

COVID-19 infections have increased by 80% over the past four weeks in most regions of the world, WHO director-general Tedros Adhanom Ghebreyesus said on Friday (30). Deaths in Africa – where only 1.5% of the population is vaccinated – rose by 80% over the same period.

“The issue is [that] the efficacy (not immunogenicity) of the vaccine, with a single dose, for delta is 30 percent only. Which means 70 percent will develop symptomatic disease with delta (some severe illness and death) with just one dose,” Malavagie said.

“Therefore, given a situation where you have delta, although antibody levels are higher when you delay the second dose to 15 to 25 weeks (five to six months), the majority of vaccine recipients are not protected against delta during this time. This is why in the UK, they have brought forward the second dose to eight weeks, with delta taking off.” (Colombo/Jul31/2021)

Sri Lanka’s Hambantota Port welcomes new gen NYK carrier

ECONOMYNEXT – Sri Lanka’s Hambantota International Port has welcomed NYK’s Azalea Leader, which made its maiden call to the port in August. 

Azalea Leader is a 200-metre long new generation LNG dual-fuel pure car and truck carrier (PCTC). The ship was built in 2026 and sails under  the Liberian flag and is capable of transporting 4,810 vehicles and another 47 units for local discharge. The new gen carrier has a maximum carrying capacity of 7,000 units. 

The ship also has Exhaust Gas Recirculation (EGR) technology on its main engine to reduce Nitrogen Oxide emissions. 

Hambantota’s importance in logistics routes have been on the rise, with significant volume routed through Hambantota to the Middle East, with the Azalea embarking from Singapore.

“The maiden call of Azalea Leader is significant because we are increasingly seeing shipping lines deploy their newest and most sophisticated vessels through Hambantota,”Wilson Qu, CEO, HIPG, said in a press release.

“It demonstrates the pivotal role HIP is developing in the regional RoRo sector and showcases the potential of the port as automotive volumes moving through Hambantota continue to grow.” (Colombo/September06/2026)

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Sri Lanka’s ex–President Mahinda Rajaopaksa’s son arrested over Airbus bribe deal 

Namal Rajapaksa being sworn in before President Gotabaya Rajapaksa on June 03, 2021

ECONOMYNEXT – Sri Lanka’s opposition legislator and son of former President Mahinda Rajapaksa was arrested by the island nation’s anti-graft commission over a 2014 Airbus deal amid allegations of accepting Rs. 100 million bribe.

The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) arrested Namal Rajapaksa, former sports minister, after a five-hour questioning regarding the allegation in a transaction related to the purchase of an Airbus aircraft for the state-run SriLankan Airlines when his father was the President.

He was later produced to court and remanded until September 18.

Namal Rajapaksa, a day before his arrest, told EconomyNext that the government was trying to arrest him to hide their failure in fulfilling election promises.

“I am not worried about arrest. But eventually they will have to prove it,” he said.

The CIABOC said Rajapaksa was questioned over the allegations and the “arrest was made in connection with the investigation being carried out based on the statement of the relevant Sri Lankan businessman and statements given to the Commission by officers of the Airbus company in France who came to the Commission, as well as documents and other information gathered in this regard.”

A British court found that the French aircraft manufacturer paid US$2 million to a shell company set up in Brunei under the name of former SriLankan Airlines CEO Kapila Chandrasena’s wife.

Chandrasena found dead in May this year under mysterious circumstances when he faced arrest over the same case.

Airbus deal is one of the controversial corrupt deals that took place under former President Mahinda Rajapaksa’s administration, and extensive investigations have been carried out following the British court’s revelations.

The CIABOC in March said that Chandrasena conspired with his wife and others to set up a shell company in Brunei Darussalam in his wife’s name, opened a bank account in Singapore under that company’s name, and received a sum of EUR 1,454,645.54 as bribe money from the European Aeronautic Defense and Space Company.

It said Chandrasena transferred the bribe money to his own account at the Commonwealth Bank of Australia and to several other individuals, including the then Director General of Sri Lankan Airlines.

Chandrasena and his wife, Priyanka Wijenaike, were first remanded in February 2020 after the British court found that Airbus had paid $2 million to Biz Solutions Inc., a shell company set up in Brunei in 2012.

Investigators revealed the money was transferred to the company’s Singapore account.

Chandrasena served as the CEO of SriLankan from July 2011 to February 2015, during former President Rajapaksa’s second term.

British court documents in 2020 revealed that his wife acted as an agent for the procurement of Airbus aircraft, and Airbus offered a bribe of $16 million.

In March last year, the Criminal Investigation Department (CID) of Sri Lanka Police questioned Namal Rajapaksa over receiving commission from the Airbus deal when his father was in power.

Junior Rajapaksa was questioned for over four hours based on a statement given by a state witness who had been questioned for his reported involvement in the money laundering.

The witness, a well-known former close ally of Rajapaksa and a businessman, had said that he facilitated the transfer of cash from the Airbus deal and handed it over to Namal Rajapaksa.

Namal Rajapaksa has denied the allegations and said the new government is attempting to attribute all unexplained wealth cases against the Rajapaksas.

International and local investigations have clearly pointed towards the involvement of bribes and misappropriations in the 2013 Airbus deal. (Colombo/September 04/2026)

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US FMC officials to visit Sri Lanka to advance trade interests

ECONOMYNEXT – US Federal Maritime Commission (FMC) Chairman Laura DiBella and FMC Commissioner Robert J Harvey will visit Sri Lanka to advance American trade interests, the US Embassy said.

The visit is “to advance US-Sri Lanka cooperation on maritime trade, investment, and the shipping networks connecting American businesses and consumers to markets across the Indo-Pacific”.

Sri Lanka plays an important role in keeping global trade moving, the embassy said.

“Over 80 percent of the containers moving through Colombo continue on to destinations around the world — a remarkable illustration of Sri Lanka’s role at the heart of Indian Ocean shipping,” US Ambassador Eric Meyer said.

“DiBella’s visit recognizes the importance of that role and provides an opportunity to deepen our cooperation with the people and institutions that keep this vital trade moving across the Indo-Pacific.

“Secure and efficient shipping creates opportunities for American businesses, strengthens Sri Lanka’s position as a regional hub, and supports prosperity in both our economies.”

DiBella and Harvey will meet with government and maritime leaders during the visit from September 6–10.

DiBella will also address the Colombo International Maritime and Logistics Conference and Harvey will serve on a panel.

The Federal Maritime Commission is the independent federal agency responsible for regulating the US international ocean transportation system for the benefit of US exporters, importers, and consumers. (Colombo/Sep4/2026)

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Sri Lanka urges farmers to change cultivation timetable, irrigation due to El Nino

ECONOMYNEXT — Sri Lanka authorities have urged farmers to complete sowing by mid-October to withstand heavy rains and prepare for an El Niño-driven dry spell early next year.

The island nation is targeting approximately 830,000 hectares for paddy cultivation in the upcoming 2026/27 Maha season.

The advisory follows meteorological forecasts indicating above-average rainfall across the island in October and November due to prevailing El Niño conditions and a positive Indian Ocean Dipole.

Rains are expected to drop sharply from January as temperatures climb.

Department of Agriculture Director General G G Wickramasinghe urged farmers to begin land preparation immediately with late September rains and finish sowing between October 15 and October 25.

Sowing early ensures crops are roughly a month old before intense November downpours arrive, preventing flood damage and allowing 3.5-month varieties to be harvested in late January before the dry spell sets in.

She noted that strict water discipline this season is vital to guarantee a successful Yala season in 2027.

To conserve water, the department advised farmers to avoid long-duration paddy varieties and adopt Alternate Wetting and Drying (AWD) irrigation, introduced by the Rice Research and Development Institute in Batalagoda to save roughly three full irrigation turns.

“After establishing the crop, keep the field flooded for about two weeks, and then allow the water to gradually deplete over the next two weeks,” Wickramasinghe said.

Director General of the Department of Meteorology in Sri Lanka is A L K Wijemannage said the World Meteorological Organization has indicated near-100 percent certainty that the El Niño event will persist through February, peaking between October and November.

“Moving into next year — particularly January, February, and March — temperatures will climb further while rainfall drops, leading us into a distinctly dry and warm period,” Wijemannage said.

To protect water reserves and cut imports, the Department of Agriculture is urging water-deficit paddy tracts to transition to Other Field Crops (OFCs) such as maize, green gram, cowpea, and finger millet.

Farmers shifting to OFCs on paddy lands will remain fully eligible for fertilizer subsidies, the officials said. (Colombo/Sep4/2026)

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Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange indices were trading up on Friday morning, CSE data showed, with the benchmark All Share Price Index moving up 0.37 percent.

The ASPI was up 79.28 points at 21,474.39, while the more liquid S&P SL20 was up 0.47 percent, or 27.95 points, at 6,023.20.

Positive contributors to the ASPI were Hatton National Bank (up 0.66 percent at 379.75 rupees), Dialog Axiata (up 0.86 percent at 46.90 rupees), Royal Ceramics Lanka (up 2.51 percent at 49.10 rupees), Ceylon Cold Stores (up 1.85 percent at 124.00 rupees), Sunshine Holdings (up 2.08 percent at 29.40 rupees), and Sampath Bank (up 0.18 percent at 139.00 rupees).

Commercial Development Company (down 2.51 percent at 35.00 rupees) was a top negative contributor.

Market turnover was 248.3 million rupees. Materials led turnover with 108.98 million rupees.

Kotagala Plantations said it had resolved to amalgamate with its 99.999 percent owned subsidiary, Rubber and Allied Products (Colombo), subject to shareholder approval.

Under the proposed amalgamation, minority shareholders holding a combined 9 shares in Rubber and Allied Products will receive a cash consideration of 8.10 rupees per share, while the parent company’s shares will be cancelled.

Kotagala Plantations shares were trading up 1.23 percent at 8.20 rupees. (Colombo/September04/2026)

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Benelux sandbox can boost Sri Lanka’s EU trade: Dutch envoy

SLBBC ExCo for 2026/2027 – (Seated L-R) Deputy Ambassador Iwan Rutjens, Ambassador Wiebe de Boer, Farhath Amith, President, Shameel Mohideen, Snr VP, Shiran Fernado, Sec Gen/CEO Ceylon Chamber of Commerce. (Standing L-R) Pasandi Senara, Secretariat of The Ceylon Chamber of Commerce, Hiwin Chandrasekara, Dr D S K Pathirana, P M Abeysekara, Suwaneetha Senanayake, Consul to Luxembourg, Somasena Mahadiulwewa, Acting Director General of Commerce, Andre Fernando, Asela Samarapperuma.

ECONOMYNEXT – The Benelux union could be used as a sandbox for Sri Lankan exporters’ further European integration, including its role in linking to the Port of Rotterdam, Ambassador of the Netherlands Wiebe de Boer has said.

Sri Lanka’s GSP+ access remains in place until 2029, with a two-year window to reapply under a new regime, he noted, and “expressed hope that Sri Lanka could eventually progress from GSP+ to a full Free Trade Agreement with the EU, similar to the EU-India FTA signed this year.”

He raised concerns over bureaucratic hurdles facing entrepreneurs, citing delays in quality-control clearances and restrictive foreign investment caps.

He was speaking as chief guest at annual general meeting of The Sri Lanka-Benelux Business Council (SLBBC) of The Ceylon Chamber of Commerce.

Council President Farhath Amith called for continued Benelux support to extend Sri Lanka’s GSP+ status by a further five years, noting key sectors for collaboration, including renewable energy, floriculture, agriculture and agro-processing (including GI-certifiable crops such as cocoa and vanilla), eco-tourism, the coconut industry, and healthcare.

The process of selecting Sri Lankan spices and agricultural commodities for GI Certification has been very slow over the years, he said, causing the country to miss out on expanding export market opportunities to the EU.

“With the Netherlands serving as the gateway for the floriculture industry in the EU, Sri Lanka should be considered as the hub in South Asia for the tropical ornamental plants and cut-foliage trade,” he said.

Amith, Director of Fanam International, was re-elected president for the 2026/2027 term, while Shaameel Mohideen (Spillburg Holdings) and P M Abeysekara (Vinu International Trading Company) were reappointed senior VP and vice president respectively.

The council elected committee members representing Andrew The Travel Company, MAC Holdings (Pvt) Ltd, Maliban Healthcare, Propylon One Private Limited, Sri Lanka Technology Development Corporate Society, and Thames International Educational Consultancy, Sajith Wijenayake, (Aitken Spence Travels) will continue to serve on the committee as immediate past president. (Colombo/Sep4/2026)

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